Advancer Global (SGX:43Q) Effective Interest Rate on Debt % : 4.05% (As of Dec. 2023)

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What is Advancer Global 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. Advancer Global's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was S$0.12 Mil. Advancer Global's average total debt for the quarter that ended in Dec. 2023 was S$2.86 Mil. Therefore, Advancer Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.05%.

Advancer Global Effective Interest Rate on Debt % Historical Data

The historical data trend for Advancer Global'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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Advancer Global Effective Interest Rate on Debt % Chart

Advancer Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.65

4.00

3.40

3.67

Advancer Global Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.96	3.62	3.41	3.63	4.05

Competitive Comparison of Advancer Global's Effective Interest Rate on Debt %

For the Staffing & Employment Services subindustry, Advancer Global'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.

Advancer Global's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Advancer Global's Effective Interest Rate on Debt % distribution charts can be found below:

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

Advancer Global Effective Interest Rate on Debt % Calculation

Advancer Global'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 * -0.112	/	( (3.16	+	2.942)	/ 2 )
=	-1 * -0.112	/	3.051
=	3.67 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.665	+	1.495
=	3.16

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.489	+	1.453
=	2.942

Advancer Global'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.116	/	( (2.784	+	2.942)	/ 2 )
=	-1 * -0.116	/	2.863
=	4.05 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.356	+	1.428
=	2.784

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.489	+	1.453
=	2.942

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

Advancer Global (SGX:43Q) Effective Interest Rate on Debt % Explanation

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

Advancer Global Effective Interest Rate on Debt % Related Terms

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Advancer Global (SGX:43Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Advancer Global Ltd (SGX:43Q) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

135 Jurong Gateway Road, Number 05-317, Singapore, SGP, 600135

Website

https://www.advancer.sg

Advancer Global Ltd is engaged in providing employment services, facilities management services, and security services. The company operates in three business segment that is Employment Services Business, which provide services for the sourcing, employment and training of FDWs to households, Building Management Services, which provides integrated building facility management services including property consultancy, property and facilities management services, property valuation, and Security Services Business, which provide manpower and technology for security solutions and services to, amongst others, commercial, industrial and residential properties. The Building Management Services Segment generates maximum revenue for the company.

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