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Regina Miracle International (Holdings) (HKSE:02199) Effective Interest Rate on Debt % : 7.44% (As of Sep. 2023)


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What is Regina Miracle International (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. Regina Miracle International (Holdings)'s annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$309 Mil. Regina Miracle International (Holdings)'s average total debt for the quarter that ended in Sep. 2023 was HK$4,156 Mil. Therefore, Regina Miracle International (Holdings)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 7.44%.


Regina Miracle International (Holdings) Effective Interest Rate on Debt % Historical Data

The historical data trend for Regina Miracle International (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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Regina Miracle International (Holdings) Effective Interest Rate on Debt % Chart

Regina Miracle International (Holdings) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 3.49 4.81 2.99 3.34 6.88

Regina Miracle International (Holdings) Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.88 3.85 6.78 7.07 7.44

Competitive Comparison of Regina Miracle International (Holdings)'s Effective Interest Rate on Debt %

For the Apparel Manufacturing subindustry, Regina Miracle International (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.


Regina Miracle International (Holdings)'s Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Regina Miracle International (Holdings)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Regina Miracle International (Holdings)'s Effective Interest Rate on Debt % falls into.



Regina Miracle International (Holdings) Effective Interest Rate on Debt % Calculation

Regina Miracle International (Holdings)'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  *  -293.532/( (4411.065+4118.983)/ 2 )
=-1  *  -293.532/4265.024
=6.88 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3488.254 + 922.811
=4411.065

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3737.801 + 381.182
=4118.983

Regina Miracle International (Holdings)'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  *  -309.432/( (4118.983+4193.641)/ 2 )
=-1  *  -309.432/4156.312
=7.44 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3737.801 + 381.182
=4118.983

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3785.871 + 407.77
=4193.641

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


Regina Miracle International (Holdings)  (HKSE:02199) Effective Interest Rate on Debt % Explanation

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


Regina Miracle International (Holdings) Effective Interest Rate on Debt % Related Terms

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Regina Miracle International (Holdings) (HKSE:02199) Business Description

Traded in Other Exchanges
Address
63 Wo Yi Hop Road, 10th Floor, Tower A, Regent Centre, Kwai Chung, Hong Kong, HKG
Regina Miracle International (Holdings) Ltd is an investment holding company. The company's operating segment includes Intimate wear; Sports products; Consumer electronics components; Bra pads and molded products; Footwear and Fabric masks. The company generates maximum revenue from the Intimate wear segment which is engaged in the manufacturing and trading of bras, bra tops, panties, shapewear, and swimwear. Geographically, the company derives a majority of its revenue from the United States.
Executives
Regent Marvel Investment Holdings Limited 2101 Beneficial owner
Choy King Ngor 2202 Interest of your spouse
Hung Yau Lit 2201 Interest of corporation controlled by you
King Terrace Limited 2101 Beneficial owner
Hui Ching Lau 2201 Interest of corporation controlled by you
Yiheng Capital, Llc

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