Magma Group Bhd (XKLS:7243) Effective Interest Rate on Debt % : 12.71% (As of Mar. 2024)

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What is Magma 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. Magma Group Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was RM10.20 Mil. Magma Group Bhd's average total debt for the quarter that ended in Mar. 2024 was RM80.25 Mil. Therefore, Magma Group Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 12.71%.

Magma Group Bhd Effective Interest Rate on Debt % Historical Data

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

Magma Group Bhd Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Dec14

Jun17

Jun18

Jun21

Dec23

Effective Interest Rate on Debt %

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11.20

11.69

Magma Group Bhd Quarterly Data
	Mar18	Jun18	Sep18	Mar19	Jun19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															12.83	12.85	13.54	7.08	12.71

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

For the Lodging subindustry, Magma 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.

Magma Group Bhd's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Magma Group Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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

Magma Group Bhd Effective Interest Rate on Debt % Calculation

Magma Group 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: Jun. 2021 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -8.637	/	( (72.608	+	75.135)	/ 2 )
=	-1 * -8.637	/	73.8715
=	11.69 %

where

	Total Debt (A: Jun. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	68.014	+	4.594
=	72.608

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	68.496	+	6.639
=	75.135

Magma Group 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 * -10.2	/	( (75.135	+	85.373)	/ 2 )
=	-1 * -10.2	/	80.254
=	12.71 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	68.496	+	6.639
=	75.135

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	71.895	+	13.478
=	85.373

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.

Magma Group Bhd (XKLS:7243) Effective Interest Rate on Debt % Explanation

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

Magma Group Bhd Effective Interest Rate on Debt % Related Terms

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Magma Group Bhd (XKLS:7243) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Magma Group Bhd (XKLS:7243) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

21st Floor Menara KH Jalan Sultan Ismail, Kuala Lumpur, MYS, 50250

Website

https://www.impiana.com

Magma Group Bhd formerly Impiana Hotels Bhd is a Malaysia-based company. It is an investment holding company, which is engaged in the processing, manufacturing, and selling of drinking water. It also manages and operates hotels and resorts, and property investments. The company operates in two business segments that are Hospitality Business and Others.

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