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Access Group Holdings Co (TSE:7042) Effective Interest Rate on Debt % : 1.22% (As of Dec. 2023)


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What is Access Group 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. Access Group Holdings Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円14 Mil. Access Group Holdings Co's average total debt for the quarter that ended in Dec. 2023 was 円1,151 Mil. Therefore, Access Group Holdings Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.22%.


Access Group Holdings Co Effective Interest Rate on Debt % Historical Data

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

Access Group Holdings Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 1.61 1.87 1.98 1.31 1.34

Access Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.30 1.27 1.35 1.39 1.22

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

For the Personal Services subindustry, Access Group 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.


Access Group Holdings Co's Effective Interest Rate on Debt % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Access Group Holdings Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Access Group Holdings Co Effective Interest Rate on Debt % Calculation

Access Group Holdings Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2020 )+Total Debt  (A: Sep. 2021 ))/ count )
=-1  *  -30.95/( (2448+2187.687)/ 2 )
=-1  *  -30.95/2317.8435
=1.34 %

where

Total Debt  (A: Sep. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=364.395 + 1823.292
=2187.687

Access Group 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  *  -14.104/( (1115.103+1187.78)/ 2 )
=-1  *  -14.104/1151.4415
=1.22 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=114.14 + 1000.963
=1115.103

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=231.15 + 956.63
=1187.78

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


Access Group Holdings Co  (TSE:7042) Effective Interest Rate on Debt % Explanation

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


Access Group Holdings Co Effective Interest Rate on Debt % Related Terms

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Access Group Holdings Co (TSE:7042) Business Description

Traded in Other Exchanges
N/A
Address
15th Floor, Shin-Aoyama Building, Building 1-1-1, Minami Aoyama Minato-ku, Tokyo, JPN, 107-0062
Access Group Holdings Co Ltd is engaged in the promotion, human resource recruitment public relations, and school public relations businesses. Under the Promotion business it supports sales promotion activities of companies and corporations. Under the human resource recruitment public relation, it is focused on public relations projects for young people, mainly graduates. Further, it also plans and manages employment information sites and joint company briefing sessions; and offers recruitment support service; and the School public relation business plans and operates admission information site, junior high school information magazine, newspaper coalition, and joint explanatory meeting, as well as produces various publicity tools, including Website and Web application system.

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