Olympia Industries Bhd (XKLS:3018) Effective Interest Rate on Debt % : 6.09% (As of Mar. 2024)

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What is Olympia Industries 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. Olympia Industries Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was RM8.29 Mil. Olympia Industries Bhd's average total debt for the quarter that ended in Mar. 2024 was RM136.13 Mil. Therefore, Olympia Industries Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.09%.

Olympia Industries Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for Olympia Industries 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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Olympia Industries Bhd Effective Interest Rate on Debt % Chart

Olympia Industries Bhd Annual Data

Trend

Jun13

Jun14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

6.78

5.77

5.45

5.93

5.89

Olympia Industries Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.49	5.78	6.09	6.63	6.09

Competitive Comparison of Olympia Industries Bhd's Effective Interest Rate on Debt %

For the Gambling subindustry, Olympia Industries 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.

Olympia Industries Bhd's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Olympia Industries Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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

Olympia Industries Bhd Effective Interest Rate on Debt % Calculation

Olympia Industries 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 * -7.756	/	( (128.062	+	135.229)	/ 2 )
=	-1 * -7.756	/	131.6455
=	5.89 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	122.314	+	5.748
=	128.062

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	129.402	+	5.827
=	135.229

Olympia Industries Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -8.292	/	( (135.229	+	137.026)	/ 2 )
=	-1 * -8.292	/	136.1275
=	6.09 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	129.402	+	5.827
=	135.229

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	131.2	+	5.826
=	137.026

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

Olympia Industries Bhd (XKLS:3018) Effective Interest Rate on Debt % Explanation

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

Olympia Industries Bhd Effective Interest Rate on Debt % Related Terms

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Olympia Industries Bhd (XKLS:3018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Olympia Industries Bhd (XKLS:3018) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 8, Jalan Raja Chulan, Level 24, Menara Olympia, Kuala Lumpur, SGR, MYS, 50200

Website

https://www.oib.com.my

Olympia Industries Bhd is an investment holding company. The company's operating segments include Leasing; Property development; Gaming; and Investment holding and dormant. It generates maximum revenue from the Gaming segment. The Gaming segment includes organising, managing, and sales of numbers forecast pools and public lotteries. The Property development segment includes the development of residential and commercial properties. The Leasing segment includes the rental of office and retail spaces and other related activities. The Investment holding and dormant segment includes investment holding and other business units include trading and retailing business. Geographically, it derives revenue from Malaysia.

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