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Toyo Asano Foundation Co (TSE:5271) Effective Interest Rate on Debt % : 0.79% (As of Feb. 2024)


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What is Toyo Asano Foundation 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. Toyo Asano Foundation Co's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was 円47 Mil. Toyo Asano Foundation Co's average total debt for the quarter that ended in Feb. 2024 was 円5,987 Mil. Therefore, Toyo Asano Foundation Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 0.79%.


Toyo Asano Foundation Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Toyo Asano Foundation 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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Toyo Asano Foundation Co Effective Interest Rate on Debt % Chart

Toyo Asano Foundation Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 0.96 0.89 0.85 0.82

Toyo Asano Foundation 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 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 0.80 0.84 0.81 0.84 0.79

Competitive Comparison of Toyo Asano Foundation Co's Effective Interest Rate on Debt %

For the Building Products & Equipment subindustry, Toyo Asano Foundation 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.


Toyo Asano Foundation Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Toyo Asano Foundation Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Toyo Asano Foundation Co Effective Interest Rate on Debt % Calculation

Toyo Asano Foundation 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  *  -49.615/( (6163.104+5877.891)/ 2 )
=-1  *  -49.615/6020.4975
=0.82 %

where

Total Debt  (A: Feb. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3801.643 + 2361.461
=6163.104

Total Debt  (A: Feb. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4045.059 + 1832.832
=5877.891

Toyo Asano Foundation Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2023 )+Total Debt  (Q: Feb. 2024 ))/ count )
=-1  *  -47.072/( (6095.265+5877.891)/ 2 )
=-1  *  -47.072/5986.578
=0.79 %

where

Total Debt  (Q: Nov. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4261.929 + 1833.336
=6095.265

Total Debt  (Q: Feb. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4045.059 + 1832.832
=5877.891

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


Toyo Asano Foundation Co  (TSE:5271) Effective Interest Rate on Debt % Explanation

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


Toyo Asano Foundation Co Effective Interest Rate on Debt % Related Terms

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Toyo Asano Foundation Co (TSE:5271) Business Description

Traded in Other Exchanges
N/A
Address
315-2 Ichihara, Shizuoka Prefecture, Numazu, JPN, 410-0312
Toyo Asano Foundation Co Ltd is a Japan-based company engages in the manufacture and sale of concrete piles including fiberglass-reinforced concrete products.

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