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CCOJY (Coca-Cola Bottlers Japan Holdings) Effective Interest Rate on Debt % : 0.46% (As of Jun. 2024)


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What is Coca-Cola Bottlers Japan 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. Coca-Cola Bottlers Japan Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $6 Mil. Coca-Cola Bottlers Japan Holdings's average total debt for the quarter that ended in Jun. 2024 was $1,197 Mil. Therefore, Coca-Cola Bottlers Japan Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 0.46%.


Coca-Cola Bottlers Japan Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Coca-Cola Bottlers Japan 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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Coca-Cola Bottlers Japan Holdings Effective Interest Rate on Debt % Chart

Coca-Cola Bottlers Japan Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.44 0.43 0.57 0.40

Coca-Cola Bottlers Japan Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.45 0.49 0.86 0.46 0.09

Competitive Comparison of Coca-Cola Bottlers Japan Holdings's Effective Interest Rate on Debt %

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Bottlers Japan 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.


Coca-Cola Bottlers Japan Holdings's Effective Interest Rate on Debt % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola Bottlers Japan Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Coca-Cola Bottlers Japan Holdings's Effective Interest Rate on Debt % falls into.



Coca-Cola Bottlers Japan Holdings Effective Interest Rate on Debt % Calculation

Coca-Cola Bottlers Japan Holdings'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  *  -5.23/( (1333.946+1259.863)/ 2 )
=-1  *  -5.23/1296.9045
=0.40 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1288.569 + 45.377
=1333.946

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=938.669 + 321.194
=1259.863

Coca-Cola Bottlers Japan Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -5.524/( (1234.419+1160.541)/ 2 )
=-1  *  -5.524/1197.48
=0.46 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=919.879 + 314.54
=1234.419

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=864.095 + 296.446
=1160.541

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


Coca-Cola Bottlers Japan Holdings  (OTCPK:CCOJY) Effective Interest Rate on Debt % Explanation

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


Coca-Cola Bottlers Japan Holdings Effective Interest Rate on Debt % Related Terms

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Coca-Cola Bottlers Japan Holdings Business Description

Traded in Other Exchanges
Address
9-7-1 Akasaka, Minato-ku, Tokyo Midtown Tower, Fukuoka, JPN, 107-6211
Coca-Cola Bottlers Japan Holdings Inc is a Japanese soft drinks manufacturer, which operates through licensing agreements with The Coca-Cola Company based in the United States. It functions through two business segments, namely The Cold Beverage segment and The Healthcare and Skincare segment. The Cold Beverage segment by far accounts for most of the company's revenue generating operations. It represents the manufacture and sale of beverages such as sports drinks, tea beverages, sparkling beverages and mineral water. Its secondary business is carried out through the Healthcare and Skincare segment which produces and sells health food and cosmetics.