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Genting Malaysia Bhd (Genting Malaysia Bhd) Effective Interest Rate on Debt % : 5.60% (As of Dec. 2023)


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What is Genting Malaysia Bhd 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. Genting Malaysia Bhd's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $158 Mil. Genting Malaysia Bhd's average total debt for the quarter that ended in Dec. 2023 was $2,826 Mil. Therefore, Genting Malaysia Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.60%.


Genting Malaysia Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for Genting Malaysia Bhd'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.

Genting Malaysia Bhd Effective Interest Rate on Debt % Chart

Genting Malaysia Bhd 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 3.04 2.97 2.64 3.83 4.50

Genting Malaysia Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.39 4.11 4.21 4.18 5.60

Competitive Comparison of Genting Malaysia Bhd's Effective Interest Rate on Debt %

For the Resorts & Casinos subindustry, Genting Malaysia Bhd'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.


Genting Malaysia Bhd's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Genting Malaysia Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Genting Malaysia Bhd's Effective Interest Rate on Debt % falls into.



Genting Malaysia Bhd Effective Interest Rate on Debt % Calculation

Genting Malaysia Bhd'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  *  -128.703/( (2925.501+2791.177)/ 2 )
=-1  *  -128.703/2858.339
=4.50 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2704.66 + 220.841
=2925.501

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2740.683 + 50.494
=2791.177

Genting Malaysia Bhd'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -158.148/( (2859.91+2791.177)/ 2 )
=-1  *  -158.148/2825.5435
=5.60 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2763.465 + 96.445
=2859.91

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2740.683 + 50.494
=2791.177

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


Genting Malaysia Bhd  (OTCPK:GMALY) Effective Interest Rate on Debt % Explanation

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


Genting Malaysia Bhd Effective Interest Rate on Debt % Related Terms

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Genting Malaysia Bhd (Genting Malaysia Bhd) Business Description

Traded in Other Exchanges
Address
Wisma Genting, Jalan Sultan Ismail, 23rd Floor, Kuala Lumpur, MYS, 50250
Genting Malaysia Bhd is a resort and casino company and is a subsidiary of the holdings company Genting. The company has two primary business segments: Leisure & Hospitality and Properties. The Leisure & Hospitality segment operates numerous resorts, many of which include casinos, theme parks, concerts, restaurants, and retail shopping locations. The flagship resort operates five hotels, an amusement park, and entertainment venues. The Properties segment controls and leases real estate. The company generates the vast majority of its revenue in Malaysia.

Genting Malaysia Bhd (Genting Malaysia Bhd) Headlines

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