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Victory Securities (Holdings) Co (HKSE:08540) Effective Interest Rate on Debt % : 8.22% (As of Dec. 2023)


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What is Victory Securities (Holdings) Co 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. Victory Securities (Holdings) Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$7.91 Mil. Victory Securities (Holdings) Co's average total debt for the quarter that ended in Dec. 2023 was HK$96.20 Mil. Therefore, Victory Securities (Holdings) Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.22%.


Victory Securities (Holdings) Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Victory Securities (Holdings) Co'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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Victory Securities (Holdings) Co Effective Interest Rate on Debt % Chart

Victory Securities (Holdings) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 4.43 5.14 4.02 2.96 5.64

Victory Securities (Holdings) Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.28 4.62 4.91 6.36 8.22

Competitive Comparison of Victory Securities (Holdings) Co's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Victory Securities (Holdings) Co'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.


Victory Securities (Holdings) Co's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Victory Securities (Holdings) Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Victory Securities (Holdings) Co's Effective Interest Rate on Debt % falls into.



Victory Securities (Holdings) Co Effective Interest Rate on Debt % Calculation

Victory Securities (Holdings) Co'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  *  -6.471/( (133.157+96.195)/ 2 )
=-1  *  -6.471/114.676
=5.64 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=133.157 + 0
=133.157

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=96.195 + 0
=96.195

Victory Securities (Holdings) Co'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -7.908/( (0+96.195)/ 1 )
=-1  *  -7.908/96.195
=8.22 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=96.195 + 0
=96.195

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


Victory Securities (Holdings) Co  (HKSE:08540) Effective Interest Rate on Debt % Explanation

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


Victory Securities (Holdings) Co Effective Interest Rate on Debt % Related Terms

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Victory Securities (Holdings) Co (HKSE:08540) Business Description

Traded in Other Exchanges
N/A
Address
3 Connaught Road West, Room 1101-3, 11th Floor, Yardley Commercial Building, Sheung Wan, Hong Kong, HKG
Victory Securities (Holdings) Co Ltd is an investment holding company engaged in the businesses of securities futures insurance policies broking, placing and underwriting services and advising on securities services, financing services, asset management services, financial advisory services and investment consultancy services in Hong Kong.. The company has five operating segments: Securities/ futures broking services; Financing services; Asset management services; Insurance consultancy services and Financial advisory services. It generates maximum revenue from the Securities/ futures broking services segment. The Group operates in Hong Kong and its revenue is derived from its operations in Hong Kong.
Executives
Chui Fan 2101 Beneficial owner
Kou Kuen 2101 Beneficial owner
Dr. Tt Kou's Family Company Limited 2101 Beneficial owner
Chan Pui Chuen 2101 Beneficial owner
Chan Ying Kit 2202 Interest of your spouse
Kou Luen 2101 Beneficial owner

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