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Public Financial Holdings (HKSE:00626) Effective Interest Rate on Debt % : 61.37% (As of Dec. 2023)


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What is Public Financial 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. Public Financial Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$1,021 Mil. Public Financial Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$1,663 Mil. Therefore, Public Financial Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 61.37%.


Public Financial Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Public Financial 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.

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Public Financial Holdings Effective Interest Rate on Debt % Chart

Public Financial 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 Premium Member Only Premium Member Only 38.18 24.95 9.84 20.71 56.57

Public Financial 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 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 9.08 10.42 31.18 54.07 61.37

Competitive Comparison of Public Financial Holdings's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Public Financial 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.


Public Financial Holdings's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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



Public Financial Holdings Effective Interest Rate on Debt % Calculation

Public Financial 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  *  -953.715/( (1662.832+1709.1)/ 2 )
=-1  *  -953.715/1685.966
=56.57 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1662.832 + 0
=1662.832

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1709.1 + 0
=1709.1

Public Financial 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  *  -1020.714/( (1617.123+1709.1)/ 2 )
=-1  *  -1020.714/1663.1115
=61.37 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1617.123 + 0
=1617.123

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1709.1 + 0
=1709.1

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


Public Financial Holdings  (HKSE:00626) Effective Interest Rate on Debt % Explanation

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


Public Financial Holdings Effective Interest Rate on Debt % Related Terms

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Public Financial Holdings (HKSE:00626) Business Description

Traded in Other Exchanges
N/A
Address
120 Des Voeux Road Central, 2nd Floor, Public Bank Centre, Hong Kong, HKG
Public Financial Holdings Ltd is a Hong Kong-based investment and property holding company. It provides financial services. The Company operates through three segments. Retail and Commercial Banking segment includes deposit account services, property mortgages, and consumer lending, hire purchase and leasing, financing services, foreign exchange businesses, centralized cash management for deposit-taking and lending, interest rate risk management, and the overall funding management of the company. Wealth Management Services, Stock Broking and Securities Management segment includes the management of investment in debt securities and equities, the dealing and brokerage of securities, as well as wealth management products and services. Other segment includes trading and leasing taxis.
Executives
Teh Hong Piow

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