Kim Loong Resources Bhd (XKLS:5027) Effective Interest Rate on Debt % : 4.73% (As of Oct. 2023)

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What is Kim Loong Resources 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. Kim Loong Resources Bhd's annualized positive value of Interest Expense for the quarter that ended in Oct. 2023 was RM2 Mil. Kim Loong Resources Bhd's average total debt for the quarter that ended in Oct. 2023 was RM52 Mil. Therefore, Kim Loong Resources Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 was 4.73%.

Kim Loong Resources Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for Kim Loong Resources 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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Kim Loong Resources Bhd Effective Interest Rate on Debt % Chart

Kim Loong Resources Bhd Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Effective Interest Rate on Debt %

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4.64

4.23

3.17

3.35

3.85

Kim Loong Resources Bhd Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.00	4.36	4.33	4.66	4.73

Competitive Comparison of Kim Loong Resources Bhd's Effective Interest Rate on Debt %

For the Farm Products subindustry, Kim Loong Resources 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.

Kim Loong Resources Bhd's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

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

Kim Loong Resources Bhd Effective Interest Rate on Debt % Calculation

Kim Loong Resources Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jan. 2022 )	+	Total Debt (A: Jan. 2023 ))	/ count )
=	-1 * -2.402	/	( (66.367	+	58.437)	/ 2 )
=	-1 * -2.402	/	62.402
=	3.85 %

where

	Total Debt (A: Jan. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	55.482	+	10.885
=	66.367

	Total Debt (A: Jan. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	45.486	+	12.951
=	58.437

Kim Loong Resources Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jul. 2023 )	+	Total Debt (Q: Oct. 2023 ))	/ count )
=	-1 * -2.464	/	( (53.416	+	50.866)	/ 2 )
=	-1 * -2.464	/	52.141
=	4.73 %

where

	Total Debt (Q: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	40.488	+	12.928
=	53.416

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	37.989	+	12.877
=	50.866

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

Kim Loong Resources Bhd (XKLS:5027) Effective Interest Rate on Debt % Explanation

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

Kim Loong Resources Bhd Effective Interest Rate on Debt % Related Terms

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Kim Loong Resources Bhd (XKLS:5027) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kim Loong Resources Bhd (XKLS:5027) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

19, Jalan Wong Ah Fook, Lot 18.01, 18th Floor, Public Bank Tower, Johor Bahru, JHR, MYS, 80000

Website

http://www.kimloong.com.my

Kim Loong Resources Bhd is a Malaysia-based investment holding company. The primary business segments of the group are Plantation operations and Milling operations. Its Plantation segment includes the cultivation of oil palm activity. The milling segment includes the processing and marketing of oil palm products and power generation. The group operates in Malaysia and generates the majority of its revenue from the Milling segment.

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