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Qualtec Co (TSE:9165) Effective Interest Rate on Debt % : 0.75% (As of Jun. 2023)


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What is Qualtec 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. Qualtec Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was 円2 Mil. Qualtec Co's average total debt for the quarter that ended in Jun. 2023 was 円324 Mil. Therefore, Qualtec Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 0.75%.

Qualtec Co Effective Interest Rate on Debt % Historical Data

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

Qualtec Co Annual Data
Trend Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
0.82 1.52 0.75

Qualtec Co Semi-Annual Data
Jun21 Jun22 Jun23
Effective Interest Rate on Debt % 0.82 1.52 0.75

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

For the Specialty Business Services subindustry, Qualtec 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.

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

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

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


Qualtec Co Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -2.441/( (393.659+254.928)/ 2 )
=-1  *  -2.441/324.2935
=0.75 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=221.612 + 172.047
=393.659

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=77.183 + 177.745
=254.928

Qualtec Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2022 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -2.441/( (393.659+254.928)/ 2 )
=-1  *  -2.441/324.2935
=0.75 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=221.612 + 172.047
=393.659

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=77.183 + 177.745
=254.928

* 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 one times the annual (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Qualtec Co  (TSE:9165) Effective Interest Rate on Debt % Explanation

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

Qualtec Co Effective Interest Rate on Debt % Related Terms

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Qualtec Co (TSE:9165) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Qualtec Co Ltd (TSE:9165) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
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Traded in Other Exchanges
N/A
Address
4-230 Sanbo-cho, Sakai-ku Sakai-shi, Osaka, JPN, 590-0906
Website
https://www.qualtec.co.jp
Qualtec Co Ltd Provides failure analysis and reliability testing of electronic components and is also engaged in the development and sale of testing equipment; fine processing of electronic components; Microfabrication centered on laser processing and surface treatment (plating) technology etc.

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