Poly Property Group Co (Poly Property Group Co) Effective Interest Rate on Debt % : 2.05% (As of Dec. 2023)

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What is Poly Property Group 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. Poly Property Group Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $217 Mil. Poly Property Group Co's average total debt for the quarter that ended in Dec. 2023 was $10,589 Mil. Therefore, Poly Property Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.05%.

Poly Property Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Poly Property Group 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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Poly Property Group Co Effective Interest Rate on Debt % Chart

Poly Property Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.47

2.18

2.05

2.04

Poly Property Group Co 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															2.41	1.90	2.13	2.05	2.05

Competitive Comparison of Poly Property Group Co's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Poly Property Group 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.

Poly Property Group Co's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Poly Property Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Poly Property Group Co's Effective Interest Rate on Debt % falls into.

Poly Property Group Co Effective Interest Rate on Debt % Calculation

Poly Property Group 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 * -223.154	/	( (11513.591	+	10379.778)	/ 2 )
=	-1 * -223.154	/	10946.6845
=	2.04 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8879.593	+	2633.998
=	11513.591

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7467.439	+	2912.339
=	10379.778

Poly Property Group 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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -216.85	/	( (10797.426	+	10379.778)	/ 2 )
=	-1 * -216.85	/	10588.602
=	2.05 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8370.517	+	2426.909
=	10797.426

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7467.439	+	2912.339
=	10379.778

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.

Poly Property Group Co (OTCPK:PHKIF) Effective Interest Rate on Debt % Explanation

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

Poly Property Group Co Effective Interest Rate on Debt % Related Terms

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Poly Property Group Co (Poly Property Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Poly Property Group Co Ltd (OTCPK:PHKIF) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

00119:Hong Kong

Address

18 Harcourt Road, Room 2503, Admiralty Centre, Tower 1, Hong Kong, HKG

Website

https://www.polyhongkong.com

Poly Property Group Co Ltd is a real estate company. The company is organized into four segments; Property Development, Property Investment, Hotel Operations, and Others. The Property Development segment is its major focus area and accounts for most of the company's revenues. The property Investment and Management segment is engaged in property investment and management. The Hotel Operations segment deals with hotel and restaurant businesses and the Other Operations segment is engaged in the manufacture and sales of digital discs and others.

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