Econ Healthcare (Asia) (SGX:EHG) Effective Interest Rate on Debt % : 3.68% (As of Sep. 2023)

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What is Econ Healthcare (Asia) 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. Econ Healthcare (Asia)'s annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was S$1.56 Mil. Econ Healthcare (Asia)'s average total debt for the quarter that ended in Sep. 2023 was S$42.35 Mil. Therefore, Econ Healthcare (Asia)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 3.68%.

Econ Healthcare (Asia) Effective Interest Rate on Debt % Historical Data

The historical data trend for Econ Healthcare (Asia)'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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Econ Healthcare (Asia) Effective Interest Rate on Debt % Chart

Econ Healthcare (Asia) Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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3.80

4.07

3.42

3.22

3.12

Econ Healthcare (Asia) Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						3.12	4.09	3.03	3.04	3.68

Competitive Comparison of Econ Healthcare (Asia)'s Effective Interest Rate on Debt %

For the Medical Care Facilities subindustry, Econ Healthcare (Asia)'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.

Econ Healthcare (Asia)'s Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Econ Healthcare (Asia)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Econ Healthcare (Asia)'s Effective Interest Rate on Debt % falls into.

Econ Healthcare (Asia) Effective Interest Rate on Debt % Calculation

Econ Healthcare (Asia)'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 * -1.519	/	( (49.976	+	47.396)	/ 2 )
=	-1 * -1.519	/	48.686
=	3.12 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	38.895	+	11.081
=	49.976

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	37.341	+	10.055
=	47.396

Econ Healthcare (Asia)'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: Mar. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -1.56	/	( (47.396	+	37.302)	/ 2 )
=	-1 * -1.56	/	42.349
=	3.68 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	37.341	+	10.055
=	47.396

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	28.726	+	8.576
=	37.302

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

Econ Healthcare (Asia) (SGX:EHG) Effective Interest Rate on Debt % Explanation

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

Econ Healthcare (Asia) Effective Interest Rate on Debt % Related Terms

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Econ Healthcare (Asia) (SGX:EHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Econ Healthcare (Asia) Ltd (SGX:EHG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 Changi Road, No. 05-01-13, Hexacube, Singapore, SGP, 419728

Website

https://www.econhealthcare.com

Econ Healthcare (Asia) Ltd is a private nursing home operator in Singapore and Malaysia. The operating business segments are Medicare Centres and Nursing Homes and Other Operations and Ancillary Services. The company derives maximum revenue from the provision of medicare centres and the nursing home segment. Geographically it derives a majority of its revenue from Singapore.

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