Tropicana Bhd (XKLS:5401) Effective Interest Rate on Debt % : 5.82% (As of Mar. 2024)

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What is Tropicana 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. Tropicana Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was RM176 Mil. Tropicana Bhd's average total debt for the quarter that ended in Mar. 2024 was RM3,020 Mil. Therefore, Tropicana Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.82%.

Tropicana Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for Tropicana 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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Tropicana Bhd Effective Interest Rate on Debt % Chart

Tropicana Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.38

5.36

5.35

5.02

5.94

Tropicana 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															5.31	5.48	6.02	6.81	5.82

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

For the Real Estate Services subindustry, Tropicana 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.

Tropicana Bhd's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tropicana Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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

Tropicana Bhd Effective Interest Rate on Debt % Calculation

Tropicana 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 * -206.522	/	( (3784.728	+	3169.294)	/ 2 )
=	-1 * -206.522	/	3477.011
=	5.94 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2428.119	+	1356.609
=	3784.728

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1813.703	+	1355.591
=	3169.294

Tropicana 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 * -175.748	/	( (3169.294	+	2869.923)	/ 2 )
=	-1 * -175.748	/	3019.6085
=	5.82 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1813.703	+	1355.591
=	3169.294

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1686.53	+	1183.393
=	2869.923

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.

Tropicana Bhd (XKLS:5401) Effective Interest Rate on Debt % Explanation

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

Tropicana Bhd Effective Interest Rate on Debt % Related Terms

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Tropicana Bhd (XKLS:5401) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tropicana Corp Bhd (XKLS:5401) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

No. 2A, Persiaran Surian, Unit 1301, Level 13, Tropicana Gardens Office Tower, Tropicana Indah, Petaling Jaya, SGR, MYS, 47810

Website

https://www.tropicanacorp.com.my

Tropicana Corp Bhd has diversified business interests including Property Development & Property Management, Property Investment, Recreation & Resorts, Investment Holdings and more. The company is organized into three segments - Property development and property management involved in the development of residential and commercial properties; Property investment, recreation and resort involved in the management and operation of hotels, resort, golf course, clubhouse and investments in commercial and other properties and Investment holding and others that provides landscape services, management and operation of private school services and other operations. Maximum revenue is generated by the property development and property management segment.

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