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Genting Plantations Bhd (XKLS:2291) Effective Interest Rate on Debt % : 4.54% (As of Dec. 2023)


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What is Genting Plantations 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. Genting Plantations Bhd's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was RM98 Mil. Genting Plantations Bhd's average total debt for the quarter that ended in Dec. 2023 was RM2,157 Mil. Therefore, Genting Plantations Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.54%.


Genting Plantations Bhd Effective Interest Rate on Debt % Historical Data

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

Genting Plantations Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 1.67 4.03 3.62 4.65

Genting Plantations Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.80 4.63 4.70 5.06 4.54

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

For the Farm Products subindustry, Genting Plantations 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.


Genting Plantations Bhd's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Genting Plantations Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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



Genting Plantations Bhd Effective Interest Rate on Debt % Calculation

Genting Plantations 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: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -105.196/( (2429.342+2096.431)/ 2 )
=-1  *  -105.196/2262.8865
=4.65 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1838.14 + 591.202
=2429.342

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1565.152 + 531.279
=2096.431

Genting Plantations Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -98.024/( (2217.802+2096.431)/ 2 )
=-1  *  -98.024/2157.1165
=4.54 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1673.736 + 544.066
=2217.802

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1565.152 + 531.279
=2096.431

* 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.

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Genting Plantations Bhd  (XKLS:2291) Effective Interest Rate on Debt % Explanation

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


Genting Plantations Bhd Effective Interest Rate on Debt % Related Terms

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Genting Plantations Bhd (XKLS:2291) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Sultan Ismail, 10th Floor, Wisma Genting, Kuala Lumpur, SGR, MYS, 50250
Genting Plantations Bhd is engaged in the oil palm plantation business. It operates in five segments: Plantation, which includes upstream activities relating to oil palm plantations in Malaysia and Indonesia; Property segment includes activities relating to property development and property investment; AgTech segment is into genomics research and development; Downstream Manufacturing segment related to manufacturing and sale of palm oil derivative products; and Others. Geographically, it operates in two segments, namely Malaysia and Indonesia, of which the vast majority of its revenue comes from Malaysia.

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