GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Kato Works Co Ltd (TSE:6390) » Definitions » Effective Interest Rate on Debt %

Kato Works Co (TSE:6390) Effective Interest Rate on Debt % : 1.16% (As of Dec. 2023)


View and export this data going back to 1962. Start your Free Trial

What is Kato Works 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. Kato Works Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円364 Mil. Kato Works Co's average total debt for the quarter that ended in Dec. 2023 was 円31,371 Mil. Therefore, Kato Works Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.16%.


Kato Works Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Kato Works 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.

* Premium members only.

Kato Works Co Effective Interest Rate on Debt % Chart

Kato Works Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.62 0.55 0.69 0.81

Kato Works 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 0.66 0.88 0.98 1.14 1.16

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

For the Farm & Heavy Construction Machinery subindustry, Kato Works 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.


Kato Works Co's Effective Interest Rate on Debt % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kato Works Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Kato Works Co Effective Interest Rate on Debt % Calculation

Kato Works 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  *  -294/( (38982+33206)/ 2 )
=-1  *  -294/36094
=0.81 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=20782 + 18200
=38982

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14830 + 18376
=33206

Kato Works 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  *  -364/( (29234+33508)/ 2 )
=-1  *  -364/31371
=1.16 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10037 + 19197
=29234

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12241 + 21267
=33508

* 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.


Kato Works Co  (TSE:6390) Effective Interest Rate on Debt % Explanation

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


Kato Works Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Kato Works Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Kato Works Co (TSE:6390) Business Description

Traded in Other Exchanges
N/A
Address
9-37, Higashi-ohi 1-chome, Shinagawa-ku, Tokyo, JPN, 140-0011
Kato Works Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the manufacturing and sales of machinery used for lifting and construction industries. It offers various construction equipments, mobile cranes and industrial equipments including truck cranes, hydraulic excavators, rough terrain cranes, all terrain cranes, crawler cranes, mini excavators, earth boring rigs, vacuum truck, street sweepers, and snow sweepers. Kato also offers parts and services. It has Global network with presence in Iceland, Norway, Netherlands, Ireland, South Africa, Australia, Fiji, Colombia, Taiwan, Bangladesh, Turkey, Kuwait, Iraq, Iran, South Korea, among others.

Kato Works Co (TSE:6390) Headlines

No Headlines