Radiant Globaltech Bhd (XKLS:0202) Effective Interest Rate on Debt % : 6.25% (As of Jun. 2024)

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What is Radiant Globaltech 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. Radiant Globaltech Bhd's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was RM0.1 Mil. Radiant Globaltech Bhd's average total debt for the quarter that ended in Jun. 2024 was RM1.6 Mil. Therefore, Radiant Globaltech Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 6.25%.

Radiant Globaltech Bhd Effective Interest Rate on Debt % Historical Data

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

Radiant Globaltech Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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7.95

6.06

6.64

8.09

8.00

Radiant Globaltech Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.67	20.66	8.21	7.27	6.25

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

For the Electronics & Computer Distribution subindustry, Radiant Globaltech 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.

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

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

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

Radiant Globaltech Bhd Effective Interest Rate on Debt % Calculation

Radiant Globaltech Bhd'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 * -0.103	/	( (0.763	+	1.812)	/ 2 )
=	-1 * -0.103	/	1.2875
=	8.00 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.391	+	0.372
=	0.763

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.157	+	0.655
=	1.812

Radiant Globaltech Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -0.1	/	( (1.711	+	1.488)	/ 2 )
=	-1 * -0.1	/	1.5995
=	6.25 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.334	+	0.377
=	1.711

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.924	+	0.564
=	1.488

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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Radiant Globaltech Bhd (XKLS:0202) Effective Interest Rate on Debt % Explanation

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

Radiant Globaltech Bhd Effective Interest Rate on Debt % Related Terms

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Radiant Globaltech Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Radiant Globaltech Bhd (XKLS:0202) » Definitions » Effective Interest Rate on Debt %

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Address

No. 8, Jalan Kerinchi, Vertical Business Suite, Bangsar South, Avenue 3, Unit 03-06 and 03-07, Level 3, Tower B, Kuala Lumpur, MYS, 59200

Website

https://www.rgtech.com.my

Radiant Globaltech Bhd is engaged in providing retail technology solutions including retail hardware, retail software, as well as maintenance and technical support services. It also offers a full range of retail technology solutions to its customers. The operating segments of the company are Hardware and Maintenance which is involved in the marketing, sale and installation of hardware for the retail industry and provide on-going maintenance for the hardware and software products and solutions, and Software which is involved in design, development, marketing, sales, and enhancement, customisation and implementation of third party software and in-house software. The group derives prime revenue from Malaysia.

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