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HKBN (HKSE:01310) Effective Interest Rate on Debt % : 7.48% (As of Feb. 2024)


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What is HKBN 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. HKBN's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was HK$856 Mil. HKBN's average total debt for the quarter that ended in Feb. 2024 was HK$11,439 Mil. Therefore, HKBN's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 7.48%.


HKBN Effective Interest Rate on Debt % Historical Data

The historical data trend for HKBN'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.

HKBN Effective Interest Rate on Debt % Chart

HKBN Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.66 4.66 2.64 2.80 6.09

HKBN Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 2.43 3.19 5.65 6.52 7.48

Competitive Comparison of HKBN's Effective Interest Rate on Debt %

For the Telecom Services subindustry, HKBN'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.


HKBN's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, HKBN's Effective Interest Rate on Debt % distribution charts can be found below:

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



HKBN Effective Interest Rate on Debt % Calculation

HKBN's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Aug. 2022 )+Total Debt  (A: Aug. 2023 ))/ count )
=-1  *  -707.061/( (11729.038+11492.73)/ 2 )
=-1  *  -707.061/11610.884
=6.09 %

where

Total Debt  (A: Aug. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11295.064 + 433.974
=11729.038

Total Debt  (A: Aug. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11056.959 + 435.771
=11492.73

HKBN's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Aug. 2023 )+Total Debt  (Q: Feb. 2024 ))/ count )
=-1  *  -855.62/( (11492.73+11385.069)/ 2 )
=-1  *  -855.62/11438.8995
=7.48 %

where

Total Debt  (Q: Aug. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11056.959 + 435.771
=11492.73

Total Debt  (Q: Feb. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10994.8 + 390.269
=11385.069

* 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 (Feb. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


HKBN  (HKSE:01310) Effective Interest Rate on Debt % Explanation

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


HKBN Effective Interest Rate on Debt % Related Terms

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HKBN (HKSE:01310) Business Description

Traded in Other Exchanges
Address
18 Kin Hong Street, 12th Floor, Trans Asia Centre, Kwai Chung, New Territories, Hong Kong, HKG
HKBN Ltd is a telecommunications company. The company derives revenue from broadband Internet services and voice services to both residential and enterprise customers. The principal activities of the Group are (i) provision of fixed telecommunications network services, international telecommunications services, and mobile services to residential and enterprise customers in Hong Kong, (ii) system integration services, (iii) product sales, and (iv) marketing and distribution of computer hardware and software, telecommunication products, office automation products and the provision of related services. The company has two segments Telecom and technology solutions (Hong Kong) and Telecom and technology solutions (non-Hong Kong) and the majority of its revenue is generated from Hong Kong.
Executives
Gic Private Limited 2102 Investment manager
Min Bryan Byungsuk 2201 Interest of corporation controlled by you
Bonderman David 2201 Interest of corporation controlled by you
Coulter James George 2201 Interest of corporation controlled by you
Kim Michael Byungju 2201 Interest of corporation controlled by you
Mbk Gp Iii, Inc. 2201 Interest of corporation controlled by you
Mbk Partners Fund Iii, L.p. 2201 Interest of corporation controlled by you
Mbk Partners Gp Iii, L.p. 2201 Interest of corporation controlled by you
Mbk Partners Jc Gp, Inc. 2201 Interest of corporation controlled by you
Mbk Partners Jc Gp, L.p. 2201 Interest of corporation controlled by you
Mbk Partners Jc, L.p. 2201 Interest of corporation controlled by you
Tpg Asia Advisors Vi, Inc. 2201 Interest of corporation controlled by you
Twin Holding Ltd 2101 Beneficial owner
Canada Pension Plan Investment Board

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