Taisei (Taisei) Effective Interest Rate on Debt % : 0.40% (As of Dec. 2023)

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

What is Taisei 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. Taisei's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $7 Mil. Taisei's average total debt for the quarter that ended in Dec. 2023 was $1,743 Mil. Therefore, Taisei's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.40%.

Taisei Effective Interest Rate on Debt % Historical Data

The historical data trend for Taisei'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.

Taisei Effective Interest Rate on Debt % Chart

Taisei Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

0.53

0.45

0.39

0.38

Taisei 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															0.46	0.41	0.41	0.49	0.40

Competitive Comparison of Taisei's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Taisei'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.

Taisei's Effective Interest Rate on Debt % Distribution in the Construction Industry

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

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

Taisei Effective Interest Rate on Debt % Calculation

Taisei'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 * -6.442	/	( (1899.46	+	1516.95)	/ 2 )
=	-1 * -6.442	/	1708.205
=	0.38 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	902.356	+	997.104
=	1899.46

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	901.056	+	615.894
=	1516.95

Taisei'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 * -7	/	( (1377.497	+	2107.715)	/ 2 )
=	-1 * -7	/	1742.606
=	0.40 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	739.552	+	637.945
=	1377.497

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	890.031	+	1217.684
=	2107.715

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.

Taisei (OTCPK:TISCY) Effective Interest Rate on Debt % Explanation

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

Taisei Effective Interest Rate on Debt % Related Terms

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

Taisei (Taisei) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Taisei Corp (OTCPK:TISCY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

TISCF:USA 1801:Japan TKK1:Germany

Address

Shinjuku Center Building, 1-25-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0606

Website

http://www.taisei.co.jp

Taisei Corp provides civil engineering and building development services in many different areas. It enters contracts to develop and enhance urbanization in designated regions. The company has four operating segments: civil engineering (majority of total revenue), building construction, real estate development, and other. It participates in all phases of project development, including planning, design, construction, and aftermarket services. Multiple projects are conducted simultaneously as the company showcases its expansive network and technical know-how. Taisei's projects range from traffic infrastructure and tunnels to airport facilities and high-rise building offices. Customers in Japan account for majority of total sales.

Taisei (Taisei) Headlines

No Headlines