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Daiwa Heavy Industry Co (TSE:5610) Effective Interest Rate on Debt % : 0.83% (As of Dec. 2023)


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What is Daiwa Heavy Industry 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. Daiwa Heavy Industry Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円13 Mil. Daiwa Heavy Industry Co's average total debt for the quarter that ended in Dec. 2023 was 円1,630 Mil. Therefore, Daiwa Heavy Industry Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.83%.


Daiwa Heavy Industry Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Daiwa Heavy Industry 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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Daiwa Heavy Industry Co Effective Interest Rate on Debt % Chart

Daiwa Heavy Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.77 0.79 0.78 0.80

Daiwa Heavy Industry Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.79 0.78 0.79 0.83

Competitive Comparison of Daiwa Heavy Industry Co's Effective Interest Rate on Debt %

For the Building Products & Equipment subindustry, Daiwa Heavy Industry 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.


Daiwa Heavy Industry Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

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

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



Daiwa Heavy Industry Co Effective Interest Rate on Debt % Calculation

Daiwa Heavy Industry Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -13.215/( (1704.438+1619.336)/ 2 )
=-1  *  -13.215/1661.887
=0.80 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1704.438
=1704.438

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1619.336
=1619.336

Daiwa Heavy Industry Co'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  *  -13.484/( (1640+1619.336)/ 2 )
=-1  *  -13.484/1629.668
=0.83 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1619.336
=1619.336

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


Daiwa Heavy Industry Co  (TSE:5610) Effective Interest Rate on Debt % Explanation

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


Daiwa Heavy Industry Co Effective Interest Rate on Debt % Related Terms

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Daiwa Heavy Industry Co (TSE:5610) Business Description

Traded in Other Exchanges
N/A
Address
KOBE 1 - chome 21 - 23, Yasagi-ku, Hiroshima, JPN, 7310221
Daiwa Heavy Industry Co., Ltd. manufactures and processes castings for industry and home use. The operates through two divisions, industrial machinery related equipment division and housing-related equipment division. In the industrial machinery-related equipment division, it covers a range of castings in all areas. On the other hand, the housing-related equipment division is focusing on the casting enamel bathtub. The company is also putting efforts into landscape products and cast iron equipment for construction.

Daiwa Heavy Industry Co (TSE:5610) Headlines

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