Careplus Group Bhd (XKLS:0163) Effective Interest Rate on Debt % : 4.91% (As of Dec. 2023)

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Careplus Group Bhd Effective Interest Rate on Debt % Definition

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. Careplus Group Bhd's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was RM2.09 Mil. Careplus Group Bhd's average total debt for the quarter that ended in Dec. 2023 was RM42.54 Mil. Therefore, Careplus Group Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.91%.

Careplus Group Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for Careplus Group 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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Careplus Group Bhd Effective Interest Rate on Debt % Chart

Careplus Group Bhd Annual Data

Trend

Jan11

Jan12

Jan13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Effective Interest Rate on Debt %

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4.93

4.70

5.11

5.29

6.15

Careplus Group Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.87	5.84	4.65	5.39	4.91

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

For the Medical Instruments & Supplies subindustry, Careplus Group 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.

Careplus Group Bhd Effective Interest Rate on Debt % Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Careplus Group Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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

Careplus Group Bhd Effective Interest Rate on Debt % Calculation

Careplus Group Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2019 )	+	Total Debt (A: Dec. 2020 ))	/ count )
=	-1 * -3.63	/	( (87.147	+	30.94)	/ 2 )
=	-1 * -3.63	/	59.0435
=	6.15 %

where

	Total Debt (A: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18.43	+	68.717
=	87.147

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.085	+	23.855
=	30.94

Careplus Group 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 * -2.088	/	( (43.538	+	41.537)	/ 2 )
=	-1 * -2.088	/	42.5375
=	4.91 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	33.745	+	9.793
=	43.538

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	31.266	+	10.271
=	41.537

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.

Careplus Group Bhd (XKLS:0163) Effective Interest Rate on Debt % Explanation

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

Careplus Group Bhd Effective Interest Rate on Debt % Related Terms

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Careplus Group Bhd (XKLS:0163) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Careplus Group Bhd (XKLS:0163) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Lot 17479, Lorong Senawang 3/2, Off Jalan Senawang 3, Senawang Industrial Estate, Seremban, NSN, MYS, 70450

Website

https://www.careplus.com

Careplus Group Bhd is involved in the manufacturing, processing, and trading of gloves. The company's product consists of Latex exam gloves, Latex surgical gloves and Nitrile exam gloves. Its Latex exam gloves are used in the medical examinations and procedures, diagnostic procedures by the dentist, laboratory practices and for food handling practices. The Nitrile exam gloves are generally used in laboratory practices and the automotive industry. Geographically, it has operations in Central, North and South America, Malaysia, and the other Asia Pacific regions. It generates a vast majority of revenues from Other Asia Pacific and South America.

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