Mitsui O.S.K. Lines (Mitsui O.S.K. Lines) Effective Interest Rate on Debt % : 1.22% (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Mitsui O.S.K. Lines 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. Mitsui O.S.K. Lines's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $104 Mil. Mitsui O.S.K. Lines's average total debt for the quarter that ended in Dec. 2023 was $8,511 Mil. Therefore, Mitsui O.S.K. Lines's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.22%.

Mitsui O.S.K. Lines Effective Interest Rate on Debt % Historical Data

The historical data trend for Mitsui O.S.K. Lines'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.

Mitsui O.S.K. Lines Effective Interest Rate on Debt % Chart

Mitsui O.S.K. Lines Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

1.53

1.18

1.08

1.52

1.42

Mitsui O.S.K. Lines 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															1.66	1.94	1.84	1.22	0.88

Competitive Comparison of Mitsui O.S.K. Lines's Effective Interest Rate on Debt %

For the Marine Shipping subindustry, Mitsui O.S.K. Lines'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.

Mitsui O.S.K. Lines's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mitsui O.S.K. Lines's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Mitsui O.S.K. Lines's Effective Interest Rate on Debt % falls into.

Mitsui O.S.K. Lines Effective Interest Rate on Debt % Calculation

Mitsui O.S.K. Lines'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 * -122.201	/	( (8612.352	+	8615.466)	/ 2 )
=	-1 * -122.201	/	8613.909
=	1.42 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5250.542	+	3361.81
=	8612.352

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6118.319	+	2497.147
=	8615.466

Mitsui O.S.K. Lines'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 * -104.208	/	( (8532.01	+	8490.348)	/ 2 )
=	-1 * -104.208	/	8511.179
=	1.22 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5011.404	+	3520.606
=	8532.01

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5840.834	+	2649.514
=	8490.348

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.

Mitsui O.S.K. Lines (OTCPK:MSLOY) Effective Interest Rate on Debt % Explanation

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

Mitsui O.S.K. Lines Effective Interest Rate on Debt % Related Terms

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

Mitsui O.S.K. Lines (Mitsui O.S.K. Lines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Mitsui O.S.K. Lines Ltd (OTCPK:MSLOY) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

MSLOF:USA 9104:Japan MILA:Germany MILA:Germany

Address

1-1, Toranomon 2-chome, Shosen Mitsui Building, Minato-ku, Tokyo, JPN, 105-8688

Website

http://www.mol.co.jp

Mitsui O.S.K. Lines is a Japanese transportation and logistics company. It operates through five segments: dry bulk, energy transport, product transport, associated businesses, and other. The product transport business is the largest contributor to revenue. Product transport largely focuses on the ownership and operation of containerships, followed by logistics services, car carriers, and inshore ferries. Dry bulk involves transporting materials such as iron ore, coal, grains, wood, cement, salt, and more via company-owned and operated bulk carriers. The energy transport business uses Mitsui tankers to ship crude oil, naphtha, liquefied natural gas, and other energy products. Most revenue is generated domestically in Japan.

Mitsui O.S.K. Lines (Mitsui O.S.K. Lines) Headlines

No Headlines