GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tristate Holdings Ltd (HKSE:00458) » Definitions » Effective Interest Rate on Debt %

Tristate Holdings (HKSE:00458) Effective Interest Rate on Debt % : 20.29% (As of Jun. 2024)


View and export this data going back to 1988. Start your Free Trial

What is Tristate 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. Tristate Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was HK$61 Mil. Tristate Holdings's average total debt for the quarter that ended in Jun. 2024 was HK$300 Mil. Therefore, Tristate Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 20.29%.


Tristate Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Tristate 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.

* Premium members only.

Tristate Holdings Effective Interest Rate on Debt % Chart

Tristate Holdings 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 19.32 11.97 11.89 20.83 21.05

Tristate Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 18.52 19.08 20.42 21.46 20.29

Competitive Comparison of Tristate Holdings's Effective Interest Rate on Debt %

For the Apparel Manufacturing subindustry, Tristate 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.


Tristate Holdings's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Tristate Holdings Effective Interest Rate on Debt % Calculation

Tristate Holdings'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  *  -64.175/( (330.296+279.551)/ 2 )
=-1  *  -64.175/304.9235
=21.05 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=126.62 + 203.676
=330.296

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=145.196 + 134.355
=279.551

Tristate Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -60.766/( (279.551+319.491)/ 2 )
=-1  *  -60.766/299.521
=20.29 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=145.196 + 134.355
=279.551

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=132.68 + 186.811
=319.491

* 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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Tristate Holdings  (HKSE:00458) Effective Interest Rate on Debt % Explanation

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


Tristate Holdings Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Tristate Holdings's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tristate Holdings Business Description

Traded in Other Exchanges
N/A
Address
66-72 Lei Muk Road, 5th Floor, Kwai Chung, New Territories, Hong Kong, HKG
Tristate Holdings Ltd is an investment holding company engaged in the apparel business. The company's segment comprises the Garment manufacturing and Brands business. Its garment manufacturing segment includes the manufacture of the garment. The Brands business segment is involved in the distribution, retail, and trading of branded products. It derives a majority of its revenue from the revenue of the People's Republic of China and also has a presence in the United Kingdom, Italy, the United States of America, and Canada. The company generates maximum revenue from the Garment manufacturing segment.
Executives
New Perfect Global Limited 2201 Interest of corporation controlled by you
Sun Lin 2202 Interest of your spouse
Wang Kin Chung, Peter 2202 Interest of your spouse
Silver Tree Holdings Inc. 2101 Beneficial owner
Ting Daisy 2202 Interest of your spouse

Tristate Holdings Headlines

No Headlines