Alps Alpine Co (Alps Alpine Co) Effective Interest Rate on Debt % : 0.39% (As of Dec. 2023)

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What is Alps Alpine 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. Alps Alpine Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $3 Mil. Alps Alpine Co's average total debt for the quarter that ended in Dec. 2023 was $833 Mil. Therefore, Alps Alpine Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.39%.

Alps Alpine Co Effective Interest Rate on Debt % Historical Data

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

Alps Alpine Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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1.42

1.26

0.70

0.59

0.99

Alps Alpine 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															1.49	0.92	0.85	0.84	0.39

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

For the Electronic Components subindustry, Alps Alpine 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.

Alps Alpine Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Alps Alpine Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Alps Alpine Co Effective Interest Rate on Debt % Calculation

Alps Alpine 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 * -9.21	/	( (955.25	+	912.263)	/ 2 )
=	-1 * -9.21	/	933.7565
=	0.99 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	474.239	+	481.011
=	955.25

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	334.629	+	577.634
=	912.263

Alps Alpine 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 * -3.28	/	( (840.881	+	825.849)	/ 2 )
=	-1 * -3.28	/	833.365
=	0.39 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	304.684	+	536.197
=	840.881

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	316.186	+	509.663
=	825.849

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.

Alps Alpine Co (OTCPK:APELY) Effective Interest Rate on Debt % Explanation

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

Alps Alpine Co Effective Interest Rate on Debt % Related Terms

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Alps Alpine Co (Alps Alpine Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Alps Alpine Co Ltd (OTCPK:APELY) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

APELF:USA 6770:Japan ALE:Germany

Address

1-7, Yukigaya-otsukamachi, Ota-ku, Tokyo, JPN, 145-8501

Website

https://www.alpsalpine.com

Alps Alpine Co Ltd operates in two major business segments: electronic components, automotive infotainment, lodistics and others.. The electronic components segment develops, manufactures, and sells a broad range of electronic components in both consumer and automotive markets. The automotive infotainment segment develops, produces, and markets audio, information, and communication equipment. The company generates the majority of revenue from the electronic components segment and the automotive infotainment segment. It has a business presence worldwide, with the United States, Japan, China, and Germany its four largest markets.

Alps Alpine Co (Alps Alpine Co) Headlines

From GuruFocus

ALPS ALPINE CO., LTD. to Terminate Reporting Obligations with the U.S. Securities and Exchange Commission

By PRNewswire PRNewswire • 12-06-2019