Meito Transportation Co (FRA:MTD) Effective Interest Rate on Debt % : 1.04% (As of Jun. 2015)

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What is Meito Transportation 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. Meito Transportation Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2015 was €0.5 Mil. Meito Transportation Co's average total debt for the quarter that ended in Jun. 2015 was €49.5 Mil. Therefore, Meito Transportation Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2015 was 1.04%.

Meito Transportation Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Meito Transportation 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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Meito Transportation Co Effective Interest Rate on Debt % Chart

Meito Transportation Co Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Effective Interest Rate on Debt %

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1.72

1.33

1.10

1.20

1.21

Meito Transportation Co Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.26	1.29	1.17	1.15	1.04

Competitive Comparison of Meito Transportation Co's Effective Interest Rate on Debt %

For the Trucking subindustry, Meito Transportation 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.

Meito Transportation Co's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Meito Transportation Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Meito Transportation Co Effective Interest Rate on Debt % Calculation

Meito Transportation Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2014 )	+	Total Debt (A: Mar. 2015 ))	/ count )
=	-1 * -0.641	/	( (52.502	+	53.33)	/ 2 )
=	-1 * -0.641	/	52.916
=	1.21 %

where

	Total Debt (A: Mar. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22.951	+	29.551
=	52.502

	Total Debt (A: Mar. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22.073	+	31.257
=	53.33

Meito Transportation Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2015 )	+	Total Debt (Q: Jun. 2015 ))	/ count )
=	-1 * -0.512	/	( (53.33	+	45.603)	/ 2 )
=	-1 * -0.512	/	49.4665
=	1.04 %

where

	Total Debt (Q: Mar. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22.073	+	31.257
=	53.33

	Total Debt (Q: Jun. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.622	+	33.981
=	45.603

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. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Meito Transportation Co (FRA:MTD) Effective Interest Rate on Debt % Explanation

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

Meito Transportation Co Effective Interest Rate on Debt % Related Terms

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Meito Transportation Co (FRA:MTD) Business Description

Industry

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Traded in Other Exchanges

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Address

Website

http://www.meiun.co.jp

Meito Transportation Co., Ltd. operates as a food distribution company in Japan. Its services include general truck transport, truck transport forwarding, and truck repair.