Lion Industries Bhd (XKLS:4235) Effective Interest Rate on Debt % : 8.17% (As of Mar. 2024)

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What is Lion 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. Lion Industries Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was RM16 Mil. Lion Industries Bhd's average total debt for the quarter that ended in Mar. 2024 was RM196 Mil. Therefore, Lion Industries Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.17%.

Lion Industries Bhd Effective Interest Rate on Debt % Historical Data

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

Lion Industries Bhd Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Dec23

Effective Interest Rate on Debt %

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10.24

12.61

15.48

6.56

8.48

Lion Industries Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.50	5.97	5.95	20.57	8.17

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

For the Steel subindustry, Lion 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.

Lion Industries Bhd's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Lion Industries Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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

Lion Industries Bhd Effective Interest Rate on Debt % Calculation

Lion 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 * -15.402	/	( (179.033	+	184.318)	/ 2 )
=	-1 * -15.402	/	181.6755
=	8.48 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.556	+	161.477
=	179.033

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	36.818	+	147.5
=	184.318

Lion 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 * -16.048	/	( (184.318	+	208.56)	/ 2 )
=	-1 * -16.048	/	196.439
=	8.17 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	36.818	+	147.5
=	184.318

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.64	+	194.92
=	208.56

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.

Lion Industries Bhd (XKLS:4235) Effective Interest Rate on Debt % Explanation

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

Lion Industries Bhd Effective Interest Rate on Debt % Related Terms

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Lion Industries Bhd (XKLS:4235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Lion Industries Corp Bhd (XKLS:4235) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

No. 1 Jalan Nagasari, Level 14, Lion Office Tower, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50200

Website

https://www.lion.com.my

Lion Industries Corp Bhd is an investment holding company. The company's business segments are steel, building materials, and others. Its steel segment engaged in manufacturing and marketing of steel bars, wire rods, hot briquetted iron, and steel related products. The building materials segment consists of trading and distribution of building materials and other steel products. Other segment involves in investment holding, treasury business, manufacture and trading of lubricants, spark plugs and provision of transportation services, agriculture, distributing and retailing of consumer products. The company generates maximum revenue from the Steel segment. Geographically, it derives a majority of the revenue from Malaysia.

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