Handal Energy Bhd (XKLS:7253) Effective Interest Rate on Debt % : 3.52% (As of Dec. 2024)

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What is Handal Energy 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. Handal Energy Bhd's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was RM0.55 Mil. Handal Energy Bhd's average total debt for the quarter that ended in Dec. 2024 was RM15.66 Mil. Therefore, Handal Energy Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 3.52%.

Handal Energy Bhd Effective Interest Rate on Debt % Historical Data

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

Handal Energy Bhd Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Jun20

Jun21

Effective Interest Rate on Debt %

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7.01

6.40

6.58

6.52

6.15

Handal Energy Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Mar23	Jun23	Sep23	Mar24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.69	6.64	8.84	-	3.52

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

For the Oil & Gas Equipment & Services subindustry, Handal Energy 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.

Handal Energy Bhd's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

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

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Handal Energy Bhd Effective Interest Rate on Debt % Calculation

Handal Energy Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2020 )	+	Total Debt (A: Jun. 2021 ))	/ count )
=	-1 * -1.594	/	( (32.37	+	19.481)	/ 2 )
=	-1 * -1.594	/	25.9255
=	6.15 %

where

	Total Debt (A: Jun. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.225	+	31.145
=	32.37

	Total Debt (A: Jun. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.104	+	18.377
=	19.481

Handal Energy Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.552	/	( (15.954	+	15.37)	/ 2 )
=	-1 * -0.552	/	15.662
=	3.52 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	15.954
=	15.954

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	15.37
=	15.37

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 (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Handal Energy Bhd (XKLS:7253) Effective Interest Rate on Debt % Explanation

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

Handal Energy Bhd Effective Interest Rate on Debt % Related Terms

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Handal Energy Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Handal Energy Bhd (XKLS:7253) » Definitions » Effective Interest Rate on Debt %

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Address

Mukim Teluk Kalong, Lot PT7358, Kawasan Perindustrian Teluk Kalong, Kemaman, Terengganu Darul Iman, TRG, MYS, 24007

Website

https://www.handalenergy.com

Handal Energy Bhd provides integrated crane services in Malaysia. The company's operating segment includes Investment holding; Integrated, maintenance, repair and overhaul services; and other segments. It generates maximum revenue from the Integrated, maintenance, repair and overhaul services segment. Geographically, it operates only in Malaysia.

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