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Huili Resources (Group) (HKSE:01303) Effective Interest Rate on Debt % : 7.46% (As of Dec. 2023)


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What is Huili Resources (Group) 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. Huili Resources (Group)'s annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$1 Mil. Huili Resources (Group)'s average total debt for the quarter that ended in Dec. 2023 was HK$14 Mil. Therefore, Huili Resources (Group)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.46%.

Huili Resources (Group) Effective Interest Rate on Debt % Historical Data

The historical data trend for Huili Resources (Group)'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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Huili Resources (Group) Effective Interest Rate on Debt % Chart

Huili Resources (Group) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.30 10.61 13.52 15.95 12.03

Huili Resources (Group) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.54 13.97 11.31 10.57 7.46

Competitive Comparison of Huili Resources (Group)'s Effective Interest Rate on Debt %

For the Thermal Coal subindustry, Huili Resources (Group)'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.

Huili Resources (Group)'s Effective Interest Rate on Debt % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Huili Resources (Group)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Huili Resources (Group)'s Effective Interest Rate on Debt % falls into.


Huili Resources (Group) Effective Interest Rate on Debt % Calculation

Huili Resources (Group)'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  *  -1.012/( (3.295+13.532)/ 2 )
=-1  *  -1.012/8.4135
=12.03 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.637 + 0.658
=3.295

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.473 + 3.059
=13.532

Huili Resources (Group)'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  *  -1.06/( (14.904+13.532)/ 2 )
=-1  *  -1.06/14.218
=7.46 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.988 + 2.916
=14.904

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.473 + 3.059
=13.532

* 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.

Huili Resources (Group)  (HKSE:01303) Effective Interest Rate on Debt % Explanation

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

Huili Resources (Group) Effective Interest Rate on Debt % Related Terms

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Huili Resources (Group) (HKSE:01303) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Huili Resources (Group) Ltd (HKSE:01303) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
HKSE:01393 HKSE:00702 HKSE:00866 HKSE:01738 HKSE:00065 HKSE:01878 HKSE:08203 HKSE:01229 HKSE:08250 HKSE:00645 SHSE:601088 ISX:BYAN BOM:512599 SHSE:601225 NSE:COALINDIA SHSE:600188 SHSE:601898 SHSE:601699 SZSE:000983 SHSE:600925
Traded in Other Exchanges
N/A
Address
Unit no.4, 23rd Floor, Overseas Trust Bank Building, No. 160 Gloucester Road, Hong Kong, HKG
Website
http://www.huili.hk
Huili Resources (Group) Ltd is an investment holding company, engaged in the mining, ore processing and sales of gold, nickel, copper, lead and zinc products, trading of materials for oil and gas exploration and coals, and financial services in the People's Republic of China. It operates through three business segments namely Mining, Financial service, and Coal business. The company derives the majority of its revenue from the Coal business segment which involve trading in coal.
Executives
Sky Circle International Limited 2101 Beneficial owner
Prosper Union Holdings Limited 2101 Beneficial owner
Bong Chin Chung 2101 Beneficial owner
Feng Yuantao 2101 Beneficial owner
Lai Long Wai 2201 Interest of corporation controlled by you
China Clean Energy Technology Limited 2101 Beneficial owner
Ye Xin 2201 Interest of corporation controlled by you
Cui Yazhou 2201 Interest of corporation controlled by you
China Asset Management (hong Kong) Limited 2102 Investment manager
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si
Pine Success International Holdings Limited 2101 Beneficial owner
Cao Jianwei 2201 Interest of corporation controlled by you
Gao Miao Miao 2201 Interest of corporation controlled by you
Legend Vantage Limited 2101 Beneficial owner

Huili Resources (Group) (HKSE:01303) Headlines

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