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Dagang NeXchange Bhd (XKLS:4456) Effective Interest Rate on Debt % : 20.66% (As of Mar. 2024)


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What is Dagang NeXchange 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. Dagang NeXchange Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was RM56.9 Mil. Dagang NeXchange Bhd's average total debt for the quarter that ended in Mar. 2024 was RM275.6 Mil. Therefore, Dagang NeXchange Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 20.66%.


Dagang NeXchange Bhd Effective Interest Rate on Debt % Historical Data

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

Dagang NeXchange Bhd Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.73 4.44 3.47 9.26 7.33

Dagang NeXchange Bhd Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Mar24
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 15.79 16.44 16.84 18.17 20.66

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

For the Information Technology Services subindustry, Dagang NeXchange 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.


Dagang NeXchange Bhd's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Dagang NeXchange Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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



Dagang NeXchange Bhd Effective Interest Rate on Debt % Calculation

Dagang NeXchange Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2018 )+Total Debt  (A: Dec. 2019 ))/ count )
=-1  *  -4.383/( (47.575+72.096)/ 2 )
=-1  *  -4.383/59.8355
=7.33 %

where

Total Debt  (A: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17.964 + 29.611
=47.575

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=21.768 + 50.328
=72.096

Dagang NeXchange 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: Sep. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -56.94/( (296.324+254.971)/ 2 )
=-1  *  -56.94/275.6475
=20.66 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=247.769 + 48.555
=296.324

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.556 + 241.415
=254.971

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


Dagang NeXchange Bhd  (XKLS:4456) Effective Interest Rate on Debt % Explanation

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


Dagang NeXchange Bhd Effective Interest Rate on Debt % Related Terms

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Dagang NeXchange Bhd (XKLS:4456) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Dagang Net Tower, Block 10 (A & B) Corporate Park, Star Central, Lingkaran, Cyberpoint Timur, Cyber 12, Cyberjaya, SGR, MYS, 63000
Dagang NeXchange Bhd is a Malaysia based company. The business operates in various segments that include Corporate, which is an investment holding; Information Technology (IT), which supply, delivery, install, testing, commissioning and maintenance of IT hardware, development, management and provision of business to government (B2G) e-commerce and others; and Energy, which provides upstream oil and gas exploration, production sale of oil and gas-related equipment and services, provision of engineering, technical support and involvement in power plant, and energy-related business. The Information Technology segment generates maximum revenue for the company. It offers its services only to the Malaysia region.

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