SCGM Bhd (XKLS:7247) Effective Interest Rate on Debt % : 2.40% (As of Mar. 2024)

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What is SCGM 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. SCGM Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was RM0.19 Mil. SCGM Bhd's average total debt for the quarter that ended in Mar. 2024 was RM8.00 Mil. Therefore, SCGM Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.40%.

SCGM Bhd Effective Interest Rate on Debt % Historical Data

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

SCGM Bhd Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Effective Interest Rate on Debt %

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2.82

5.57

4.59

3.56

SCGM Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	3.70	3.70	2.40

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

For the Packaging & Containers subindustry, SCGM 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.

SCGM Bhd's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, SCGM Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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

SCGM Bhd Effective Interest Rate on Debt % Calculation

SCGM Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Apr. 2021 )	+	Total Debt (A: Apr. 2022 ))	/ count )
=	-1 * 0	/	( (74.436	+	64.753)	/ 2 )
=	-1 * 0	/	69.5945
=	0.00 %

where

	Total Debt (A: Apr. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	40.397	+	34.039
=	74.436

	Total Debt (A: Apr. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	31.004	+	33.749
=	64.753

SCGM 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: Oct. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -0.192	/	( (8	+	0)	/ 1 )
=	-1 * -0.192	/	8
=	2.40 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	8
=	8

	Total Debt (Q: Mar. 2024 )
=	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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

SCGM Bhd (XKLS:7247) Effective Interest Rate on Debt % Explanation

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

SCGM Bhd Effective Interest Rate on Debt % Related Terms

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SCGM Bhd (XKLS:7247) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » SCGM Bhd (XKLS:7247) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

PTD 109444, Jalan Sengkang, Kawasan Perusahaan Sri Sengkang, Johor Darul, Takzim, Kulai, JHR, MYS, 81000

Website

https://www.scgmbhd.com

SCGM Bhd is an investment holding company. The company's business segments are Manufacturing and Investment holding. The Manufacturing segment of the company is engaged in the manufacturing and finished plastic products, other articles of paper, paperboards, and plastic articles for the packing of goods. The company derives the majority of its revenue from the Investment holding segment. The predominantly operates in Malaysia.

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