Magni-Tech Industries Bhd (XKLS:7087) Effective Interest Rate on Debt % : 0.00% (As of Jan. 2025)

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What is Magni-Tech Industries 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. Magni-Tech Industries Bhd's annualized positive value of Interest Expense for the quarter that ended in Jan. 2025 was RM1 Mil. Magni-Tech Industries Bhd's average total debt for the quarter that ended in Jan. 2025 was RM0 Mil. Therefore, Magni-Tech Industries Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2025 was N/A%.

Magni-Tech Industries Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for Magni-Tech Industries 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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Magni-Tech Industries Bhd Effective Interest Rate on Debt % Chart

Magni-Tech Industries Bhd Annual Data

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Effective Interest Rate on Debt %

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Magni-Tech Industries Bhd Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
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Competitive Comparison of Magni-Tech Industries Bhd's Effective Interest Rate on Debt %

For the Apparel Manufacturing subindustry, Magni-Tech Industries 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.

Magni-Tech Industries Bhd's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Magni-Tech Industries Bhd's Effective Interest Rate on Debt % falls into.

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Magni-Tech Industries Bhd Effective Interest Rate on Debt % Calculation

Magni-Tech Industries Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Apr. 2023 )	+	Total Debt (A: Apr. 2024 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

	Total Debt (A: Apr. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Apr. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

Magni-Tech Industries Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2024 )	+	Total Debt (Q: Jan. 2025 ))	/ count )
=	-1 * -0.692	/	( (0	+	0)	/ 1 )
=	-1 * -0.692	/	0
=	N/A %

where

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

	Total Debt (Q: Jan. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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 (Jan. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Magni-Tech Industries Bhd (XKLS:7087) Effective Interest Rate on Debt % Explanation

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

Magni-Tech Industries Bhd Effective Interest Rate on Debt % Related Terms

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Magni-Tech Industries Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Magni-Tech Industries Bhd (XKLS:7087) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

488-A, Jalan Burmah, Level 18, Penas Tower, Midlands Park Centre, George Town, PNG, MYS, 10350

Website

https://www.magni-tech.com.my

Magni-Tech Industries Bhd, through its subsidiaries, is principally engaged in the manufacturing and sales of garments. The company is organized into two business segments namely Garments, and Packaging segment. The company derives maximum revenue from the Garment segment. The Group engages in the manufacturing and sale of garments, flexible plastic packaging, and corrugated cartons.

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