Artroniq Bhd (XKLS:0038) Effective Interest Rate on Debt % : 7.23% (As of Dec. 2023)

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What is Artroniq 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. Artroniq Bhd's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was RM0.43 Mil. Artroniq Bhd's average total debt for the quarter that ended in Dec. 2023 was RM5.92 Mil. Therefore, Artroniq Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.23%.

Artroniq Bhd Effective Interest Rate on Debt % Historical Data

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

Artroniq Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Effective Interest Rate on Debt %

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4.79

4.83

5.36

2.67

29.90

Artroniq Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.46	27.98	5.44	5.66	7.23

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

For the Electronics & Computer Distribution subindustry, Artroniq 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.

Artroniq Bhd's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Artroniq Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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

Artroniq Bhd Effective Interest Rate on Debt % Calculation

Artroniq 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 * -0.151	/	( (0.673	+	0.337)	/ 2 )
=	-1 * -0.151	/	0.505
=	29.90 %

where

	Total Debt (A: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.336	+	0.337
=	0.673

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.189	+	0.148
=	0.337

Artroniq 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 * -0.428	/	( (5.766	+	6.072)	/ 2 )
=	-1 * -0.428	/	5.919
=	7.23 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.329	+	2.437
=	5.766

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.353	+	2.719
=	6.072

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.

Artroniq Bhd (XKLS:0038) Effective Interest Rate on Debt % Explanation

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

Artroniq Bhd Effective Interest Rate on Debt % Related Terms

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Artroniq Bhd (XKLS:0038) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Artroniq Bhd (XKLS:0038) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

No. 12, Jalan Pelukis U1/46B, Kawasan Perindustrian Temasya 18, Glenmarie, Shah Alam, SGR, MYS, 40150

Website

https://www.artroniq.com

Artroniq Bhd is an investment holding company. It operates in five segments: Trading of information and communication technology ('ICT') products; ICT-related services; Finance and investment consultation services; Management services; and Semiconductor. It generates maximum revenue from Trading of ICT products. The company operates in Malaysia, Asia, the Middle East, America, and others.

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