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Topsports International Holdings (HKSE:06110) Effective Interest Rate on Debt % : 3.59% (As of Aug. 2023)


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What is Topsports International 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. Topsports International Holdings's annualized positive value of Interest Expense for the quarter that ended in Aug. 2023 was HK$168 Mil. Topsports International Holdings's average total debt for the quarter that ended in Aug. 2023 was HK$4,685 Mil. Therefore, Topsports International Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 was 3.59%.


Topsports International Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Topsports International 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.

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Topsports International Holdings Effective Interest Rate on Debt % Chart

Topsports International Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 5.51 4.91 5.18 5.16 5.26

Topsports International Holdings Semi-Annual Data
Feb17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 4.96 5.76 4.77 4.43 3.59

Competitive Comparison of Topsports International Holdings's Effective Interest Rate on Debt %

For the Apparel Retail subindustry, Topsports International 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.


Topsports International Holdings's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Topsports International Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Topsports International Holdings Effective Interest Rate on Debt % Calculation

Topsports International Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Feb. 2022 )+Total Debt  (A: Feb. 2023 ))/ count )
=-1  *  -242.367/( (4394.826+4827.952)/ 2 )
=-1  *  -242.367/4611.389
=5.26 %

where

Total Debt  (A: Feb. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2422.281 + 1972.545
=4394.826

Total Debt  (A: Feb. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1700.014 + 3127.938
=4827.952

Topsports International Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Feb. 2023 )+Total Debt  (Q: Aug. 2023 ))/ count )
=-1  *  -168.216/( (4827.952+4542.398)/ 2 )
=-1  *  -168.216/4685.175
=3.59 %

where

Total Debt  (Q: Feb. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1700.014 + 3127.938
=4827.952

Total Debt  (Q: Aug. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1599.465 + 2942.933
=4542.398

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


Topsports International Holdings  (HKSE:06110) Effective Interest Rate on Debt % Explanation

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


Topsports International Holdings Effective Interest Rate on Debt % Related Terms

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Topsports International Holdings (HKSE:06110) Business Description

Traded in Other Exchanges
Address
No. 928 Liuzhou Road, 22nd Floor, Belle International Building, Xuhui District, Shanghai, CHN
Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers seeking to buy sportswear. The firm operates more than 6,500 stores directly as of the end of fiscal 2023, and most of these "single-brand" stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. In addition to these two sportswear giants, Topsports also has partnerships with sportswear brands such as Puma, Li Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.

Topsports International Holdings (HKSE:06110) Headlines

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