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Shin-Etsu Chemical Co (Shin-Etsu Chemical Co) Effective Interest Rate on Debt % : 16.84% (As of Dec. 2023)


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What is Shin-Etsu Chemical Co 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. Shin-Etsu Chemical Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $31 Mil. Shin-Etsu Chemical Co's average total debt for the quarter that ended in Dec. 2023 was $184 Mil. Therefore, Shin-Etsu Chemical Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 16.84%.


Shin-Etsu Chemical Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shin-Etsu Chemical Co'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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Shin-Etsu Chemical Co Effective Interest Rate on Debt % Chart

Shin-Etsu Chemical Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.98 2.83 3.24 4.65 5.20

Shin-Etsu Chemical Co 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 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 5.12 8.96 - 16.84 6.03

Competitive Comparison of Shin-Etsu Chemical Co's Effective Interest Rate on Debt %

For the Chemicals subindustry, Shin-Etsu Chemical Co'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.


Shin-Etsu Chemical Co's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shin-Etsu Chemical Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shin-Etsu Chemical Co's Effective Interest Rate on Debt % falls into.



Shin-Etsu Chemical Co Effective Interest Rate on Debt % Calculation

Shin-Etsu Chemical Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2023 )+Total Debt  (A: Mar. 2024 ))/ count )
=-1  *  -10.019/( (223.022+162.19)/ 2 )
=-1  *  -10.019/192.606
=5.20 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=140.741 + 82.281
=223.022

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=92.866 + 69.324
=162.19

Shin-Etsu Chemical Co'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  *  -31.032/( (190.706+177.807)/ 2 )
=-1  *  -31.032/184.2565
=16.84 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=124.549 + 66.157
=190.706

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=129.822 + 47.985
=177.807

* 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.


Shin-Etsu Chemical Co  (OTCPK:SHECY) Effective Interest Rate on Debt % Explanation

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


Shin-Etsu Chemical Co Effective Interest Rate on Debt % Related Terms

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Shin-Etsu Chemical Co (Shin-Etsu Chemical Co) Business Description

Traded in Other Exchanges
Address
6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-0004
Shin-Etsu Chemical Co Ltd is a Japan-based company primarily engaged in chemical business. The company operates in six business segments namely Poly Vinyl Chloride, Specialty Chemicals, Silicon, Semiconductor Silicon, Electronic and Functional Materials and Diversified business. It derives majority of revenue through Poly Vinyl Chloride segment which manufactures and sells vinyl chloride, caustic soda products, chloromethane and methanol. The group is also involved in manufacturing and selling of various other chemical products such as Polyvinyl alcohol, Synthetic pheromones, Rare-earth magnets for electronics industry and general applications, Photoresists, Photomask blanks and others. Geographically, it operates from the market of Japan and its business is amplifying across the globe.

Shin-Etsu Chemical Co (Shin-Etsu Chemical Co) Headlines

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