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MESB Bhd (XKLS:7234) Effective Interest Rate on Debt % : 7.65% (As of Mar. 2024)


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What is MESB 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. MESB Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was RM0.6 Mil. MESB Bhd's average total debt for the quarter that ended in Mar. 2024 was RM7.3 Mil. Therefore, MESB Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.65%.


MESB Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for MESB 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.

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MESB Bhd Effective Interest Rate on Debt % Chart

MESB Bhd Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.43 6.92 5.43 4.06 3.85

MESB Bhd Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.83 11.94 6.14 7.00 7.65

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

For the Apparel Retail subindustry, MESB 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.


MESB Bhd's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MESB Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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



MESB Bhd Effective Interest Rate on Debt % Calculation

MESB Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -0.409/( (13.83+7.413)/ 2 )
=-1  *  -0.409/10.6215
=3.85 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.819 + 13.011
=13.83

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.781 + 6.632
=7.413

MESB Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -0.56/( (7.228+7.407)/ 2 )
=-1  *  -0.56/7.3175
=7.65 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.475 + 5.753
=7.228

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.269 + 6.138
=7.407

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


MESB Bhd  (XKLS:7234) Effective Interest Rate on Debt % Explanation

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


MESB Bhd Effective Interest Rate on Debt % Related Terms

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MESB Bhd (XKLS:7234) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Lot 1903A, 1st Floor, Jalan KPB7, Kawasan Perindustrian Kg. Baru Balakong, Seri Kembangan, SGR, MYS, 43300
MESB Bhd is an investment holding company. The company segment includes Retailing; Investment holding and Waste recycling. It generates maximum revenue from the Retailing segment. The retailing segment is involved in the trading and retailing of leather products, apparel, and accessories. The investment holding segment is involved in investment holding, and the Waste recycling segment is involved in the waste recycling business.

MESB Bhd (XKLS:7234) Headlines

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