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Alliance Bank Malaysia Bhd (XKLS:2488) Effective Interest Rate on Debt % : 70.05% (As of Dec. 2023)


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What is Alliance Bank Malaysia 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. Alliance Bank Malaysia Bhd's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was RM1,189 Mil. Alliance Bank Malaysia Bhd's average total debt for the quarter that ended in Dec. 2023 was RM1,697 Mil. Therefore, Alliance Bank Malaysia Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 70.05%.


Alliance Bank Malaysia Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for Alliance Bank Malaysia 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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Alliance Bank Malaysia Bhd Effective Interest Rate on Debt % Chart

Alliance Bank Malaysia Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.71 69.55 46.41 33.16 44.08

Alliance Bank Malaysia 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 45.14 54.87 62.70 67.11 70.05

Competitive Comparison of Alliance Bank Malaysia Bhd's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Alliance Bank Malaysia 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.


Alliance Bank Malaysia Bhd's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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



Alliance Bank Malaysia Bhd Effective Interest Rate on Debt % Calculation

Alliance Bank Malaysia Bhd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -745.683/( (1698.26+1684.753)/ 2 )
=-1  *  -745.683/1691.5065
=44.08 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1698.26 + 0
=1698.26

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1684.753 + 0
=1684.753

Alliance Bank Malaysia 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  *  -1188.872/( (1702.456+1692.103)/ 2 )
=-1  *  -1188.872/1697.2795
=70.05 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1702.456 + 0
=1702.456

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1692.103 + 0
=1692.103

* 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.


Alliance Bank Malaysia Bhd  (XKLS:2488) Effective Interest Rate on Debt % Explanation

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


Alliance Bank Malaysia Bhd Effective Interest Rate on Debt % Related Terms

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Alliance Bank Malaysia Bhd (XKLS:2488) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Jalan Munshi Abdullah, 3rd Floor, Menara Multi-Purpose, Capital Square, Kuala Lumpur, SGR, MYS, 50100
Alliance Bank Malaysia Bhd is a Malaysia-based company engaged in providing banking and financial services. Its segments consist of its consumer banking segment, which offers personal banking solutions, including mortgages, credit cards, and wealth management. The business banking segment consists of small and midsize enterprise and wholesale banking and offers products and services, such as cash management, trade finance, treasury, and structured solutions. The financial markets segment offers money market, hedging, foreign exchange, wealth management, and stockbroking and corporate advisory segment. The stockbroking and corporate advisory cover stockbroking activities and corporate advisory and other segments. It generates maximum revenue from the business banking segment.

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