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Sekisui Chemical Co (Sekisui Chemical Co) Effective Interest Rate on Debt % : 0.79% (As of Mar. 2024)


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What is Sekisui 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. Sekisui Chemical Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $6 Mil. Sekisui Chemical Co's average total debt for the quarter that ended in Mar. 2024 was $822 Mil. Therefore, Sekisui Chemical Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.79%.

Sekisui Chemical Co Effective Interest Rate on Debt % Historical Data

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

Sekisui 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 0.82 0.67 0.57 0.67 0.86

Sekisui 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 0.88 0.89 1.09 0.82 0.79

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

For the Conglomerates subindustry, Sekisui 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.

Sekisui Chemical Co's Effective Interest Rate on Debt % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sekisui Chemical Co's Effective Interest Rate on Debt % distribution charts can be found below:

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


Sekisui Chemical Co Effective Interest Rate on Debt % Calculation

Sekisui 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  *  -7.362/( (901.19+805.794)/ 2 )
=-1  *  -7.362/853.492
=0.86 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=835.915 + 65.275
=901.19

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=692.11 + 113.684
=805.794

Sekisui Chemical Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -6.488/( (838.08+805.794)/ 2 )
=-1  *  -6.488/821.937
=0.79 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=720.176 + 117.904
=838.08

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=692.11 + 113.684
=805.794

* 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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Sekisui Chemical Co  (OTCPK:SKSUY) Effective Interest Rate on Debt % Explanation

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

Sekisui Chemical Co Effective Interest Rate on Debt % Related Terms

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Sekisui Chemical Co (Sekisui Chemical Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sekisui Chemical Co Ltd (OTCPK:SKSUY) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
TSE:9041 TSE:9435 TSE:2768 TSE:9042 TSE:9008 TSE:9024 TSE:9048 TSE:8088 TSE:9045 TSE:9006 ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI HKSE:00267 TSE:8002
Traded in Other Exchanges
SKSUF:USA 4204:Japan SUI:Germany
Address
4-4, Nishitenma 2-Chome, Kita-ku, Osaka, JPN, 530-8565
Website
http://www.sekisui.co.jp
Sekisui Chemical Co., Ltd. is a Japanese diversified holding company that owns a high-performance-plastics company, a residential construction company, and an urban infrastructure company. The plastics part of the business focuses on the production of materials for electronics, transportation, and buildings. The residential construction segment builds single-family and multiunit housing in Japan. The company's unit construction method allows prebuilt modular components to be assembled at various plants, which reduces construction time on-site. Sekisui's urban infrastructure products and industrial piping are used in mass transit and buildings. High-performance plastics and residential construction account for the majority of the company's revenue.

Sekisui Chemical Co (Sekisui Chemical Co) Headlines

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