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Mercury Securities Group Bhd (XKLS:0285) Effective Interest Rate on Debt % : 6.15% (As of Oct. 2023)


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What is Mercury Securities Group 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. Mercury Securities Group Bhd's annualized positive value of Interest Expense for the quarter that ended in Oct. 2023 was RM0.02 Mil. Mercury Securities Group Bhd's average total debt for the quarter that ended in Oct. 2023 was RM0.39 Mil. Therefore, Mercury Securities Group Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 was 6.15%.

Mercury Securities Group Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for Mercury Securities Group 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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Mercury Securities Group Bhd Effective Interest Rate on Debt % Chart

Mercury Securities Group Bhd Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23
Effective Interest Rate on Debt %
29.83 61.24 7.59 6.20 6.03

Mercury Securities Group Bhd Semi-Annual Data
Oct19 Oct20 Oct21 Apr22 Oct22 Apr23 Oct23
Effective Interest Rate on Debt % Get a 7-Day Free Trial - 3.88 9.88 6.24 6.15

Competitive Comparison of Mercury Securities Group Bhd's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Mercury Securities Group 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.

Mercury Securities Group Bhd's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mercury Securities Group Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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


Mercury Securities Group Bhd Effective Interest Rate on Debt % Calculation

Mercury Securities Group Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2022 )+Total Debt  (A: Oct. 2023 ))/ count )
=-1  *  -0.028/( (0.587+0.342)/ 2 )
=-1  *  -0.028/0.4645
=6.03 %

where

Total Debt  (A: Oct. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.341 + 0.246
=0.587

Total Debt  (A: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.14 + 0.202
=0.342

Mercury Securities Group Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Apr. 2023 )+Total Debt  (Q: Oct. 2023 ))/ count )
=-1  *  -0.024/( (0.438+0.342)/ 2 )
=-1  *  -0.024/0.39
=6.15 %

where

Total Debt  (Q: Apr. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.242 + 0.196
=0.438

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.14 + 0.202
=0.342

* 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 two times the semi-annual (Oct. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Mercury Securities Group Bhd  (XKLS:0285) Effective Interest Rate on Debt % Explanation

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

Mercury Securities Group Bhd Effective Interest Rate on Debt % Related Terms

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Mercury Securities Group Bhd (XKLS:0285) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Mercury Securities Group Bhd (XKLS:0285) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
XKLS:5088 XKLS:03028 XKLS:3379 XKLS:6483 XKLS:5274 MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW SHSE:601688 HKSE:03908 SHSE:601211 LPLA SHSE:600999 SHSE:600837
Traded in Other Exchanges
N/A
Address
No. 2 Jalan Solaris, L-7-2, Solaris Mont Kiara, Kuala Lumpur, MYS, 50480
Website
https://www.mercurysecurities.com.my
Mercury Securities Group Bhd is an investment holding company and through its subsidiaries, It is principally engaged in stockbroking, corporate finance advisory and other related businesses as well as the provision of nominee and custodian services. Mercury provides stockbroking services comprising execution of trades of securities listed on Bursa Securities and foreign stock exchanges mainly in Singapore, Hong Kong and the USA, as well as margin financing facility services, nominees, custodians and related services. It is also licensed by the Securities Commission Malaysia to undertake regulated corporate finance activities as a Principal or Independent Advisor.

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