SIK Cheong Bhd (XKLS:0316) Effective Interest Rate on Debt % : 24.24% (As of Mar. 2025)

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What is SIK Cheong 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. SIK Cheong Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was RM0.02 Mil. SIK Cheong Bhd's average total debt for the quarter that ended in Mar. 2025 was RM0.07 Mil. Therefore, SIK Cheong Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 24.24%.

SIK Cheong Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for SIK Cheong 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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SIK Cheong Bhd Effective Interest Rate on Debt % Chart

SIK Cheong Bhd Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Mar25

Effective Interest Rate on Debt %

1.05

3.77

3.70

3.97

4.10

SIK Cheong Bhd Quarterly Data
	Mar21	Mar22	Mar23	Mar24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	-	3.67	5.16	24.24

Competitive Comparison of SIK Cheong Bhd's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, SIK Cheong 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.

SIK Cheong Bhd's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SIK Cheong Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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

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SIK Cheong Bhd Effective Interest Rate on Debt % Calculation

SIK Cheong Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2024 )	+	Total Debt (A: Mar. 2025 ))	/ count )
=	-1 * -0.004	/	( (0.135	+	0.06)	/ 2 )
=	-1 * -0.004	/	0.0975
=	4.10 %

where

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.079	+	0.056
=	0.135

	Total Debt (A: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.019	+	0.041
=	0.06

SIK Cheong Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -0.016	/	( (0.072	+	0.06)	/ 2 )
=	-1 * -0.016	/	0.066
=	24.24 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.053	+	0.019
=	0.072

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.019	+	0.041
=	0.06

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

SIK Cheong Bhd (XKLS:0316) Effective Interest Rate on Debt % Explanation

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

SIK Cheong Bhd Effective Interest Rate on Debt % Related Terms

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SIK Cheong Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SIK Cheong Bhd (XKLS:0316) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11, Jalan 6/14, Kampung Tasik Tambahan, Darul Ehsan, Ampang, SGR, MYS, 68000

Website

https://www.sikcheong.com.my

SIK Cheong Bhd is involved in the repackaging, marketing and distribution of RBD palm olein oil products. Its products include RBD palm olein cooking oil, which are sold under brands, Sawit Emas and Vitamas, or sold unbranded and also sell RBD palm olein lamp oil under brand, Pingat Emas. The company products are consumed and used commercially and in households.

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