Sarawak Oil Palms Bhd (XKLS:5126) Effective Interest Rate on Debt % : 4.49% (As of Mar. 2024)

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What is Sarawak Oil Palms 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. Sarawak Oil Palms Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was RM30 Mil. Sarawak Oil Palms Bhd's average total debt for the quarter that ended in Mar. 2024 was RM667 Mil. Therefore, Sarawak Oil Palms Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.49%.

Sarawak Oil Palms Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for Sarawak Oil Palms 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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Sarawak Oil Palms Bhd Effective Interest Rate on Debt % Chart

Sarawak Oil Palms Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.32

3.60

3.13

3.28

4.16

Sarawak Oil Palms 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															4.30	4.37	4.40	3.86	4.49

Competitive Comparison of Sarawak Oil Palms Bhd's Effective Interest Rate on Debt %

For the Farm Products subindustry, Sarawak Oil Palms 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.

Sarawak Oil Palms Bhd's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

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

Sarawak Oil Palms Bhd Effective Interest Rate on Debt % Calculation

Sarawak Oil Palms 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 * -33.488	/	( (762.504	+	847.172)	/ 2 )
=	-1 * -33.488	/	804.838
=	4.16 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	447.02	+	315.484
=	762.504

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	223.791	+	623.381
=	847.172

Sarawak Oil Palms 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 * -29.972	/	( (847.172	+	487.673)	/ 2 )
=	-1 * -29.972	/	667.4225
=	4.49 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	223.791	+	623.381
=	847.172

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	221.123	+	266.55
=	487.673

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.

Sarawak Oil Palms Bhd (XKLS:5126) Effective Interest Rate on Debt % Explanation

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

Sarawak Oil Palms Bhd Effective Interest Rate on Debt % Related Terms

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Sarawak Oil Palms Bhd (XKLS:5126) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sarawak Oil Palms Bhd (XKLS:5126) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

No. 124-126, Jalan Bendahara, P.O. Box 547, Miri, SWK, MYS, 98000

Website

https://www.sop.com.my

Sarawak Oil Palms Bhd is a Malaysia-based company engaged in the principal activities of investment holding, cultivation of oil palms, and operations of palm oil mills. The primary businesses of the company are oil palm plantation, milling, refining of oil palm products, and trading of oil palm products. The operating segments of the group are Oil Palms and Property development. Its Oil Palms segment contributes majorly to the group's revenue. The company's geographical segments include Malaysia, Asia-Pacific, and Others.

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