GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Haitong Unitrust International Financial Leasing Co Ltd (HKSE:01905) » Definitions » Effective Interest Rate on Debt %

Haitong Unitrust International Financial Leasing Co (HKSE:01905) Effective Interest Rate on Debt % : 3.82% (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Haitong Unitrust International Financial Leasing 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. Haitong Unitrust International Financial Leasing Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$3,906 Mil. Haitong Unitrust International Financial Leasing Co's average total debt for the quarter that ended in Dec. 2023 was HK$102,355 Mil. Therefore, Haitong Unitrust International Financial Leasing Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.82%.


Haitong Unitrust International Financial Leasing Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Haitong Unitrust International Financial Leasing 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.

* Premium members only.

Haitong Unitrust International Financial Leasing Co Effective Interest Rate on Debt % Chart

Haitong Unitrust International Financial Leasing Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 5.13 5.18 4.52 3.90 3.94

Haitong Unitrust International Financial Leasing Co Semi-Annual Data
Dec16 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 4.46 4.15 3.94 3.91 3.82

Competitive Comparison of Haitong Unitrust International Financial Leasing Co's Effective Interest Rate on Debt %

For the Credit Services subindustry, Haitong Unitrust International Financial Leasing 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.


Haitong Unitrust International Financial Leasing Co's Effective Interest Rate on Debt % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Haitong Unitrust International Financial Leasing Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Haitong Unitrust International Financial Leasing Co's Effective Interest Rate on Debt % falls into.



Haitong Unitrust International Financial Leasing Co Effective Interest Rate on Debt % Calculation

Haitong Unitrust International Financial Leasing 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  *  -3977.136/( (102037.079+99732.044)/ 2 )
=-1  *  -3977.136/100884.5615
=3.94 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=102037.079 + 0
=102037.079

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=99732.044 + 0
=99732.044

Haitong Unitrust International Financial Leasing 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  *  -3906.346/( (104978.061+99732.044)/ 2 )
=-1  *  -3906.346/102355.0525
=3.82 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=104978.061 + 0
=104978.061

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=99732.044 + 0
=99732.044

* 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.


Haitong Unitrust International Financial Leasing Co  (HKSE:01905) Effective Interest Rate on Debt % Explanation

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


Haitong Unitrust International Financial Leasing Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Haitong Unitrust International Financial Leasing Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Haitong Unitrust International Financial Leasing Co (HKSE:01905) Business Description

Traded in Other Exchanges
Address
No. 599 South Zhongshan Road, Haitong Unitrust Tower, Huangpu District, Shanghai, CHN, 200010
Haitong Unitrust International Financial Leasing Co Ltd is engaged in providing financial leasing, operating leasing, factoring, entrusted loans, other loans, and advisory services. It also provides the purchase of leased assets from both domestic and international suppliers, residual value disposal and maintenance of leased assets, advisory services, and guarantee of lease transactions.
Executives
Haitong International Holdings Limited 2201 Interest of corporation controlled by you
Haitong Securities Co., Ltd. 2201 Interest of corporation controlled by you
Haitong Ut Capital Group Co., Limited 2101 Beneficial owner

Haitong Unitrust International Financial Leasing Co (HKSE:01905) Headlines

No Headlines