Sougou Shouken Co (TSE:7850) Effective Interest Rate on Debt % : 0.77% (As of Jan. 2024)

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What is Sougou Shouken 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. Sougou Shouken Co's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was 円46 Mil. Sougou Shouken Co's average total debt for the quarter that ended in Jan. 2024 was 円6,023 Mil. Therefore, Sougou Shouken Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 0.77%.

Sougou Shouken Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Sougou Shouken 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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Sougou Shouken Co Effective Interest Rate on Debt % Chart

Sougou Shouken Co Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Effective Interest Rate on Debt %

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0.93

0.83

0.73

0.80

0.83

Sougou Shouken 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															0.82	0.63	0.79	0.56	0.77

Competitive Comparison of Sougou Shouken Co's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, Sougou Shouken 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.

Sougou Shouken Co's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sougou Shouken Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Sougou Shouken Co Effective Interest Rate on Debt % Calculation

Sougou Shouken Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2022 )	+	Total Debt (A: Jul. 2023 ))	/ count )
=	-1 * -36.759	/	( (4761.995	+	4112.746)	/ 2 )
=	-1 * -36.759	/	4437.3705
=	0.83 %

where

	Total Debt (A: Jul. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3423.905	+	1338.09
=	4761.995

	Total Debt (A: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2884.656	+	1228.09
=	4112.746

Sougou Shouken 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 * -46.14	/	( (7390.083	+	4655.009)	/ 2 )
=	-1 * -46.14	/	6022.546
=	0.77 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2675.963	+	4714.12
=	7390.083

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2552.898	+	2102.111
=	4655.009

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.

Sougou Shouken Co (TSE:7850) Effective Interest Rate on Debt % Explanation

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

Sougou Shouken Co Effective Interest Rate on Debt % Related Terms

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Sougou Shouken Co (TSE:7850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sougou Shouken Co Ltd (TSE:7850) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

3-4-48 Higashi-Naebo2jo, Higashi-ku, Hokkaido, Sapporo, JPN, 007-0802

Website

http://www.shouken.co.jp

Sougou Shouken Co Ltd provides commercial printing services in Japan. It is engaged in planning, design, printing, and processing of leaflets, catalogs, posters, DMs, POPs, and publications. Its services include advertising inserts and flyers, POP advertising, Postures, and brochures, among others. It is also involved in printing new year cards and the production of the exhibition, seminar, and various promotional materials for event planning and sales promotion.

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