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Wavelock Holdings Co (TSE:7940) Effective Interest Rate on Debt % : 0.64% (As of Dec. 2023)


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What is Wavelock 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. Wavelock Holdings Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円31 Mil. Wavelock Holdings Co's average total debt for the quarter that ended in Dec. 2023 was 円4,779 Mil. Therefore, Wavelock Holdings Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.64%.


Wavelock Holdings Co Effective Interest Rate on Debt % Historical Data

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

Wavelock Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 0.76 0.80 0.90 0.75 0.69

Wavelock 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 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 0.79 0.84 0.66 0.76 0.64

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

For the Specialty Chemicals subindustry, Wavelock 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.


Wavelock Holdings Co's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Wavelock Holdings Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Wavelock Holdings Co Effective Interest Rate on Debt % Calculation

Wavelock 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  *  -26.453/( (4149.49+3494.745)/ 2 )
=-1  *  -26.453/3822.1175
=0.69 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1321.829 + 2827.661
=4149.49

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=639.234 + 2855.511
=3494.745

Wavelock 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  *  -30.652/( (4703.648+4853.85)/ 2 )
=-1  *  -30.652/4778.749
=0.64 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1242.06 + 3461.588
=4703.648

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2312.61 + 2541.24
=4853.85

* 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.


Wavelock Holdings Co  (TSE:7940) Effective Interest Rate on Debt % Explanation

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


Wavelock Holdings Co Effective Interest Rate on Debt % Related Terms

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Wavelock Holdings Co (TSE:7940) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, No. 1 Akashi-cho, St. Road Tower, 13th Floor, Chuo-ku, Tokyo, JPN, 104-0044
Wavelock Holdings Co Ltd manufactures and sells household goods related products in Japan. The company offers construction/ civil engineering related materials, wallpapers; smoke-free walls; door screens, insect repellent nets, gardening nets and plastic sheets, tear tapes, metal decorating films, Packaging related materials, Agriculture related materials, Automotive/ weak electric materials and processed products. It also processes and sells and provides consulting services to synthetic resins and various materials.

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