White Horse Bhd (XKLS:5009) Effective Interest Rate on Debt % : 5.70% (As of Mar. 2024)

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What is White Horse 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. White Horse Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was RM5.5 Mil. White Horse Bhd's average total debt for the quarter that ended in Mar. 2024 was RM95.9 Mil. Therefore, White Horse Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.70%.

White Horse Bhd Effective Interest Rate on Debt % Historical Data

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

White Horse Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.06

4.65

12.39

3.82

4.83

White Horse 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															5.81	5.41	4.88	6.40	5.70

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

For the Building Materials subindustry, White Horse 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.

White Horse Bhd's Effective Interest Rate on Debt % Distribution in the Building Materials Industry

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

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

White Horse Bhd Effective Interest Rate on Debt % Calculation

White Horse 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 * -4.713	/	( (97.882	+	97.187)	/ 2 )
=	-1 * -4.713	/	97.5345
=	4.83 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.616	+	96.266
=	97.882

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15.6	+	81.587
=	97.187

White Horse 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 * -5.468	/	( (97.187	+	94.521)	/ 2 )
=	-1 * -5.468	/	95.854
=	5.70 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15.6	+	81.587
=	97.187

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.813	+	79.708
=	94.521

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.

White Horse Bhd (XKLS:5009) Effective Interest Rate on Debt % Explanation

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

White Horse Bhd Effective Interest Rate on Debt % Related Terms

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White Horse Bhd (XKLS:5009) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » White Horse Bhd (XKLS:5009) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

Pasir Gudang Industrial Estate, PLO 464, Jalan Gangsa, Pasir Gudang, JHR, MYS, 81700

Website

https://www.whitehorse.my

White Horse Bhd. is an investment holding company, which is engaged in the manufacturing of ceramic wall, floor tiles and the provision of management services. Its segments include Malaysia, Vietnam, and Others. The Malaysia segment includes the manufacturing and distribution of ceramic homogenous tiles in Malaysia. The Vietnam segment includes the manufacturing and distribution of ceramic homogenous tiles in Vietnam. The other segments include the distribution of ceramic homogenous tiles in Indonesia, the Philippine, Singapore, and Thailand, and China. The product portfolio of the group consists of ceramic wall tiles, ceramic floor tiles, and porcelain tiles. It generates the majority of revenue from the Malaysian segment.

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