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Hutchison Telecommunications Hong Kong Holdings Lt (Hutchison Telecommunications Hong Kong Holdings Lt) Effective Interest Rate on Debt % : 14.71% (As of Dec. 2023)


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What is Hutchison Telecommunications Hong Kong Holdings Lt 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. Hutchison Telecommunications Hong Kong Holdings Lt's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $9.5 Mil. Hutchison Telecommunications Hong Kong Holdings Lt's average total debt for the quarter that ended in Dec. 2023 was $64.4 Mil. Therefore, Hutchison Telecommunications Hong Kong Holdings Lt's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 14.71%.


Hutchison Telecommunications Hong Kong Holdings Lt Effective Interest Rate on Debt % Historical Data

The historical data trend for Hutchison Telecommunications Hong Kong Holdings Lt'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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Hutchison Telecommunications Hong Kong Holdings Lt Effective Interest Rate on Debt % Chart

Hutchison Telecommunications Hong Kong Holdings Lt 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 5.36 6.32 9.32 15.59 15.12

Hutchison Telecommunications Hong Kong Holdings Lt 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 11.23 15.01 15.35 13.81 14.71

Competitive Comparison of Hutchison Telecommunications Hong Kong Holdings Lt's Effective Interest Rate on Debt %

For the Telecom Services subindustry, Hutchison Telecommunications Hong Kong Holdings Lt'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.


Hutchison Telecommunications Hong Kong Holdings Lt's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hutchison Telecommunications Hong Kong Holdings Lt's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Hutchison Telecommunications Hong Kong Holdings Lt's Effective Interest Rate on Debt % falls into.



Hutchison Telecommunications Hong Kong Holdings Lt Effective Interest Rate on Debt % Calculation

Hutchison Telecommunications Hong Kong Holdings Lt'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  *  -9.091/( (58.571+61.718)/ 2 )
=-1  *  -9.091/60.1445
=15.12 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.395 + 39.176
=58.571

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=21.768 + 39.95
=61.718

Hutchison Telecommunications Hong Kong Holdings Lt'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  *  -9.476/( (67.152+61.718)/ 2 )
=-1  *  -9.476/64.435
=14.71 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26.81 + 40.342
=67.152

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=21.768 + 39.95
=61.718

* 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.


Hutchison Telecommunications Hong Kong Holdings Lt  (OTCPK:HTHKY) Effective Interest Rate on Debt % Explanation

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


Hutchison Telecommunications Hong Kong Holdings Lt Effective Interest Rate on Debt % Related Terms

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Hutchison Telecommunications Hong Kong Holdings Lt (Hutchison Telecommunications Hong Kong Holdings Lt) Business Description

Traded in Other Exchanges
Address
2 Queen’s Road Central, 48th Floor, Cheung Kong Center, Hong Kong, HKG
Hutchison Telecommunications Hong Kong Holdings Ltd is an investment holding company. It operates in a single segment of the mobile telecommunications business in Hong Kong and Macau. The company offers a wide range of mobile telecommunications services and products with an increasing focus on data-centric services that converge with Internet and PC services. It provides mobile communications services such as local voice, SMS, MMS, IDD, and international roaming, as well as data services and applications including direct carrier billing offerings, mobile device security management, eBooks, music downloads, movies-on-demand, mobile social networking applications, and FinTech.