MISC Bhd (XKLS:3816) Effective Interest Rate on Debt % : 3.45% (As of Dec. 2023)

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What is MISC 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. MISC Bhd's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was RM615 Mil. MISC Bhd's average total debt for the quarter that ended in Dec. 2023 was RM17,839 Mil. Therefore, MISC Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.45%.

MISC Bhd Effective Interest Rate on Debt % Historical Data

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

MISC Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.70

2.61

2.56

3.27

3.92

MISC 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															2.03	3.94	3.92	4.12	3.45

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

For the Marine Shipping subindustry, MISC 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.

MISC Bhd's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MISC Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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

MISC Bhd Effective Interest Rate on Debt % Calculation

MISC 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 * -693.32	/	( (17861.518	+	17544.981)	/ 2 )
=	-1 * -693.32	/	17703.2495
=	3.92 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14256.059	+	3605.459
=	17861.518

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15825.601	+	1719.38
=	17544.981

MISC 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 * -614.88	/	( (18132.9	+	17544.981)	/ 2 )
=	-1 * -614.88	/	17838.9405
=	3.45 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16127.8	+	2005.1
=	18132.9

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15825.601	+	1719.38
=	17544.981

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.

MISC Bhd (XKLS:3816) Effective Interest Rate on Debt % Explanation

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

MISC Bhd Effective Interest Rate on Debt % Related Terms

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MISC Bhd (XKLS:3816) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MISC Bhd (XKLS:3816) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

MIHDF:USA

Address

Jalan Sultan Hishamuddin, Level 25, Menara Dayabumi, Kuala Lumpur, SGR, MYS, 50050

Website

https://www.misc.com.my

MISC Bhd is a maritime logistics company domiciled in Malaysia. The company organizes itself into five segments; Gas Assets & Solutions segment includes the provision of liquefied natural gas (LNG) carrier services and non-conventional gas asset solutions, Petroleum & Product Shipping segment includes the provision of petroleum tanker and chemical tanker services, Offshore Business segment owns, lease, operation, and maintenance of offshore, floating, production, and offloading terminals, Marine & Heavy Engineering segment include marine repair, marine conversion, and engineering and construction works, and Others segment includes integrated marine services, port & terminal services, maritime education & training, and other diversified businesses.

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