Jason Co (TSE:3080) Effective Interest Rate on Debt % : 0.55% (As of Nov. 2023)

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What is Jason 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. Jason Co's annualized positive value of Interest Expense for the quarter that ended in Nov. 2023 was 円6 Mil. Jason Co's average total debt for the quarter that ended in Nov. 2023 was 円1,103 Mil. Therefore, Jason Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 was 0.55%.

Jason Co Effective Interest Rate on Debt % Historical Data

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

Jason Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Effective Interest Rate on Debt %

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0.39

0.38

0.43

0.34

0.46

Jason Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.53	0.56	0.53	0.56	0.55

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

For the Discount Stores subindustry, Jason 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.

Jason Co's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Jason Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Jason Co Effective Interest Rate on Debt % Calculation

Jason Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2022 )	+	Total Debt (A: Feb. 2023 ))	/ count )
=	-1 * -4.595	/	( (896.784	+	1092.1)	/ 2 )
=	-1 * -4.595	/	994.442
=	0.46 %

where

	Total Debt (A: Feb. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	262.95	+	633.834
=	896.784

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	425.122	+	666.978
=	1092.1

Jason 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 * -6.076	/	( (1025.634	+	1180.718)	/ 2 )
=	-1 * -6.076	/	1103.176
=	0.55 %

where

	Total Debt (Q: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	385.376	+	640.258
=	1025.634

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	379.941	+	800.777
=	1180.718

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.

Jason Co (TSE:3080) Effective Interest Rate on Debt % Explanation

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

Jason Co Effective Interest Rate on Debt % Related Terms

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Jason Co (TSE:3080) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Jason Co Ltd (TSE:3080) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-8-5 Otsugaoka, Chiba Prefecture, Kashiwa, JPN

Website

http://www.jason.co.jp

Jason Co Ltd is engaged in comprehensive retailing of household necessities. It operates discount stores. The Company sells clothing and interior, household goods, foodstuffs in general, processed meat, general alcoholic beverages, stationery, pet supplies, baby supplies, cosmetics, watches, gardening products. Its subsidiaries are engaged in procurement of goods to supplement operations.

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