MN Holdings Bhd (XKLS:0245) Effective Interest Rate on Debt % : 3.92% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is MN Holdings 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. MN Holdings Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was RM0.7 Mil. MN Holdings Bhd's average total debt for the quarter that ended in Mar. 2024 was RM18.9 Mil. Therefore, MN Holdings Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.92%.

MN Holdings Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for MN Holdings 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.

* Premium members only.

MN Holdings Bhd Effective Interest Rate on Debt % Chart

MN Holdings Bhd Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

7.34

7.74

6.44

3.69

6.80

MN Holdings Bhd Quarterly Data
	Jun18	Jun19	Jun20	Jun21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial									5.28	7.87	7.60	11.44	3.92

Competitive Comparison of MN Holdings Bhd's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, MN Holdings 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.

MN Holdings Bhd's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, MN Holdings Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

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

MN Holdings Bhd Effective Interest Rate on Debt % Calculation

MN Holdings 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 * -0.591	/	( (7.994	+	9.389)	/ 2 )
=	-1 * -0.591	/	8.6915
=	6.80 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.87	+	4.124
=	7.994

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.41	+	5.979
=	9.389

MN Holdings 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 * -0.74	/	( (19.559	+	18.217)	/ 2 )
=	-1 * -0.74	/	18.888
=	3.92 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.979	+	15.58
=	19.559

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.34	+	13.877
=	18.217

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.

MN Holdings Bhd (XKLS:0245) Effective Interest Rate on Debt % Explanation

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

MN Holdings Bhd Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of MN Holdings Bhd's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

MN Holdings Bhd (XKLS:0245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MN Holdings Bhd (XKLS:0245) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan USJ 25/1B, F-07-01, Garden Shoppe One City, Subang Jaya, SGR, MYS, 47650

Website

https://www.mnholdings.com.my

MN Holdings Bhd is principally involved in the provision of infrastructure utility services comprising underground utilities engineering services and solutions; substation engineering services and solutions and Investment holding. It generates maximum revenue from the underground utilities engineering segment, which is engaged in the provision of underground utilities engineering services and solutions. The Substation engineering segment is engaged in the provision of substation engineering services and solutions and trading and supplying.

MN Holdings Bhd (XKLS:0245) Headlines

No Headlines