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Eiken Industries Co (TSE:7265) Effective Interest Rate on Debt % : 0.39% (As of Jan. 2024)


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What is Eiken 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. Eiken Industries Co's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was 円2 Mil. Eiken Industries Co's average total debt for the quarter that ended in Jan. 2024 was 円486 Mil. Therefore, Eiken Industries Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 0.39%.


Eiken Industries Co Effective Interest Rate on Debt % Historical Data

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

Eiken Industries Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.41 0.40 0.38 0.38

Eiken Industries Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.40 0.40 0.41 0.43 0.39

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

For the Pollution & Treatment Controls subindustry, Eiken 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.


Eiken Industries Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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



Eiken Industries Co Effective Interest Rate on Debt % Calculation

Eiken Industries Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2022 )+Total Debt  (A: Oct. 2023 ))/ count )
=-1  *  -1.95/( (518.762+512.395)/ 2 )
=-1  *  -1.95/515.5785
=0.38 %

where

Total Debt  (A: Oct. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.04 + 499.722
=518.762

Total Debt  (A: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14.296 + 498.099
=512.395

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  -1.92/( (512.395+460)/ 2 )
=-1  *  -1.92/486.1975
=0.39 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14.296 + 498.099
=512.395

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


Eiken Industries Co  (TSE:7265) Effective Interest Rate on Debt % Explanation

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


Eiken Industries Co Effective Interest Rate on Debt % Related Terms

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Eiken Industries Co (TSE:7265) Business Description

Traded in Other Exchanges
N/A
Address
1370 Kadoya, Omaezaki-shi, Shizuoka, JPN, 437-1698
Eiken Industries Co Ltd is a Japan based company filtration equipment manufacturer. It is engaged in manufacturing filers for internal combustion engines and special filters for industrial use. The products offered by the company include oil filter, air filter, fuel filter, cabin filter and burners.

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