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Shinko Electric Industries Co (TSE:6967) Effective Interest Rate on Debt % : 0.23% (As of Mar. 2024)


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What is Shinko Electric Industries 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. Shinko Electric Industries Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was 円68 Mil. Shinko Electric Industries Co's average total debt for the quarter that ended in Mar. 2024 was 円30,000 Mil. Therefore, Shinko Electric Industries Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.23%.


Shinko Electric Industries Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shinko Electric Industries 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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Shinko Electric Industries Co Effective Interest Rate on Debt % Chart

Shinko Electric Industries Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.23 0.23 0.21 0.22

Shinko Electric Industries Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.21 0.21 0.23 0.23 0.23

Competitive Comparison of Shinko Electric Industries Co's Effective Interest Rate on Debt %

For the Semiconductor Equipment & Materials subindustry, Shinko Electric Industries 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.


Shinko Electric Industries Co's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shinko Electric Industries Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Shinko Electric Industries Co Effective Interest Rate on Debt % Calculation

Shinko Electric Industries Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2023 )+Total Debt  (A: Mar. 2024 ))/ count )
=-1  *  -67/( (30000+30000)/ 2 )
=-1  *  -67/30000
=0.22 %

where

Shinko Electric Industries Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -68/( (30000+30000)/ 2 )
=-1  *  -68/30000
=0.23 %

where

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


Shinko Electric Industries Co  (TSE:6967) Effective Interest Rate on Debt % Explanation

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


Shinko Electric Industries Co Effective Interest Rate on Debt % Related Terms

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Shinko Electric Industries Co (TSE:6967) Business Description

Traded in Other Exchanges
Address
80, Oshimada-machi, Nagano-shi, Nagano, JPN, 381-2287
Shinko Electric Industries Co Ltd is an integrated manufacturer of semiconductor packages. It houses eight core technologies that include hermetic seal technology, ceramic technology, multilayer build-up technology, integrated circuit assembly technology, and many others. Integrated circuit packages are the leading revenue generator, but hermetic seal tech is the traditional offering from Shinko. It connects glass and ceramics to various metals and is used in areas such as semiconductor lasers, and sensors for in-car use. The company also produces simulation technology that encompasses signal and power integrity of high-speed transmission lines and other solutions needed for high-performance semiconductor packages. Offices are located globally to serve a host of different industries.

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