GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) » Definitions » Effective Interest Rate on Debt %

Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Effective Interest Rate on Debt % : 3.17% (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Malaysia Marine and Heavy Engineering Holdings 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. Malaysia Marine and Heavy Engineering Holdings Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was RM14 Mil. Malaysia Marine and Heavy Engineering Holdings Bhd's average total debt for the quarter that ended in Mar. 2024 was RM446 Mil. Therefore, Malaysia Marine and Heavy Engineering Holdings Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.17%.


Malaysia Marine and Heavy Engineering Holdings Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for Malaysia Marine and Heavy Engineering Holdings 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.

Malaysia Marine and Heavy Engineering Holdings Bhd Effective Interest Rate on Debt % Chart

Malaysia Marine and Heavy Engineering Holdings Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.41 4.12 3.99 4.30

Malaysia Marine and Heavy Engineering Holdings 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 4.07 4.11 3.44 4.22 3.17

Competitive Comparison of Malaysia Marine and Heavy Engineering Holdings Bhd's Effective Interest Rate on Debt %

For the Oil & Gas Equipment & Services subindustry, Malaysia Marine and Heavy Engineering Holdings 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.


Malaysia Marine and Heavy Engineering Holdings Bhd's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Malaysia Marine and Heavy Engineering Holdings Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Malaysia Marine and Heavy Engineering Holdings Bhd's Effective Interest Rate on Debt % falls into.



Malaysia Marine and Heavy Engineering Holdings Bhd Effective Interest Rate on Debt % Calculation

Malaysia Marine and Heavy Engineering Holdings 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  *  -15.382/( (340.942+374.935)/ 2 )
=-1  *  -15.382/357.9385
=4.30 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=303.696 + 37.246
=340.942

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=268.484 + 106.451
=374.935

Malaysia Marine and Heavy Engineering Holdings 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  *  -14.14/( (374.935+516.49)/ 2 )
=-1  *  -14.14/445.7125
=3.17 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=268.484 + 106.451
=374.935

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=258.394 + 258.096
=516.49

* 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.


Malaysia Marine and Heavy Engineering Holdings Bhd  (XKLS:5186) Effective Interest Rate on Debt % Explanation

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


Malaysia Marine and Heavy Engineering Holdings Bhd Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Malaysia Marine and Heavy Engineering Holdings Bhd's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Sultan Hishamuddin, Level 31, Menara Dayabumi, Kuala Lumpur, MYS, 50050
Malaysia Marine and Heavy Engineering Holdings Bhd is a marine and heavy engineering solutions provider for a range of offshore and onshore facilities and vessels. The company operates through three segments. Its Heavy engineering Business segment is engaged in the provision of service for oil and gas engineering, construction and conversion works. The Marine segment offers repair services and dry docking of liquefied natural gas carriers. Its Other segment comprises of supporting divisions to the group operations and sludge disposal management. The company generates maximum revenue from the Heavy engineering Business segment.

Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Headlines

No Headlines