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Infinity Logistics And Transport Ventures (HKSE:01442) Effective Interest Rate on Debt % : 5.44% (As of Dec. 2023)


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What is Infinity Logistics And Transport Ventures 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. Infinity Logistics And Transport Ventures's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$22.1 Mil. Infinity Logistics And Transport Ventures's average total debt for the quarter that ended in Dec. 2023 was HK$407.0 Mil. Therefore, Infinity Logistics And Transport Ventures's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.44%.


Infinity Logistics And Transport Ventures Effective Interest Rate on Debt % Historical Data

The historical data trend for Infinity Logistics And Transport Ventures'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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Infinity Logistics And Transport Ventures Effective Interest Rate on Debt % Chart

Infinity Logistics And Transport Ventures Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 5.36 4.51 4.69 5.76 5.49

Infinity Logistics And Transport Ventures Semi-Annual Data
Dec16 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 6.01 5.92 5.30 4.86 5.44

Competitive Comparison of Infinity Logistics And Transport Ventures's Effective Interest Rate on Debt %

For the Integrated Freight & Logistics subindustry, Infinity Logistics And Transport Ventures'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.


Infinity Logistics And Transport Ventures's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Infinity Logistics And Transport Ventures's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Infinity Logistics And Transport Ventures's Effective Interest Rate on Debt % falls into.



Infinity Logistics And Transport Ventures Effective Interest Rate on Debt % Calculation

Infinity Logistics And Transport Ventures'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  *  -20.53/( (359.357+388.339)/ 2 )
=-1  *  -20.53/373.848
=5.49 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=282.398 + 76.959
=359.357

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=299.279 + 89.06
=388.339

Infinity Logistics And Transport Ventures'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  *  -22.148/( (425.622+388.339)/ 2 )
=-1  *  -22.148/406.9805
=5.44 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=323.435 + 102.187
=425.622

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=299.279 + 89.06
=388.339

* 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.


Infinity Logistics And Transport Ventures  (HKSE:01442) Effective Interest Rate on Debt % Explanation

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


Infinity Logistics And Transport Ventures Effective Interest Rate on Debt % Related Terms

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Infinity Logistics And Transport Ventures (HKSE:01442) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan Kasuarina 8, Infinity House, Bandar Botanic, Klang, Klang, SGR, MYS, 41200
Infinity Logistics And Transport Ventures Ltd is an investment holding company. It operates in three segments: Integrated freight forwarding services segment, which provides non-vessel operating common carriers (NVOCC) and freight forwarding services; Logistics center and related services segment provides warehousing and container depot services; Land transportation services segment provides land transportation services; Flexitank solution & related services segment provides flexitank solution and related services; and Fourth-party Logistics (4PL) services. The company's geographical segments include China, Indonesia, Malaysia, Netherlands, Singapore, South Korea, Thailand, Vietnam, and Others, of which maximum revenue comes from Malaysia.
Executives
2926 Holdings Limited 2103 Interests held jointly with another person
Chan Kong Yew
Kwan Siew Deeg
Lo Shing Ping
Tan Jyh Yaong

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