CM Hi-Tech Cleanroom (HKSE:02115) Effective Interest Rate on Debt % : 2.08% (As of Dec. 2023)

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What is CM Hi-Tech Cleanroom 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. CM Hi-Tech Cleanroom's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$1.4 Mil. CM Hi-Tech Cleanroom's average total debt for the quarter that ended in Dec. 2023 was HK$68.0 Mil. Therefore, CM Hi-Tech Cleanroom's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.08%.

CM Hi-Tech Cleanroom Effective Interest Rate on Debt % Historical Data

The historical data trend for CM Hi-Tech Cleanroom'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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CM Hi-Tech Cleanroom Effective Interest Rate on Debt % Chart

CM Hi-Tech Cleanroom Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.66

4.23

1.55

4.03

1.76

CM Hi-Tech Cleanroom Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						1.76	3.54	4.31	1.65	2.08

Competitive Comparison of CM Hi-Tech Cleanroom's Effective Interest Rate on Debt %

For the Building Products & Equipment subindustry, CM Hi-Tech Cleanroom'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.

CM Hi-Tech Cleanroom's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, CM Hi-Tech Cleanroom's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where CM Hi-Tech Cleanroom's Effective Interest Rate on Debt % falls into.

CM Hi-Tech Cleanroom Effective Interest Rate on Debt % Calculation

CM Hi-Tech Cleanroom'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 * -1.266	/	( (71.72	+	72.383)	/ 2 )
=	-1 * -1.266	/	72.0515
=	1.76 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.154	+	70.566
=	71.72

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.662	+	68.721
=	72.383

CM Hi-Tech Cleanroom'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 * -1.414	/	( (63.686	+	72.383)	/ 2 )
=	-1 * -1.414	/	68.0345
=	2.08 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.896	+	62.79
=	63.686

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.662	+	68.721
=	72.383

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.

CM Hi-Tech Cleanroom (HKSE:02115) Effective Interest Rate on Debt % Explanation

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

CM Hi-Tech Cleanroom Effective Interest Rate on Debt % Related Terms

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CM Hi-Tech Cleanroom (HKSE:02115) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Lot P.T. 14274, Jalan SU8, Persiaran Tengku Ampuan, Shah Alam, SGR, MYS, 40400

Website

https://www.channelmicron.com

CM Hi-Tech Cleanroom Ltd Formerly Channel Micron Holdings Co Ltd is a cleanroom wall and ceiling systems and cleanroom equipment provider. The company provides a range of cleanroom products and services, including the development, production and installation of cleanroom wall and ceiling systems, and cleanroom equipment such as fan filter units (which filter and regulate airflow in a cleanroom), air showers, pass boxes and HEPA filters. Its segments include Cleanroom wall and ceiling systems, which is the key revenue-generating segment; Cleanroom equipment; and others. It has a business presence in the PRC, Malaysia, the Philippines, Singapore and others. A majority of revenue is derived from the PRC.

Executives

Ng Yew Sum	2101 Beneficial owner
Bockmiller Douglas Frederick	2101 Beneficial owner
Chia Francis Mong Tet	2101 Beneficial owner
Dbs Trustee Limited	2301 Trustee
Bockmiller Lauren Lindquist	2307 Founder of a discretionary trust who can infl
Yap Fui Lee	2202 Interest of your spouse
Chia Mong Tet, Francis	2101 Beneficial owner
Yau Ah Lan	2202 Interest of your spouse

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