Tsukishima Holdings Co (TSE:6332) Effective Interest Rate on Debt % : 0.65% (As of Dec. 2023)

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What is Tsukishima Holdings 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. Tsukishima Holdings Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円152 Mil. Tsukishima Holdings Co's average total debt for the quarter that ended in Dec. 2023 was 円23,540 Mil. Therefore, Tsukishima Holdings Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.65%.

Tsukishima Holdings Co Effective Interest Rate on Debt % Historical Data

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

Tsukishima Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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0.69

0.60

0.72

0.48

0.50

Tsukishima Holdings 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															0.61	0.67	0.52	0.56	0.65

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

For the Pollution & Treatment Controls subindustry, Tsukishima Holdings 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.

Tsukishima Holdings Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tsukishima Holdings Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Tsukishima Holdings Co Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -118	/	( (27764	+	19089)	/ 2 )
=	-1 * -118	/	23426.5
=	0.50 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17640	+	10124
=	27764

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15710	+	3379
=	19089

Tsukishima Holdings 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 * -152	/	( (16696	+	30384)	/ 2 )
=	-1 * -152	/	23540
=	0.65 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13737	+	2959
=	16696

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20838	+	9546
=	30384

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.

Tsukishima Holdings Co (TSE:6332) Effective Interest Rate on Debt % Explanation

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

Tsukishima Holdings Co Effective Interest Rate on Debt % Related Terms

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Tsukishima Holdings Co (TSE:6332) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tsukishima Holdings Co Ltd (TSE:6332) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

3-5-1, Harumi, Chuo-ku, Tokyo, JPN

Website

http://www.tsk-g.co.jp

Tsukishima Holdings Co Ltd is involved in environmental-related businesses operating in three segments Water Environment, Industrial, and Others. The Water Environment segment designs and constructs sludge disposal treatment plants for water filter and sewage treatment plants; singular machineries, as well as the operates, maintains, manages and repair water filters and sewage treatment plants. The Industrial segment is engaged in the design and construction of plants for chemicals, steel, foods, liquid waste disposal and solid waste disposal; the design, manufacture, and sale of crystallizers, filters, dryers, separators and gas holders, and the design and manufacture of vacuum technology applied devices, among others.

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