China Brilliant Global (HKSE:08026) Effective Interest Rate on Debt % : 0.71% (As of Sep. 2023)

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What is China Brilliant Global 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. China Brilliant Global's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$0.56 Mil. China Brilliant Global's average total debt for the quarter that ended in Sep. 2023 was HK$78.34 Mil. Therefore, China Brilliant Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.71%.

China Brilliant Global Effective Interest Rate on Debt % Historical Data

The historical data trend for China Brilliant Global'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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China Brilliant Global Effective Interest Rate on Debt % Chart

China Brilliant Global Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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3.20

6.93

0.60

0.10

0.15

China Brilliant Global Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.35	0.21	0.17	0.54	0.71

Competitive Comparison of China Brilliant Global's Effective Interest Rate on Debt %

For the Luxury Goods subindustry, China Brilliant Global'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.

China Brilliant Global's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where China Brilliant Global's Effective Interest Rate on Debt % falls into.

China Brilliant Global Effective Interest Rate on Debt % Calculation

China Brilliant Global'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 * -0.102	/	( (78.504	+	59.246)	/ 2 )
=	-1 * -0.102	/	68.875
=	0.15 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	78.504
=	78.504

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	58.214	+	1.032
=	59.246

China Brilliant Global'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: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -0.56	/	( (0	+	78.34)	/ 1 )
=	-1 * -0.56	/	78.34
=	0.71 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	58.149	+	20.191
=	78.34

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

China Brilliant Global (HKSE:08026) Effective Interest Rate on Debt % Explanation

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

China Brilliant Global Effective Interest Rate on Debt % Related Terms

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China Brilliant Global (HKSE:08026) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China Brilliant Global Ltd (HKSE:08026) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

9 Des Voeux Road West, Flat B, 9th Floor, Sheung Wan, Hong Kong, HKG

Website

https://www.cbg.com.hk

China Brilliant Global Ltd engages in wholesale and retailing of jewellery, money lending and distribution and retailing of Chinese herbal medicine and drugs. The company operates its business through three segments are Trading and retailing of gold and jewellery segment; Lending business, and the Fintech business segment. The Trading and retailing of gold and jewellery contribute maximum in the revenue of the company. The group's operations are mainly located in the PRC and Hong Kong, of which prime revenue is generated from the PRC.

Executives

Zhang Chunhua	2101 Beneficial owner
Brilliant Chapter Limited	2101 Beneficial owner
Zhang Chunping	2101 Beneficial owner

China Brilliant Global (HKSE:08026) Headlines

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