Hong Leong Bank Bhd (XKLS:5819) Effective Interest Rate on Debt % : 123.47% (As of Mar. 2024)

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What is Hong Leong Bank 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. Hong Leong Bank Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was RM4,972 Mil. Hong Leong Bank Bhd's average total debt for the quarter that ended in Mar. 2024 was RM4,027 Mil. Therefore, Hong Leong Bank Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 123.47%.

Hong Leong Bank Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for Hong Leong Bank 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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Hong Leong Bank Bhd Effective Interest Rate on Debt % Chart

Hong Leong Bank Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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103.45

115.86

77.86

61.69

105.65

Hong Leong Bank Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															116.67	126.24	134.17	129.19	123.47

Competitive Comparison of Hong Leong Bank Bhd's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Hong Leong Bank 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.

Hong Leong Bank Bhd's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hong Leong Bank Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Hong Leong Bank Bhd's Effective Interest Rate on Debt % falls into.

Hong Leong Bank Bhd Effective Interest Rate on Debt % Calculation

Hong Leong Bank Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -3846.739	/	( (3670.243	+	3611.618)	/ 2 )
=	-1 * -3846.739	/	3640.9305
=	105.65 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3670.243	+	0
=	3670.243

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3611.618	+	0
=	3611.618

Hong Leong Bank 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: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -4971.88	/	( (3958.288	+	4095.54)	/ 2 )
=	-1 * -4971.88	/	4026.914
=	123.47 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3958.288	+	0
=	3958.288

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4095.54	+	0
=	4095.54

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.

Hong Leong Bank Bhd (XKLS:5819) Effective Interest Rate on Debt % Explanation

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

Hong Leong Bank Bhd Effective Interest Rate on Debt % Related Terms

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Hong Leong Bank Bhd (XKLS:5819) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hong Leong Bank Bhd (XKLS:5819) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

No.6, Jalan Damanlela, Level 30, Menara Hong Leong, Bukit, Damansara, Kuala Lumpur, MYS, 50490

Website

https://www.hlb.com.my

Hong Leong Bank Bhd is based primarily in Malaysia with a regional presence in other Southeast Asian countries, Hong Kong, and mainland China. The bank's strategy emphasizes technology while offering diverse financial products to its Islamic target base. Its services include personal financial services, business, and corporate banking, trade finance, treasury, branch and transaction banking, wealth management, investment banking, and Islamic financial services. A majority of the bank's earning assets are loans, advances, and financing. Net interest income constitutes the bulk of the bank's income generation. Most of its revenue is derived from personal financial services.

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