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JCY International Bhd (XKLS:5161) Effective Interest Rate on Debt % : 7.09% (As of Mar. 2024)


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What is JCY International 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. JCY International Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was RM2.4 Mil. JCY International Bhd's average total debt for the quarter that ended in Mar. 2024 was RM33.9 Mil. Therefore, JCY International Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.09%.


JCY International Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for JCY International 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.

* Premium members only.

JCY International Bhd Effective Interest Rate on Debt % Chart

JCY International Bhd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.08 3.49 1.74 2.85 6.16

JCY International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.17 6.84 6.05 7.86 7.09

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

For the Computer Hardware subindustry, JCY International 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.


JCY International Bhd's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, JCY International Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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



JCY International Bhd Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -3.594/( (71.968+44.637)/ 2 )
=-1  *  -3.594/58.3025
=6.16 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.477 + 71.491
=71.968

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.092 + 44.545
=44.637

JCY International 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  *  -2.4/( (34.015+33.723)/ 2 )
=-1  *  -2.4/33.869
=7.09 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.053 + 33.962
=34.015

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 33.723
=33.723

* 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.

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.


JCY International Bhd  (XKLS:5161) Effective Interest Rate on Debt % Explanation

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


JCY International Bhd Effective Interest Rate on Debt % Related Terms

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JCY International Bhd (XKLS:5161) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 3, Jalan Firma 3, Kawasan Perindustrian Tebrau IV, Johor Bahru, JHR, MYS, 81100
JCY International Bhd and its subsidiaries are in the business of investment holding and manufacturing & trading of hard disk drive components. The company operates in Malaysia, Thailand, and other segments. It derives the majority of its revenues from Malaysia. Its products include LED Light Bulbs, Solar Micro Inverters, Baseplates, Solid State Drive Enclosures, Covers, Heat Sinks, Prototype Hog Out, Hard Disk Drive Cover, Separator Plates, Actuator Arm Body, Form-In-Place Gasket and others.

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