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Marui Group Co (FRA:MUI) Effective Interest Rate on Debt % : 0.29% (As of Dec. 2023)


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What is Marui Group 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. Marui Group Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €12 Mil. Marui Group Co's average total debt for the quarter that ended in Dec. 2023 was €4,112 Mil. Therefore, Marui Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.29%.

Marui Group Co Effective Interest Rate on Debt % Historical Data

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

Marui Group Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.25 0.25 0.25 0.30

Marui Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.26 0.28 0.27 0.29 0.34

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

For the Credit Services subindustry, Marui Group 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.

Marui Group Co's Effective Interest Rate on Debt % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Marui Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

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


Marui Group Co Effective Interest Rate on Debt % Calculation

Marui Group Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2023 )+Total Debt  (A: Mar. 2024 ))/ count )
=-1  *  -11.459/( (4074.215+3649.804)/ 2 )
=-1  *  -11.459/3862.0095
=0.30 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3031.943 + 1042.272
=4074.215

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2981.953 + 667.851
=3649.804

Marui Group 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  *  -12.024/( (3991.514+4232.053)/ 2 )
=-1  *  -12.024/4111.7835
=0.29 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2816.482 + 1175.032
=3991.514

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2830.328 + 1401.725
=4232.053

* 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.

Marui Group Co  (FRA:MUI) Effective Interest Rate on Debt % Explanation

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

Marui Group Co Effective Interest Rate on Debt % Related Terms

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Marui Group Co (FRA:MUI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Marui Group Co Ltd (FRA:MUI) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
TSE:8253 TSE:7164 TSE:8572 TSE:8570 TSE:8425 TSE:8515 TSE:8584 TSE:8585 TSE:8566 TSE:8511 V MA AXP PYPL COF BOM:500034 IST:QNBFL DFS BOM:543257 SYF
Traded in Other Exchanges
MAURY:USA 8252:Japan
Address
4-3-2 Nakano, Nakano-ku, Tokyo, JPN, 164-8701
Website
http://www.0101maruigroup.co.jp
Marui Group Co Ltd operates group companies engaged in retail business and fintech business. It operates through two segments namely Retailing and Fintech. The Retailing segment engages in the management of commercial property rental, retailing operations of clothes and accessories, space production, advertising, apparel distribution, and management of buildings and other facilities. The FinTech segment engages in the credit card services, consumer loans, and the rent guarantee businesses; IT systems; and real estate rental.