HKT Trust and HKT (HKSE:06823) Effective Interest Rate on Debt % : 4.73% (As of Dec. 2023)

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What is HKT Trust and HKT 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. HKT Trust and HKT's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$2,212 Mil. HKT Trust and HKT's average total debt for the quarter that ended in Dec. 2023 was HK$46,718 Mil. Therefore, HKT Trust and HKT's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.73%.

HKT Trust and HKT Effective Interest Rate on Debt % Historical Data

The historical data trend for HKT Trust and HKT'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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HKT Trust and HKT Effective Interest Rate on Debt % Chart

HKT Trust and HKT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.33

2.94

2.59

3.21

4.39

HKT Trust and HKT Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.70	2.72	3.67	4.00	4.73

Competitive Comparison of HKT Trust and HKT's Effective Interest Rate on Debt %

For the Telecom Services subindustry, HKT Trust and HKT'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.

HKT Trust and HKT's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, HKT Trust and HKT's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where HKT Trust and HKT's Effective Interest Rate on Debt % falls into.

HKT Trust and HKT Effective Interest Rate on Debt % Calculation

HKT Trust and HKT'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 * -2031	/	( (45865	+	46698)	/ 2 )
=	-1 * -2031	/	46281.5
=	4.39 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	40813	+	5052
=	45865

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	44497	+	2201
=	46698

HKT Trust and HKT'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 * -2212	/	( (46738	+	46698)	/ 2 )
=	-1 * -2212	/	46718
=	4.73 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	44685	+	2053
=	46738

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	44497	+	2201
=	46698

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.

HKT Trust and HKT (HKSE:06823) Effective Interest Rate on Debt % Explanation

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

HKT Trust and HKT Effective Interest Rate on Debt % Related Terms

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HKT Trust and HKT (HKSE:06823) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » HKT Trust and HKT Ltd (HKSE:06823) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

HKTTY:USA HKTTF:USA 4HK:Germany

Address

979 King’s Road, Quarry Bay, 39th Floor, PCCW Tower, Taikoo Place, Hong Kong, HKG

Website

https://www.hkt.com

HKT Trust and HKT Ltd is a triple-play telecommunications provider that operates through three segments, telecommunications services, mobile, and Other businesses. Telecommunication services are the larger business segment and generates revenue by providing voice services, broadband services, local and international data services, and the sales of equipment. The company's mobile segment generates revenue by selling mobile services and handsets. The Other Businesses segment primarily comprises new business areas such as Tap & Go mobile payment service and The Club program, and corporate support functions. The company owns fiber and mobile infrastructure. HKT Trust generate the vast majority of its revenue in Hong Kong.

Executives

Pccw Limited	2201 Interest of corporation controlled by you
Citigroup Inc.	2502 Approved lending agent

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