REDtone Digital Bhd (XKLS:0032) Effective Interest Rate on Debt % : 22.00% (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is REDtone Digital 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. REDtone Digital Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was RM2.2 Mil. REDtone Digital Bhd's average total debt for the quarter that ended in Mar. 2024 was RM9.8 Mil. Therefore, REDtone Digital Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 22.00%.

REDtone Digital Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for REDtone Digital 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.

* Premium members only.

REDtone Digital Bhd Effective Interest Rate on Debt % Chart

REDtone Digital Bhd Annual Data

Trend

May12

May13

May14

May15

Apr17

Apr18

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

11.13

14.51

8.56

14.53

79.53

REDtone Digital Bhd Quarterly Data
	Jan19	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															6.13	255.13	78.52	62.59	22.00

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

For the Telecom Services subindustry, REDtone Digital 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.

REDtone Digital Bhd's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, REDtone Digital Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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

REDtone Digital Bhd Effective Interest Rate on Debt % Calculation

REDtone Digital 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 * -3.556	/	( (4.954	+	3.989)	/ 2 )
=	-1 * -3.556	/	4.4715
=	79.53 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.289	+	2.665
=	4.954

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.659	+	1.33
=	3.989

REDtone Digital 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 * -2.152	/	( (6.684	+	12.881)	/ 2 )
=	-1 * -2.152	/	9.7825
=	22.00 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.431	+	1.253
=	6.684

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.395	+	5.486
=	12.881

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.

REDtone Digital Bhd (XKLS:0032) Effective Interest Rate on Debt % Explanation

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

REDtone Digital Bhd Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of REDtone Digital Bhd's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

REDtone Digital Bhd (XKLS:0032) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » REDtone Digital Bhd (XKLS:0032) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

IOI Business Park, Suite 22-30, 5th Floor, Puchong, SGR, MYS, 47100

Website

https://www.redtone.com

REDtone Digital Bhd formerly REDtone International Bhd is a digital infrastructure and services provider that offers services under three categories that are Telecommunications Services which offers data and voice services to government, enterprises, and small and medium enterprises (SMEs), Managed Telecommunications Network Services (MTNS) which includes building, maintaining and operating large scale WiFi hotspots, radio access network (RAN) infrastructure and fibre optic infrastructure, and Industry Digital Services (IDS) which includes data centre services, internet of things (IoT) services, cloud services and applications, and healthcare solutions to enterprises, government and the healthcare industry.

REDtone Digital Bhd (XKLS:0032) Headlines

No Headlines