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Yee Hop Holdings (HKSE:01662) Effective Interest Rate on Debt % : 6.42% (As of Sep. 2023)


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What is Yee Hop 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. Yee Hop Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$28.0 Mil. Yee Hop Holdings's average total debt for the quarter that ended in Sep. 2023 was HK$436.1 Mil. Therefore, Yee Hop Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 6.42%.


Yee Hop Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Yee Hop 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.

* Premium members only.

Yee Hop Holdings Effective Interest Rate on Debt % Chart

Yee Hop Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 4.41 5.92 1.93 2.41 7.17

Yee Hop Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 3.48 1.31 4.71 8.63 6.42

Competitive Comparison of Yee Hop Holdings's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Yee Hop 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.


Yee Hop Holdings's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Yee Hop Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Yee Hop Holdings Effective Interest Rate on Debt % Calculation

Yee Hop Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -27.057/( (295.887+458.729)/ 2 )
=-1  *  -27.057/377.308
=7.17 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=247.403 + 48.484
=295.887

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=383.108 + 75.621
=458.729

Yee Hop Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -28.004/( (458.729+413.481)/ 2 )
=-1  *  -28.004/436.105
=6.42 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=383.108 + 75.621
=458.729

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=342.667 + 70.814
=413.481

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


Yee Hop Holdings  (HKSE:01662) Effective Interest Rate on Debt % Explanation

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


Yee Hop Holdings Effective Interest Rate on Debt % Related Terms

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Yee Hop Holdings (HKSE:01662) Business Description

Industry
Traded in Other Exchanges
N/A
Address
19 Lam Lok Street, Units 1104-06, Nan Fung Commercial Centre, Kowloon Bay, Hong Kong, HKG
Yee Hop Holdings Ltd is an investment company. The company's operating segment includes Foundation and other civil works; Tunneling works and Premises revitalization and enhancement. It generates maximum revenue from the Foundation and other civil works segments. The services of the company include the construction of mini-piles, rock-socketed steel H-piles, driven steel H piles, and other civil works. Geographically, the company derives majority of its revenue from Hong Kong and has a presence in PRC and the Philippines.
Executives
Lee Sze Wing Mabel 2202 Interest of your spouse
Chui Mo Ming 2101 Beneficial owner
Jj1318 Holdings Limited 2101 Beneficial owner
Jim Yin Kwan Jackin 2201 Interest of corporation controlled by you
Xu Junmin 2101 Beneficial owner

Yee Hop Holdings (HKSE:01662) Headlines

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