Tsuruha Holdings (TSE:3391) Effective Interest Rate on Debt % : 3.08% (As of Feb. 2024)

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What is Tsuruha Holdings 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. Tsuruha Holdings's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was 円1,592 Mil. Tsuruha Holdings's average total debt for the quarter that ended in Feb. 2024 was 円51,644 Mil. Therefore, Tsuruha Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 3.08%.

Tsuruha Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Tsuruha Holdings'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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Tsuruha Holdings Effective Interest Rate on Debt % Chart

Tsuruha Holdings Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Effective Interest Rate on Debt %

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4.56

3.93

2.52

1.70

2.36

Tsuruha Holdings Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.09	3.54	2.77	2.87	3.08

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

For the Pharmaceutical Retailers subindustry, Tsuruha Holdings'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.

Tsuruha Holdings's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Tsuruha Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Tsuruha Holdings Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: May. 2022 )	+	Total Debt (A: May. 2023 ))	/ count )
=	-1 * -1301	/	( (55520	+	54863)	/ 2 )
=	-1 * -1301	/	55191.5
=	2.36 %

where

	Total Debt (A: May. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	47769	+	7751
=	55520

	Total Debt (A: May. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	43460	+	11403
=	54863

Tsuruha Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Nov. 2023 )	+	Total Debt (Q: Feb. 2024 ))	/ count )
=	-1 * -1592	/	( (51858	+	51429)	/ 2 )
=	-1 * -1592	/	51643.5
=	3.08 %

where

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	43501	+	8357
=	51858

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	42859	+	8570
=	51429

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 (Feb. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Tsuruha Holdings (TSE:3391) Effective Interest Rate on Debt % Explanation

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

Tsuruha Holdings Effective Interest Rate on Debt % Related Terms

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Tsuruha Holdings (TSE:3391) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Tsuruha Holdings Inc (TSE:3391) » Definitions » Effective Interest Rate on Debt %

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TSUSF:USA

Address

20, Higashi 24-chome, Higashi Sapporo 1-21, Kitaku, JPN, 065-0024

Website

http://www.tsuruha-hd.co.jp

Tsuruha Holdings Inc manages pharmaceutical companies in Japan, where the drugstore business is the core of their operations. The company generates revenue through selling prescription and over-the-counter drugs, medical supplies, nursing care products, discount cosmetics, health products, and a miscellaneous assortment of general merchandise. Tsuruha also provides blood testing services, disease prevention solutions, and at-home drug delivery services.

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