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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. Asiafin Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $0.00 Mil. Asiafin Holdings's average total debt for the quarter that ended in Dec. 2024 was $0.72 Mil. Therefore, Asiafin Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 0.00%.
The historical data trend for Asiafin 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.
Asiafin Holdings Annual Data | |||||||||||
Trend | Aug20 | Aug21 | Dec22 | Dec23 | Dec24 | ||||||
Effective Interest Rate on Debt % | - | - | - | - | - |
Asiafin Holdings Quarterly Data | ||||||||||||||||||||
Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Effective Interest Rate on Debt % | Get a 7-Day Free Trial |
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For the Information Technology Services subindustry, Asiafin 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.
For the Software industry and Technology sector, Asiafin Holdings's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Asiafin Holdings's Effective Interest Rate on Debt % falls into.
Asiafin Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (A: Dec. 2023 ) | + | Total Debt (A: Dec. 2024 )) | / count ) |
= | -1 * 0 | / | ( (0.866 | + | 0.762) | / 2 ) |
= | -1 * 0 | / | 0.814 | |||
= | 0.00 % |
where
Total Debt (A: Dec. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 0.591 | + | 0.275 |
= | 0.866 |
Total Debt (A: Dec. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 0.551 | + | 0.211 |
= | 0.762 |
Asiafin Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (Q: Sep. 2024 ) | + | Total Debt (Q: Dec. 2024 )) | / count ) |
= | -1 * 0 | / | ( (0.684 | + | 0.762) | / 2 ) |
= | -1 * 0 | / | 0.723 | |||
= | 0.00 % |
where
Total Debt (Q: Sep. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 0.615 | + | 0.069 |
= | 0.684 |
Total Debt (Q: Dec. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 0.551 | + | 0.211 |
= | 0.762 |
* 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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Asiafin Holdings (OTCPK:ASFH) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Thank you for viewing the detailed overview of Asiafin Holdings's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Hui Yin Cham | officer: Principal Financial Officer | ZF-7 LE JARDINE CONDO, JALAN PANDAN INDAH 26, KUALA LUMPUR N8 55100 |
Seatech Ventures Corp. | 10 percent owner | 11-05&11-06, TOWER A,, AVE 3 VERTICAL BUSINESS SUITE,, BANGSAR SOUTH, KUALA LUMPUR N8 59200 |
Kai Cheong Wong | director, officer: CEO | NO.31, JALAN SL 3/3, BANDAR SUNGAI LONG, KAJANG N8 43000 |
Swee Ping Hoo | 10 percent owner | 20, JALAN SERING 7,, TAMAN SUNGAI SERING, BATU 9,, CHERAS N8 43200 |
See Unicorn Ventures Sdn Bhd | 10 percent owner | 11-05, TOWER A, AVE 3,, VERTICAL BUSINESS SUITE, JALAN KERINCHI, BANGSAR SOUTH N8 59200 |
Kok Wah Seah | director | B-13-3, PAPILLON DESA HILL, JALAN MORIB, TAMAN DESA, KUALA LUMPUR N8 58100 |
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