Future World Holdings (HKSE:00572) Effective Interest Rate on Debt % : 4.65% (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Future World Holdings 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. Future World Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$19.15 Mil. Future World Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$411.87 Mil. Therefore, Future World Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.65%.

Future World Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Future World Holdings'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.

* Premium members only.

Future World Holdings Effective Interest Rate on Debt % Chart

Future World Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

5.20

4.40

3.80

3.51

4.84

Future World Holdings 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															3.84	3.26	3.89	4.85	4.65

Competitive Comparison of Future World Holdings's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Future World Holdings'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.

Future World Holdings's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Future World Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Future World Holdings's Effective Interest Rate on Debt % falls into.

Future World Holdings Effective Interest Rate on Debt % Calculation

Future World Holdings'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 * -19.318	/	( (389.152	+	409.005)	/ 2 )
=	-1 * -19.318	/	399.0785
=	4.84 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.772	+	385.38
=	389.152

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	42.508	+	366.497
=	409.005

Future World Holdings'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 * -19.15	/	( (414.739	+	409.005)	/ 2 )
=	-1 * -19.15	/	411.872
=	4.65 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	42.2	+	372.539
=	414.739

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	42.508	+	366.497
=	409.005

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.

Future World Holdings (HKSE:00572) Effective Interest Rate on Debt % Explanation

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

Future World Holdings Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Future World Holdings's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Future World Holdings (HKSE:00572) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Future World Holdings Ltd (HKSE:00572) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Harbour Road, Room 2601-2604 and 2637-2640, 26th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG

Website

https://www.fw-holdings.com

Future World Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the businesses of High technology business; Property investment; Provision of financing services; Securities trading and investment and Trading business and related service. Majority of revenue is derived from Provision of financing services segment. The group's operations are located in Hong Kong and the PRC, of which key revenue is derived from Hong Kong.

Executives

Lai Long Wai	2201 Interest of corporation controlled by you
China Clean Energy Technology Limited	2101 Beneficial owner
Chu Mo Kwan	2101 Beneficial owner
Zhao Zhiqiang	2101 Beneficial owner
Fang Wen Wen
Chu Mo Kwan
Yip Chun Tat	2101 Beneficial owner
Yang Xuanzi	2101 Beneficial owner
Tan Jinkang	2101 Beneficial owner
Liu Mingzhong	2101 Beneficial owner
East Jumbo Development Limited	2501 Other
Or Den Fung Bonnie	2401 A concert party to an agreement to buy shares
Hrg Robotics International Limited
Ha Gong Da Ji Qi Ren Ji Tuan Shang Hai Ke Ji Fu Wu You Xian Gong Si
Ha Gong Da Ji Qi Ren Ji Tuan Gu Fen You Xian Gong Si

Future World Holdings (HKSE:00572) Headlines

No Headlines