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iDreamSky Technology Holdings (HKSE:01119) Effective Interest Rate on Debt % : 9.01% (As of Dec. 2023)


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What is iDreamSky Technology 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. iDreamSky Technology Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$139 Mil. iDreamSky Technology Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$1,542 Mil. Therefore, iDreamSky Technology Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 9.01%.

iDreamSky Technology Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for iDreamSky Technology 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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iDreamSky Technology Holdings Effective Interest Rate on Debt % Chart

iDreamSky Technology Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 3.82 5.77 6.86 7.10 9.94

iDreamSky Technology Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 7.18 7.41 7.73 9.81 9.01

Competitive Comparison of iDreamSky Technology Holdings's Effective Interest Rate on Debt %

For the Electronic Gaming & Multimedia subindustry, iDreamSky Technology 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.

iDreamSky Technology Holdings's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, iDreamSky Technology Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where iDreamSky Technology Holdings's Effective Interest Rate on Debt % falls into.


iDreamSky Technology Holdings Effective Interest Rate on Debt % Calculation

iDreamSky Technology Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -156.545/( (1809.682+1341.551)/ 2 )
=-1  *  -156.545/1575.6165
=9.94 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=91.697 + 1717.985
=1809.682

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=405.094 + 936.457
=1341.551

iDreamSky Technology Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -138.86/( (1741.63+1341.551)/ 2 )
=-1  *  -138.86/1541.5905
=9.01 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=397.235 + 1344.395
=1741.63

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=405.094 + 936.457
=1341.551

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

iDreamSky Technology Holdings  (HKSE:01119) Effective Interest Rate on Debt % Explanation

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

iDreamSky Technology Holdings Effective Interest Rate on Debt % Related Terms

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iDreamSky Technology Holdings (HKSE:01119) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » iDreamSky Technology Holdings Ltd (HKSE:01119) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
HKSE:00302 HKSE:02660 HKSE:00799 HKSE:06633 HKSE:03798 HKSE:06820 HKSE:02400 HKSE:00797 HKSE:09890 HKSE:09990 ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697
Traded in Other Exchanges
08IA:Germany
Address
15 Keyuan Road, 16th Floor, A3 Building, Kexing Science Park, Nanshan District, Shenzhen, CHN, 518057
Website
https://www.idreamsky.com
iDreamSky Technology Holdings Ltd operates a digital entertainment platform in the game publishing market in China. Its gaming portfolio includes role-playing games, endless running games, matching puzzle games and casual competition games among others. The company has two reportable segment: Game and information services segment and IP derivatives business segment.
Executives
Chen Xiangyu 2201 Interest of corporation controlled by you
Brilliant Seed Limited
Tencent Holdings Limited 2201 Interest of corporation controlled by you
Bank Of America Corporation 2201 Interest of corporation controlled by you
Dream Investment Holdings Limited
Dream Technology Holdings Limited
Idreamsky Technology Limited
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Chen Xiangyu
Yong Rong (hk) Asset Management Limited 2102 Investment manager
Tencent Mobility Limited

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