Aozora Bank (Aozora Bank) Effective Interest Rate on Debt % : 17.46% (As of Dec. 2023)

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What is Aozora Bank 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. Aozora Bank's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $925.2 Mil. Aozora Bank's average total debt for the quarter that ended in Dec. 2023 was $5,298.8 Mil. Therefore, Aozora Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 17.46%.

Aozora Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for Aozora Bank'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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Aozora Bank Effective Interest Rate on Debt % Chart

Aozora Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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6.85

2.73

2.36

9.06

16.46

Aozora Bank 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															14.11	15.95	16.31	17.46	16.28

Competitive Comparison of Aozora Bank's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Aozora Bank'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.

Aozora Bank's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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

Aozora Bank Effective Interest Rate on Debt % Calculation

Aozora Bank'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 * -830.084	/	( (5112.704	+	4970.658)	/ 2 )
=	-1 * -830.084	/	5041.681
=	16.46 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5112.704	+	0
=	5112.704

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4970.658	+	0
=	4970.658

Aozora Bank'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 * -925.228	/	( (5287.801	+	5309.793)	/ 2 )
=	-1 * -925.228	/	5298.797
=	17.46 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5287.801	+	0
=	5287.801

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5309.793	+	0
=	5309.793

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.

Aozora Bank (OTCPK:AOZOF) Effective Interest Rate on Debt % Explanation

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

Aozora Bank Effective Interest Rate on Debt % Related Terms

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Aozora Bank (Aozora Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Aozora Bank Ltd (OTCPK:AOZOF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

AOZOY:USA 8304:Japan AON0:Germany

Address

3-1, Kudan-minami 1-chome, Chiyoda-ku, Tokyo, JPN, 102-8660

Website

http://www.aozorabank.co.jp

Aozora Bank Ltd is a full-service commercial bank with operations primarily in Japan. The bank's activities are divided into six areas of focus, including retail banking, corporate finance, financial institutions, specialty finance, international, and financial markets. Most of its retail banking activities are focused on asset management consulting activities to drive sales of investment products, primarily in investment trusts and structured notes. Corporate finance is mostly focused on providing solutions to small and medium-sized enterprises. Its specialty finance business is mostly focused on real estate and business recovery. Aozora's financial markets business mostly engages in derivatives along with asset and liability management.