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Eduspec Holdings Bhd (XKLS:0107) Effective Interest Rate on Debt % : 4.45% (As of Nov. 2023)


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What is Eduspec Holdings 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. Eduspec Holdings Bhd's annualized positive value of Interest Expense for the quarter that ended in Nov. 2023 was RM0.42 Mil. Eduspec Holdings Bhd's average total debt for the quarter that ended in Nov. 2023 was RM9.35 Mil. Therefore, Eduspec Holdings Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 was 4.45%.


Eduspec Holdings Bhd Effective Interest Rate on Debt % Historical Data

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

Eduspec Holdings Bhd Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Feb20 Feb21 Feb22 Feb23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.13 6.18 2.99 3.29 4.54

Eduspec Holdings Bhd Quarterly Data
Dec18 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 4.17 6.01 4.42 4.33 4.45

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

For the Education & Training Services subindustry, Eduspec Holdings 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.


Eduspec Holdings Bhd's Effective Interest Rate on Debt % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Eduspec Holdings Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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



Eduspec Holdings Bhd Effective Interest Rate on Debt % Calculation

Eduspec Holdings Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Feb. 2022 )+Total Debt  (A: Feb. 2023 ))/ count )
=-1  *  -1.453/( (33.435+30.521)/ 2 )
=-1  *  -1.453/31.978
=4.54 %

where

Total Debt  (A: Feb. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.198 + 23.237
=33.435

Total Debt  (A: Feb. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.494 + 22.027
=30.521

Eduspec Holdings Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Aug. 2023 )+Total Debt  (Q: Nov. 2023 ))/ count )
=-1  *  -0.416/( (9.559+9.137)/ 2 )
=-1  *  -0.416/9.348
=4.45 %

where

Total Debt  (Q: Aug. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.576 + 1.983
=9.559

Total Debt  (Q: Nov. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.314 + 1.823
=9.137

* 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 (Nov. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Eduspec Holdings Bhd  (XKLS:0107) Effective Interest Rate on Debt % Explanation

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


Eduspec Holdings Bhd Effective Interest Rate on Debt % Related Terms

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Eduspec Holdings Bhd (XKLS:0107) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Jalan 15/22, Tiong Nam Industrial Park, Section 15, Darul Ehsan, Shah Alam, SGR, MYS, 40200
Eduspec Holdings Bhd provides consultancy, building teaching capacity, and deploying information technology systems in schools. It also offers online and learning education programs.

Eduspec Holdings Bhd (XKLS:0107) Headlines

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