Zengame Technology Holding (HKSE:02660) Effective Interest Rate on Debt % : 3.89% (As of Dec. 2023)

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What is Zengame Technology Holding 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. Zengame Technology Holding's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$0 Mil. Zengame Technology Holding's average total debt for the quarter that ended in Dec. 2023 was HK$12 Mil. Therefore, Zengame Technology Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.89%.

Zengame Technology Holding Effective Interest Rate on Debt % Historical Data

The historical data trend for Zengame Technology Holding'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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Zengame Technology Holding Effective Interest Rate on Debt % Chart

Zengame Technology Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.34

9.19

5.53

3.34

4.71

Zengame Technology Holding 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									4.90	4.80	4.91	4.37	3.89

Competitive Comparison of Zengame Technology Holding's Effective Interest Rate on Debt %

For the Electronic Gaming & Multimedia subindustry, Zengame Technology Holding'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.

Zengame Technology Holding's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zengame Technology Holding's Effective Interest Rate on Debt % distribution charts can be found below:

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

Zengame Technology Holding Effective Interest Rate on Debt % Calculation

Zengame Technology Holding'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 * -0.697	/	( (24.041	+	5.575)	/ 2 )
=	-1 * -0.697	/	14.808
=	4.71 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.607	+	22.434
=	24.041

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.785	+	3.79
=	5.575

Zengame Technology Holding'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 * -0.466	/	( (18.412	+	5.575)	/ 2 )
=	-1 * -0.466	/	11.9935
=	3.89 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.304	+	18.108
=	18.412

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.785	+	3.79
=	5.575

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.

Zengame Technology Holding (HKSE:02660) Effective Interest Rate on Debt % Explanation

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

Zengame Technology Holding Effective Interest Rate on Debt % Related Terms

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Zengame Technology Holding (HKSE:02660) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Zengame Technology Holding Ltd (HKSE:02660) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Keji South 12 Road, Rooms 1304-06, Changhong Science and Technology Mansion, Science and Technology Park, Nanshan District, Shenzhen, CHN, 518057

Website

https://www.zen-game.com

Zengame Technology Holding Ltd is a mobile game developer. The company operates self-developed and third-party-developed games. The company's games include card games, board games, other casual games, and hardcore games, including Fight the Landlord, Sichuan Mahjong, Hunan Run Fast, Tiantian Love Chinese Chess, Happy Mengmengxiao and Kuaishou Fishing. It is also engaged in the investment business.

Executives

Yang Min	2501 Other
Ye Sheng	2501 Other
Zeng Liqing	2202 Interest of your spouse
Zhang Wei	2307 Founder of a discretionary trust who can infl
Infiniti Trust (hong Kong) Limited	2301 Trustee
Bonaza Limited	2201 Interest of corporation controlled by you
D Fun Limited	2101 Beneficial owner
The Core Trust Company Limited	2301 Trustee
Tct (bvi) Limited	2501 Other
Xie Yingying	2202 Interest of your spouse
Bao Trust	2301 Trustee
Bao Zhoujia	2307 Founder of a discretionary trust who can infl
Y&j Family Limited	2306 Nominee for another person
J&l Y Limited	2101 Beneficial owner
Ys Limited	2306 Nominee for another person

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