IJM Bhd (XKLS:3336) Effective Interest Rate on Debt % : 6.14% (As of Dec. 2023)

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What is IJM 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. IJM Bhd's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was RM344 Mil. IJM Bhd's average total debt for the quarter that ended in Dec. 2023 was RM5,596 Mil. Therefore, IJM Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.14%.

IJM Bhd Effective Interest Rate on Debt % Historical Data

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

IJM Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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3.12

3.65

2.83

2.98

4.53

IJM Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.62	6.12	5.07	5.68	6.14

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

For the Conglomerates subindustry, IJM 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.

IJM Bhd's Effective Interest Rate on Debt % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, IJM Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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

IJM Bhd Effective Interest Rate on Debt % Calculation

IJM Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -255.572	/	( (5699.657	+	5576.164)	/ 2 )
=	-1 * -255.572	/	5637.9105
=	4.53 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4052.61	+	1647.047
=	5699.657

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3837.181	+	1738.983
=	5576.164

IJM Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -343.672	/	( (5539.418	+	5652.066)	/ 2 )
=	-1 * -343.672	/	5595.742
=	6.14 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3550.098	+	1989.32
=	5539.418

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3489.285	+	2162.781
=	5652.066

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

IJM Bhd (XKLS:3336) Effective Interest Rate on Debt % Explanation

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

IJM Bhd Effective Interest Rate on Debt % Related Terms

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IJM Bhd (XKLS:3336) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » IJM Corp Bhd (XKLS:3336) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Yong Shook Lin, 2nd Floor, Wisma IJM, Petaling Jaya, SGR, MYS, 46050

Website

https://www.ijm.com

IJM Corp Bhd is an investment holding company. It constructs hotels, residential complexes, highways and transportation systems, and other large industrial structures. In addition, the company provides construction materials for in-house support and external customers. It utilizes quarry operations, ready-mixed concrete, scaffolding, and other supplies to provide reliable solutions. IJM has five operating segments: Construction, Property development, Manufacturing and quarrying, Infrastructure and Investment and others. The majority of the company's revenue is derived from Malaysia.

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