Sanyo Shokai (TSE:8011) Effective Interest Rate on Debt % : 1.53% (As of Nov. 2023)

View and export this data going back to 1971. Start your Free Trial

What is Sanyo Shokai 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. Sanyo Shokai's annualized positive value of Interest Expense for the quarter that ended in Nov. 2023 was 円104 Mil. Sanyo Shokai's average total debt for the quarter that ended in Nov. 2023 was 円6,800 Mil. Therefore, Sanyo Shokai's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 was 1.53%.

Sanyo Shokai Effective Interest Rate on Debt % Historical Data

The historical data trend for Sanyo Shokai'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.

Sanyo Shokai Effective Interest Rate on Debt % Chart

Sanyo Shokai Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Feb21

Feb22

Feb23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

1.08

0.84

1.00

1.13

1.28

Sanyo Shokai Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.31	1.39	1.39	1.53	1.53

Competitive Comparison of Sanyo Shokai's Effective Interest Rate on Debt %

For the Apparel Manufacturing subindustry, Sanyo Shokai'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.

Sanyo Shokai's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sanyo Shokai's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Sanyo Shokai's Effective Interest Rate on Debt % falls into.

Sanyo Shokai Effective Interest Rate on Debt % Calculation

Sanyo Shokai's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2022 )	+	Total Debt (A: Feb. 2023 ))	/ count )
=	-1 * -98	/	( (7756	+	7567)	/ 2 )
=	-1 * -98	/	7661.5
=	1.28 %

where

	Total Debt (A: Feb. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1761	+	5995
=	7756

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3864	+	3703
=	7567

Sanyo Shokai's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Aug. 2023 )	+	Total Debt (Q: Nov. 2023 ))	/ count )
=	-1 * -104	/	( (6800	+	6800)	/ 2 )
=	-1 * -104	/	6800
=	1.53 %

where

	Total Debt (Q: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3000	+	3800
=	6800

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3965	+	2835
=	6800

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 (Nov. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Sanyo Shokai (TSE:8011) Effective Interest Rate on Debt % Explanation

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

Sanyo Shokai Effective Interest Rate on Debt % Related Terms

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

Sanyo Shokai (TSE:8011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sanyo Shokai Ltd (TSE:8011) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-14 Honshiocho, Shinjuku-ku, Tokyo, JPN, 160-0003

Website

https://www.sanyo-shokai.co.jp

Sanyo Shokai Ltd is a Japan-based company, engages in the manufacture and sale of textile products. It is involved in the business of manufacturing and sale of men's clothing, ladies and accessories sales of products at department stores, specialty shops, directly managed stores nationwide. It is also engaged in the business of the lease and rent of real estate properties.

Sanyo Shokai (TSE:8011) Headlines

No Headlines