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Come Sure Group holdings (HKSE:00794) Effective Interest Rate on Debt % : 7.16% (As of Sep. 2023)


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What is Come Sure Group holdings Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Come Sure Group holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$26.7 Mil. Come Sure Group holdings's average total debt for the quarter that ended in Sep. 2023 was HK$373.0 Mil. Therefore, Come Sure Group holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 7.16%.


Come Sure Group holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Come Sure Group holdings's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Come Sure Group holdings Effective Interest Rate on Debt % Chart

Come Sure Group holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.92 4.92 4.38 5.70 6.63

Come Sure Group holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.86 6.19 6.18 7.30 7.16

Competitive Comparison of Come Sure Group holdings's Effective Interest Rate on Debt %

For the Paper & Paper Products subindustry, Come Sure Group holdings's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Come Sure Group holdings's Effective Interest Rate on Debt % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Come Sure Group holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Come Sure Group holdings's Effective Interest Rate on Debt % falls into.



Come Sure Group holdings Effective Interest Rate on Debt % Calculation

Come Sure Group holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -28.027/( (465.168+380.282)/ 2 )
=-1  *  -28.027/422.725
=6.63 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=245.131 + 220.037
=465.168

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=213.584 + 166.698
=380.282

Come Sure Group holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -26.716/( (380.282+365.708)/ 2 )
=-1  *  -26.716/372.995
=7.16 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=213.584 + 166.698
=380.282

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=194.89 + 170.818
=365.708

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Come Sure Group holdings  (HKSE:00794) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Come Sure Group holdings Effective Interest Rate on Debt % Related Terms

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Come Sure Group holdings (HKSE:00794) Business Description

Traded in Other Exchanges
N/A
Address
50 Wing Tai Road, Units 8-10, 8th Floor, Cornell Centre, Chai Wan, Hong Kong, HKG
Come Sure Group holdings an investment holding company. The company's operating segment includes Corrugated products; Offset printed corrugated products and Properties leasing. Corrugated products segment is engaged in the manufacture and sale of corrugated board and corrugated paper-based packing products. The Offset printed corrugated products are related to the manufacture and sale of offset printed corrugated products, and Properties leasing conduct properties leased in Hong Kong for rental income. It generates maximum revenue from the Corrugated products segment. Geographically, it derives a majority of revenue from the PRC and also has a presence in Hong Kong and Macau.
Executives
Perfect Group Version Limited
Hsbc International Trustee Limited 2301 Trustee
Chan Po Ting
Chong Kam Chau
Chong Kam Shing
Chong Wa Ching
Chong Wa Lam
Chong Wa Pan
Hung Woon Cheuk
Yuen Chung Yan
Jade City Assets Limited 2201 Interest of corporation controlled by you

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