Panasonic Holdings (Panasonic Holdings) Effective Interest Rate on Debt % : 1.80% (As of Dec. 2023)

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What is Panasonic Holdings 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. Panasonic Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $203 Mil. Panasonic Holdings's average total debt for the quarter that ended in Dec. 2023 was $11,249 Mil. Therefore, Panasonic Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.80%.

Panasonic Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Panasonic Holdings'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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Panasonic Holdings Effective Interest Rate on Debt % Chart

Panasonic Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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1.80

2.79

1.27

1.11

1.18

Panasonic Holdings 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															1.59	1.39	1.32	1.64	1.80

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

For the Consumer Electronics subindustry, Panasonic Holdings'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.

Panasonic Holdings's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Panasonic Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Panasonic Holdings Effective Interest Rate on Debt % Calculation

Panasonic Holdings'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 * -158.105	/	( (16000.384	+	10901.243)	/ 2 )
=	-1 * -158.105	/	13450.8135
=	1.18 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11839.288	+	4161.096
=	16000.384

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9261.867	+	1639.376
=	10901.243

Panasonic Holdings'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 * -202.664	/	( (11429.923	+	11068.325)	/ 2 )
=	-1 * -202.664	/	11249.124
=	1.80 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9403.429	+	2026.494
=	11429.923

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9563.875	+	1504.45
=	11068.325

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.

Panasonic Holdings (OTCPK:PCRFY) Effective Interest Rate on Debt % Explanation

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

Panasonic Holdings Effective Interest Rate on Debt % Related Terms

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Panasonic Holdings (Panasonic Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Panasonic Holdings Corp (OTCPK:PCRFY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

PCRFF:USA 6752:Japan MAT1:Germany MAT1:Austria

Address

1006, Oaza Kadoma, Kadoma-shi, Osaka, JPN, 571-8501

Website

https://holdings.panasonic

Panasonic Holdings is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: lifestyle (white appliances and housing products); automotive (cockpit systems); connect (BtoB businesses); industry (FA products, electronic materials, and devices); and energy (rechargeable batteries). After the crisis in 2012, former president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.