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Sinaran Advance Group Bhd (XKLS:5172) Effective Interest Rate on Debt % : 21.81% (As of Dec. 2024)


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What is Sinaran Advance Group 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. Sinaran Advance Group Bhd's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was RM2.52 Mil. Sinaran Advance Group Bhd's average total debt for the quarter that ended in Dec. 2024 was RM11.54 Mil. Therefore, Sinaran Advance Group Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 21.81%.


Sinaran Advance Group Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for Sinaran Advance Group 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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Sinaran Advance Group Bhd Effective Interest Rate on Debt % Chart

Sinaran Advance Group Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.95 8.95 8.39 7.52 0.03

Sinaran Advance Group Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 6.81 6.44 6.80 - 21.81

Competitive Comparison of Sinaran Advance Group Bhd's Effective Interest Rate on Debt %

For the Footwear & Accessories subindustry, Sinaran Advance Group 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.


Sinaran Advance Group Bhd's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sinaran Advance Group Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Sinaran Advance Group Bhd's Effective Interest Rate on Debt % falls into.


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Sinaran Advance Group Bhd Effective Interest Rate on Debt % Calculation

Sinaran Advance Group Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -0.004/( (24.947+0.363)/ 2 )
=-1  *  -0.004/12.655
=0.03 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.583 + 22.364
=24.947

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.205 + 0.158
=0.363

Sinaran Advance Group Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -2.516/( (22.707+0.363)/ 2 )
=-1  *  -2.516/11.535
=21.81 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.351 + 20.356
=22.707

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.205 + 0.158
=0.363

* 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 (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Sinaran Advance Group Bhd  (XKLS:5172) Effective Interest Rate on Debt % Explanation

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


Sinaran Advance Group Bhd Effective Interest Rate on Debt % Related Terms

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Sinaran Advance Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
DF2-09-03A (Unit 1A), Level 9, 6B, Persiaran Tropicana, Persoft Tower,, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410
Sinaran Advance Group Bhd engages in the design, manufacture, distribution, and sale of sports footwear and sports apparel. It offers athletic footwear designed for sporting activities, such as running, tennis, basketball, and mountain climbing, as well as leisure footwear as well as original equipment manufacturing and original design manufacturing services. The company is also an original equipment manufacturer and original design manufacturer for sports brands, including Umbro, Diadora, Kappa, Le Coq Sportif, Canguro, Die Wilden Kerle, Cosby, Bridgestone, Prince, and Master Bunny. Its operating segment includes Sports footwear; Construction and others. The company generates maximum revenue from the Construction segment.

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