Hup Seng Industries Bhd (XKLS:5024) Effective Interest Rate on Debt % : 4.60% (As of Mar. 2024)

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What is Hup Seng 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. Hup Seng Industries Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was RM0.0 Mil. Hup Seng Industries Bhd's average total debt for the quarter that ended in Mar. 2024 was RM0.3 Mil. Therefore, Hup Seng Industries Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.60%.

Hup Seng Industries Bhd Effective Interest Rate on Debt % Historical Data

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

Hup Seng Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.79

5.18

5.88

4.92

4.76

Hup Seng 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															3.51	4.03	5.76	6.85	4.60

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

For the Packaged Foods subindustry, Hup Seng 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.

Hup Seng Industries Bhd's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hup Seng Industries Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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

Hup Seng Industries Bhd Effective Interest Rate on Debt % Calculation

Hup Seng 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 * -0.018	/	( (0.492	+	0.264)	/ 2 )
=	-1 * -0.018	/	0.378
=	4.76 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.191	+	0.301
=	0.492

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.058	+	0.206
=	0.264

Hup Seng 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 * -0.012	/	( (0.264	+	0.258)	/ 2 )
=	-1 * -0.012	/	0.261
=	4.60 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.058	+	0.206
=	0.264

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.083	+	0.175
=	0.258

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.

Hup Seng Industries Bhd (XKLS:5024) Effective Interest Rate on Debt % Explanation

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

Hup Seng Industries Bhd Effective Interest Rate on Debt % Related Terms

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Hup Seng Industries Bhd (XKLS:5024) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hup Seng Industries Bhd (XKLS:5024) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Jalan Kilang, Kawasan Perindustrian, Batu Pahat, Tongkang Pecah, JHR, MYS, 83010

Website

https://www.hsib.com.my

Hup Seng Industries Bhd is engaged in the business of manufacturing biscuits. Principally, it is involved in the production and sale of biscuits and confectionery food items as well as beverages. The company operates through three segments. It's Biscuit manufacturing segment manufacture and sells biscuits. The Beverage segment consists of wholesale of coffee mix and all kinds of foodstuff. It's Trading division segment markets and distributes biscuits, confectionery, and other foodstuffs. The company offers special cream crackers, cookies, cream sandwich biscuits, peanut butter sandwich, and many more.

Hup Seng Industries Bhd (XKLS:5024) Headlines

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