Daiseki Co (Daiseki Co) Effective Interest Rate on Debt % : 0.33% (As of Nov. 2023)

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What is Daiseki 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. Daiseki Co's annualized positive value of Interest Expense for the quarter that ended in Nov. 2023 was $0.1 Mil. Daiseki Co's average total debt for the quarter that ended in Nov. 2023 was $33.1 Mil. Therefore, Daiseki Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 was 0.33%.

Daiseki Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Daiseki 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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Daiseki Co Effective Interest Rate on Debt % Chart

Daiseki Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Effective Interest Rate on Debt %

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0.17

0.12

0.13

0.15

0.41

Daiseki Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.12	0.27	0.43	0.33	0.41

Competitive Comparison of Daiseki Co's Effective Interest Rate on Debt %

For the Waste Management subindustry, Daiseki 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.

Daiseki Co's Effective Interest Rate on Debt % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Daiseki Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Daiseki Co Effective Interest Rate on Debt % Calculation

Daiseki Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2023 )	+	Total Debt (A: Feb. 2024 ))	/ count )
=	-1 * -0.12	/	( (24.751	+	33.6)	/ 2 )
=	-1 * -0.12	/	29.1755
=	0.41 %

where

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.464	+	19.287
=	24.751

	Total Debt (A: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18.782	+	14.818
=	33.6

Daiseki Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Aug. 2023 )	+	Total Debt (Q: Nov. 2023 ))	/ count )
=	-1 * -0.108	/	( (35.385	+	30.799)	/ 2 )
=	-1 * -0.108	/	33.092
=	0.33 %

where

	Total Debt (Q: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22.068	+	13.317
=	35.385

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.989	+	10.81
=	30.799

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 (Nov. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Daiseki Co (OTCPK:DSKIF) Effective Interest Rate on Debt % Explanation

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

Daiseki Co Effective Interest Rate on Debt % Related Terms

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Daiseki Co (Daiseki Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Daiseki Co Ltd (OTCPK:DSKIF) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

9793:Japan

Address

1-86 Funami-cho Minato-ku, Aichi, Nagoya, JPN, 4558505

Website

http://www.daiseki.co.jp

Daiseki Co Ltd provides industrial waste treatment and resource recycling throughout Japan. Its core business activities are treating waste oil, waste water, and sludge. It collects and recycles oils and waste water from clients and processes the waste into heavy oil or supplemental fuel. Separators and filters remove deteriorated components, and other systems either refine or adjust products into reusable form. Final products are either delivered back to clients or shipped to market. Advanced technology partners with experienced employees to analyze and classify the particular waste to determine the correct solution; methods revolve around dehydration, kneading, and a combination of mixing and chemical treatment.

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