Chi Ho Development Holdings (HKSE:08423) Effective Interest Rate on Debt % : 3.03% (As of Sep. 2023)

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What is Chi Ho Development 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. Chi Ho Development Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$2.8 Mil. Chi Ho Development Holdings's average total debt for the quarter that ended in Sep. 2023 was HK$92.7 Mil. Therefore, Chi Ho Development Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 3.03%.

Chi Ho Development Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Chi Ho Development 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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Chi Ho Development Holdings Effective Interest Rate on Debt % Chart

Chi Ho Development Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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3.90

4.84

4.03

3.53

4.28

Chi Ho Development Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															8.06	5.49	2.65	5.71	3.03

Competitive Comparison of Chi Ho Development Holdings's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Chi Ho Development 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.

Chi Ho Development Holdings's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chi Ho Development Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Chi Ho Development Holdings's Effective Interest Rate on Debt % falls into.

Chi Ho Development Holdings Effective Interest Rate on Debt % Calculation

Chi Ho Development 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 * -4.004	/	( (93.652	+	93.294)	/ 2 )
=	-1 * -4.004	/	93.473
=	4.28 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.57	+	90.082
=	93.652

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.26	+	91.034
=	93.294

Chi Ho Development 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: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -2.808	/	( (0	+	92.733)	/ 1 )
=	-1 * -2.808	/	92.733
=	3.03 %

where

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

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.143	+	90.59
=	92.733

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

Chi Ho Development Holdings (HKSE:08423) Effective Interest Rate on Debt % Explanation

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

Chi Ho Development Holdings Effective Interest Rate on Debt % Related Terms

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Chi Ho Development Holdings (HKSE:08423) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chi Ho Development Holdings Ltd (HKSE:08423) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

77–81 Container Port Road, Units 901, 902 and 908, 9/F, Magnet Place Tower 1, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.chdev.com.hk

Chi Ho Development Holdings Ltd is an investment holding company. Its operating segments include Building renovation and construction which includes renovation and maintenance works, alteration and addition works and fitting-out works, and site formation and geotechnical works in Hong Kong. and Property which includes property investment in Hong Kong. The group's revenue is generated from Hong Kong.

Executives

Diamondfield Holdings Limited	2401 A concert party to an agreement to buy shares
Sharp Talent Holdings Limited	2101 Beneficial owner
Ho Chi Kwan	2401 A concert party to an agreement to buy shares
Leung Ka Ho, Raymond	2201 Interest of corporation controlled by you

Chi Ho Development Holdings (HKSE:08423) Headlines

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