China Resources Mixc Lifestyle Services (HKSE:01209) Effective Interest Rate on Debt % : 4.73% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is China Resources Mixc Lifestyle Services 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. China Resources Mixc Lifestyle Services's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$126 Mil. China Resources Mixc Lifestyle Services's average total debt for the quarter that ended in Dec. 2023 was HK$2,658 Mil. Therefore, China Resources Mixc Lifestyle Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.73%.

China Resources Mixc Lifestyle Services Effective Interest Rate on Debt % Historical Data

The historical data trend for China Resources Mixc Lifestyle Services'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.

* Premium members only.

China Resources Mixc Lifestyle Services Effective Interest Rate on Debt % Chart

China Resources Mixc Lifestyle Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

4.90

4.61

3.78

3.66

4.81

China Resources Mixc Lifestyle Services Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial							3.74	3.48	4.66	4.88	4.73

Competitive Comparison of China Resources Mixc Lifestyle Services's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, China Resources Mixc Lifestyle Services'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.

China Resources Mixc Lifestyle Services's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Resources Mixc Lifestyle Services's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where China Resources Mixc Lifestyle Services's Effective Interest Rate on Debt % falls into.

China Resources Mixc Lifestyle Services Effective Interest Rate on Debt % Calculation

China Resources Mixc Lifestyle Services'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 * -128.193	/	( (2682.033	+	2645.97)	/ 2 )
=	-1 * -128.193	/	2664.0015
=	4.81 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2570.635	+	111.398
=	2682.033

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2479.95	+	166.02
=	2645.97

China Resources Mixc Lifestyle Services'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 * -125.728	/	( (2670.857	+	2645.97)	/ 2 )
=	-1 * -125.728	/	2658.4135
=	4.73 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2559.257	+	111.6
=	2670.857

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2479.95	+	166.02
=	2645.97

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.

China Resources Mixc Lifestyle Services (HKSE:01209) Effective Interest Rate on Debt % Explanation

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

China Resources Mixc Lifestyle Services Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of China Resources Mixc Lifestyle Services's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

China Resources Mixc Lifestyle Services (HKSE:01209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Resources Mixc Lifestyle Services Ltd (HKSE:01209) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9668 Shennan Avenue, 30th Floor, China Resources Land Building, Tower B, Nanshan District, Shenzhen, CHN

Website

https://www.crmixclifestyle.com.cn

China Resources Mixc Lifestyle Services Ltd offers property management services. The business activities of the group function through two business segments namely the residential property management services segment and Commercial operational and property management services segment. Majority of revenue is generated from Commercial operational and property management services segment. The Group provides property management and value-added services to portfolios of residential properties, and also manages and operates a diversified and growing portfolio of commercial properties comprising shopping malls and office buildings. Geographically the company operates through the regions of China.

China Resources Mixc Lifestyle Services (HKSE:01209) Headlines

No Headlines