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Sersol Bhd (XKLS:0055) Effective Interest Rate on Debt % : 4.63% (As of Dec. 2024)


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What is Sersol 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. Sersol Bhd's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was RM0.04 Mil. Sersol Bhd's average total debt for the quarter that ended in Dec. 2024 was RM0.78 Mil. Therefore, Sersol Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 4.63%.


Sersol Bhd Effective Interest Rate on Debt % Historical Data

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

Sersol Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.21 3.15 5.80 3.74 3.51

Sersol Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24 Dec24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.03 5.02 4.43 4.61 4.63

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

For the Specialty Chemicals subindustry, Sersol 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.


Sersol Bhd's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sersol Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Sersol Bhd Effective Interest Rate on Debt % Calculation

Sersol Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -0.003/( (0.108+0.063)/ 2 )
=-1  *  -0.003/0.0855
=3.51 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.05 + 0.058
=0.108

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.027 + 0.036
=0.063

Sersol Bhd'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  *  -0.036/( (0.812+0.743)/ 2 )
=-1  *  -0.036/0.7775
=4.63 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.533 + 0.279
=0.812

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.464 + 0.279
=0.743

* 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.


Sersol Bhd  (XKLS:0055) Effective Interest Rate on Debt % Explanation

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


Sersol Bhd Effective Interest Rate on Debt % Related Terms

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Sersol Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 28, Jalan Canggih 1, Taman Perindustrian Cemerlang, Johor Darul Takzim, Ulu Tiram, JHR, MYS, 81800
Sersol Bhd is a Malaysian company which is principally involved in the coatings business relating to buildings, furniture, electrical and electronic products. The company operates through its geographical segment namely Malaysia and Thailand. Its Malaysia segment involved in manufacturing and selling of coatings, thinners and industrial chemical, investment holding and provision of management services and trading of architectural coating and wall surface finishing material. The Thailand segment manufactures and sales of coatings, thinners and industrial chemical. It derives a majority of revenue from Malaysia.

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