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ICT Zone Asia Bhd (XKLS:03038P.PFD) Effective Interest Rate on Debt % : 5.69% (As of Jan. 2025)


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What is ICT Zone Asia 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. ICT Zone Asia Bhd's annualized positive value of Interest Expense for the quarter that ended in Jan. 2025 was RM6.36 Mil. ICT Zone Asia Bhd's average total debt for the quarter that ended in Jan. 2025 was RM111.94 Mil. Therefore, ICT Zone Asia Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2025 was 5.69%.


ICT Zone Asia Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for ICT Zone Asia 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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ICT Zone Asia Bhd Effective Interest Rate on Debt % Chart

ICT Zone Asia Bhd Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 10.65 5.88 5.55 5.53 5.71

ICT Zone Asia Bhd Semi-Annual Data
Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
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 7.06 4.77 6.41 5.40 5.69

Competitive Comparison of ICT Zone Asia Bhd's Effective Interest Rate on Debt %

For the Information Technology Services subindustry, ICT Zone Asia 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.


ICT Zone Asia Bhd's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, ICT Zone Asia Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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


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ICT Zone Asia Bhd Effective Interest Rate on Debt % Calculation

ICT Zone Asia Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2024 )+Total Debt  (A: Jan. 2025 ))/ count )
=-1  *  -5.975/( (96.596+112.869)/ 2 )
=-1  *  -5.975/104.7325
=5.71 %

where

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=60.307 + 36.289
=96.596

Total Debt  (A: Jan. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=57.069 + 55.8
=112.869

ICT Zone Asia Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jul. 2024 )+Total Debt  (Q: Jan. 2025 ))/ count )
=-1  *  -6.364/( (111.015+112.869)/ 2 )
=-1  *  -6.364/111.942
=5.69 %

where

Total Debt  (Q: Jul. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=80.114 + 30.901
=111.015

Total Debt  (Q: Jan. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=57.069 + 55.8
=112.869

* 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 (Jan. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


ICT Zone Asia Bhd  (XKLS:03038P.PFD) Effective Interest Rate on Debt % Explanation

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


ICT Zone Asia Bhd Effective Interest Rate on Debt % Related Terms

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ICT Zone Asia Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Ampang Putra, Ground Floor, Block H, Excella Business Park, Wilayah Persekutuan, Ampang, Kuala Lumpur, SGR, MYS, 55100
ICT Zone Asia Bhd is an investment holding company. The company operates in the following segments: Technology financing, which involves technology financing involves operating lease of ICT hardware and software; Trading includes outright sales of ICT hardware and software and disposal of ICT assets; Service segment includes the provision of ICT services that comprise of corrective and preventative maintenance; and Cloud solution and service segment includes the provision of customized cloud services with architecture solution and outright sales of ICT hardware and software for cloud solution.

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