Kirin Holdings Co (Kirin Holdings Co) Effective Interest Rate on Debt % : 3.47% (As of Dec. 2023)

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What is Kirin 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. Kirin Holdings Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $167 Mil. Kirin Holdings Co's average total debt for the quarter that ended in Dec. 2023 was $4,800 Mil. Therefore, Kirin Holdings Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.47%.

Kirin Holdings Co Effective Interest Rate on Debt % Historical Data

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

Kirin Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.02

1.48

1.12

1.10

1.73

Kirin 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															1.94	1.02	1.01	0.99	3.47

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

For the Beverages - Brewers subindustry, Kirin 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.

Kirin Holdings Co's Effective Interest Rate on Debt % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kirin Holdings Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Kirin Holdings Co Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -73.086	/	( (3877.418	+	4558.905)	/ 2 )
=	-1 * -73.086	/	4218.1615
=	1.73 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3029.038	+	848.38
=	3877.418

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3859.697	+	699.208
=	4558.905

Kirin 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 * -166.576	/	( (5041.787	+	4558.905)	/ 2 )
=	-1 * -166.576	/	4800.346
=	3.47 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3072.515	+	1969.272
=	5041.787

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3859.697	+	699.208
=	4558.905

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.

Kirin Holdings Co (OTCPK:KNBWY) Effective Interest Rate on Debt % Explanation

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

Kirin Holdings Co Effective Interest Rate on Debt % Related Terms

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Kirin Holdings Co (Kirin Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Kirin Holdings Co Ltd (OTCPK:KNBWY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

KNBWF:USA 2503:Japan KIR:Germany

Address

Nakano Central Park South, 10-2, Nakano 4-chome, Nakano-ku, Tokyo, JPN, 164-0001

Website

http://www.kirinholdings.co.jp

Kirin is the second largest brewer by value in Japan, with an estimated 35.7% volume share in beer and beer-like category as of 2022. It holds a top share in happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of acholic and soft beverage products in Japan. It made several acquisitions including Lion Nathan and National Foods in Oceania, the Brazilian brewer Schincariol, and Myanmar Brewery, but has divested most of the acquired businesses except Lion. It has shifted focus back to the domestic brewery after a painful exit from Brazil in 2017 and identified craft beer and wellness as new growth drivers. Overseas business represents about 40% of group's sales. It also owns a 48.6% stake in the largest Filipino brewer San Miguel.

Kirin Holdings Co (Kirin Holdings Co) Headlines

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