Ray Go Solar Holdings Bhd (XKLS:03052) Effective Interest Rate on Debt %: 3.62% (As of Apr. 2026)

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XKLS:03052 Ray Go Solar Holdings Bhd XKLS:03052
43 GF Score
Price RM0.17
GF Value RM0.24
! 7 Warning Signs
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What is Ray Go Solar Holdings Bhd Effective Interest Rate on Debt %?

Ray Go Solar Holdings Bhd XKLS:03052 43 Effective Interest Rate on Debt % is 3.62% as of Apr. 2026. GuruFocus rates XKLS:03052 with a GF Score™ of 43/100 and a GF Value™ of RM0.24. The stock has 7 warning signs investors should review.

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. Ray Go Solar Holdings Bhd's annualized positive value of Interest Expense for the quarter that ended in Apr. 2026 was RM0.23 Mil. Ray Go Solar Holdings Bhd's average total debt for the quarter that ended in Apr. 2026 was RM6.25 Mil. Therefore, Ray Go Solar Holdings Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 was 3.62%.


Ray Go Solar Holdings Bhd  (XKLS:03052) Effective Interest Rate on Debt % Explanation

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


Ray Go Solar Holdings Bhd Effective Interest Rate on Debt % Related Terms


Ray Go Solar Holdings Bhd Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Ray Go Solar 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.

Ray Go Solar Holdings Bhd Effective Interest Rate on Debt % Chart

Ray Go Solar Holdings Bhd Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 4.51 2.21 4.34 6.09 4.74

Ray Go Solar Holdings Bhd Semi-Annual Data
Oct19 Oct20 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.85 9.23 4.91 5.32 3.62

XKLS:03052 vs FSLR, NXT, ENPH: Effective Interest Rate on Debt % Comparison

For the Solar subindustry, Ray Go Solar 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.


Ray Go Solar Holdings Bhd Effective Interest Rate on Debt % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Ray Go Solar Holdings Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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


XKLS:03052
43GF Score
Ray Go Solar Holdings Bhd XKLS:03052
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ray Go Solar Holdings Bhd Effective Interest Rate on Debt % Calculation

Ray Go Solar Holdings Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2024 )+Total Debt  (A: Oct. 2025 ))/ count )
=-1  *  -0.319/( (8.054+5.411)/ 2 )
=-1  *  -0.319/6.7325
=4.74 %

where

Total Debt  (A: Oct. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.953 + 3.101
=8.054

Total Debt  (A: Oct. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.963 + 0.448
=5.411

Ray Go Solar Holdings Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2025 )+Total Debt  (Q: Apr. 2026 ))/ count )
=-1  *  -0.226/( (5.411+7.091)/ 2 )
=-1  *  -0.226/6.251
=3.62 %

where

Total Debt  (Q: Oct. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.963 + 0.448
=5.411

Total Debt  (Q: Apr. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.277 + 0.814
=7.091

* 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 (Apr. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 3.62% mean?
Ray Go Solar Holdings Bhd (XKLS:03052) has a Effective Interest Rate on Debt % of 3.62% as of Apr. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Ray Go Solar Holdings Bhd and its competitors.
Is Ray Go Solar Holdings Bhd's Effective Interest Rate on Debt % too high?
Ray Go Solar Holdings Bhd's current Effective Interest Rate on Debt % is 3.62%. Overall, Ray Go Solar Holdings Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Ray Go Solar Holdings Bhd's Effective Interest Rate on Debt % compare to FSLR and NXT?
Ray Go Solar Holdings Bhd's Effective Interest Rate on Debt % of 3.62% can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Semiconductors company?
A good Effective Interest Rate on Debt % depends on the Semiconductors industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Ray Go Solar Holdings Bhd and its competitors. Ray Go Solar Holdings Bhd's current Effective Interest Rate on Debt % is 3.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray Go Solar Holdings Bhd stock overvalued right now?
Ray Go Solar Holdings Bhd (XKLS:03052) has a current Effective Interest Rate on Debt % of 3.62%. The stock's GF Value™ is RM0.24, compared to a current price of RM0.17 — trading 29.2% below its estimated fair value. The current Effective Interest Rate on Debt % is 3.62%. Ray Go Solar Holdings Bhd's overall GF Score™ is 43/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Ray Go Solar Holdings Bhd (XKLS:03052), the current Effective Interest Rate on Debt % is 3.62% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ray Go Solar Holdings Bhd (XKLS:03052) Overvalued in 2026?

Based on GuruFocus' analysis, Ray Go Solar Holdings Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 29.2% below its estimated GF Value™ of RM0.24.

Key valuation signals for XKLS:03052:

  • Effective Interest Rate on Debt %: 3.62%
  • GF Value™: RM0.24 vs. price of RM0.17 (29.2% below fair value)
  • GF Score™: 43/100 with 7 warning signs

No single metric tells the full story. See the XKLS:03052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ray Go Solar Holdings Bhd Business Description

Address No. 44, Jalan Serendah 26/39, Hicom Industrial Estate, Shah Alam, SGR, MYS, 40400
Ray Go Solar Holdings Bhd is a solar engineering procurement construction (EPC) company providing integrated solar services throughout the entire process of installing a photovoltaic (PV) system. Its business segments include Sales of energy generated from solar projects; and Engineering, Procurement, Construction, and Commissions (EPCC) in solar projects; and operations and maintenance for solar projects. Maximum revenue for the company is derived from its EPCC segment. Geographically, it operates only in Malaysia.
43GF Score

Get the complete analysis for XKLS:03052

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.17
Price
RM0.24
GF Value