Ho Wah Genting Bhd (XKLS:9601) Effective Interest Rate on Debt % : 8.98% (As of Sep. 2024)

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What is Ho Wah Genting 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. Ho Wah Genting Bhd's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was RM1.3 Mil. Ho Wah Genting Bhd's average total debt for the quarter that ended in Sep. 2024 was RM14.7 Mil. Therefore, Ho Wah Genting Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 8.98%.

Ho Wah Genting Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for Ho Wah Genting 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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Ho Wah Genting Bhd Effective Interest Rate on Debt % Chart

Ho Wah Genting Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Apr22

Dec23

Effective Interest Rate on Debt %

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9.02

1.73

8.86

7.27

7.26

Ho Wah Genting Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															8.94	9.96	6.89	8.62	8.98

Competitive Comparison of Ho Wah Genting Bhd's Effective Interest Rate on Debt %

For the Electrical Equipment & Parts subindustry, Ho Wah Genting 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.

Ho Wah Genting Bhd's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ho Wah Genting Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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

Ho Wah Genting Bhd Effective Interest Rate on Debt % Calculation

Ho Wah Genting 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: Apr. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -1.551	/	( (33.503	+	9.224)	/ 2 )
=	-1 * -1.551	/	21.3635
=	7.26 %

where

	Total Debt (A: Apr. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.884	+	28.619
=	33.503

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.009	+	5.215
=	9.224

Ho Wah Genting Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -1.324	/	( (23.895	+	5.601)	/ 2 )
=	-1 * -1.324	/	14.748
=	8.98 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.898	+	19.997
=	23.895

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.132	+	1.469
=	5.601

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

Ho Wah Genting Bhd (XKLS:9601) Effective Interest Rate on Debt % Explanation

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

Ho Wah Genting Bhd Effective Interest Rate on Debt % Related Terms

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Ho Wah Genting Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ho Wah Genting Bhd (XKLS:9601) » Definitions » Effective Interest Rate on Debt %

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Address

No. 35, Jalan Maharajalela, 1st Floor, Wisma Ho Wah Genting, Kuala Lumpur, SGR, MYS, 50150

Website

https://www.hwgenting.com

Ho Wah Genting Bhd is engaged in investment holdings and the provision of management services to its subsidiaries. The group has four operating segments, namely, Investment, Moulded power supply cord sets, Healthcare and Travelling Services. Moulded power supply cord sets is engaged in manufacturing and trading of wires and cables, moulded power supply cord sets and cable assemblies for electrical and electronic devices and equipment. The group earns a majority of the revenue from Moulded power supply cord sets. Geographically, the group has a presence in North America, Malaysia and the Rest of Asia; with a majority of the revenue being generated from North America.

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