Alibaba Pictures Group (HKSE:01060) Effective Interest Rate on Debt % : 4.23% (As of Sep. 2023)

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What is Alibaba Pictures Group 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. Alibaba Pictures Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$5 Mil. Alibaba Pictures Group's average total debt for the quarter that ended in Sep. 2023 was HK$129 Mil. Therefore, Alibaba Pictures Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 4.23%.

Alibaba Pictures Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Alibaba Pictures Group'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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Alibaba Pictures Group Effective Interest Rate on Debt % Chart

Alibaba Pictures Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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4.90

7.14

3.83

5.15

4.98

Alibaba Pictures Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.23	5.00	4.82	5.51	4.23

Competitive Comparison of Alibaba Pictures Group's Effective Interest Rate on Debt %

For the Entertainment subindustry, Alibaba Pictures Group'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.

Alibaba Pictures Group's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Alibaba Pictures Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Alibaba Pictures Group's Effective Interest Rate on Debt % falls into.

Alibaba Pictures Group Effective Interest Rate on Debt % Calculation

Alibaba Pictures Group'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 * -9.571	/	( (218.541	+	166.028)	/ 2 )
=	-1 * -9.571	/	192.2845
=	4.98 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	169.204	+	49.337
=	218.541

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	135.046	+	30.982
=	166.028

Alibaba Pictures Group'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 * -5.442	/	( (166.028	+	91.48)	/ 2 )
=	-1 * -5.442	/	128.754
=	4.23 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	135.046	+	30.982
=	166.028

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	77.005	+	14.475
=	91.48

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.

Alibaba Pictures Group (HKSE:01060) Effective Interest Rate on Debt % Explanation

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

Alibaba Pictures Group Effective Interest Rate on Debt % Related Terms

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Alibaba Pictures Group (HKSE:01060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Alibaba Pictures Group Ltd (HKSE:01060) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

CBW:Germany

Address

1 Matheson Street, 26th Floor, Tower One, Times Square, Causeway Bay, Hong Kong, HKG

Website

http://www.alibabapictures.com

Alibaba Pictures Group Ltd a subsidiary of the Alibaba Group, is a diversified media company headquartered in China that operates in the entertainment industry. The company has three business segments: Technology, Content production, and IP merchandising and commercialization. The Technology segment provides Internet-based ticketing services to consumers and offers Internet-based promotion and distribution services to cinemas. The integrated development unit develops, licenses, and merchandises intellectual property. The content production business engages in planning, developing, and producing films and TV drama series. The Content segment generates most of the company's revenue.

Executives

Bian Ximing	2101 Beneficial owner
Ali Cv Investment Holding Limited
Alibaba Group Holding Limited
Alibaba Investment Limited
Yang Minghua	2101 Beneficial owner

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