Hong Leong Industries Bhd (XKLS:3301) Effective Interest Rate on Debt % : 1.87% (As of Dec. 2024)

View and export this data going back to 1970. Start your Free Trial

What is Hong Leong 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. Hong Leong Industries Bhd's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was RM1 Mil. Hong Leong Industries Bhd's average total debt for the quarter that ended in Dec. 2024 was RM44 Mil. Therefore, Hong Leong Industries Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 1.87%.

Hong Leong Industries Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for Hong Leong 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.

* Premium members only.

Hong Leong Industries Bhd Effective Interest Rate on Debt % Chart

Hong Leong Industries Bhd Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

8.62

8.01

6.23

11.35

17.78

Hong Leong Industries Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															19.82	15.62	10.54	8.84	1.87

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

For the Auto Manufacturers subindustry, Hong Leong 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.

Hong Leong Industries Bhd's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hong Leong Industries Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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

Hong Leong Industries Bhd Effective Interest Rate on Debt % Calculation

Hong Leong Industries Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2023 )	+	Total Debt (A: Jun. 2024 ))	/ count )
=	-1 * -1.177	/	( (7.42	+	5.817)	/ 2 )
=	-1 * -1.177	/	6.6185
=	17.78 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.54	+	4.88
=	7.42

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.374	+	3.443
=	5.817

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.824	/	( (17.344	+	70.952)	/ 2 )
=	-1 * -0.824	/	44.148
=	1.87 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.901	+	3.443
=	17.344

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	67.509	+	3.443
=	70.952

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

Hong Leong Industries Bhd (XKLS:3301) Effective Interest Rate on Debt % Explanation

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

Hong Leong Industries Bhd Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Hong Leong Industries Bhd's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Hong Leong Industries Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hong Leong Industries Bhd (XKLS:3301) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 6, Jalan Damanlela, Level 31, Menara Hong Leong, Bukit Damansara, Kuala Lumpur, SGR, MYS, 50490

Website

https://www.hli.com.my

Hong Leong Industries Bhd is a Malaysia-based investment holding company. Its only operating segment is Consumer products. Consumer products segment manufacture and sale of consumer products comprises motorcycles, spare parts and ceramic tiles. Geographically, it derives a majority of its revenue from Malaysia.

Hong Leong Industries Bhd Headlines

No Headlines