Nisshin Seifun Group (FRA:NFR) Effective Interest Rate on Debt % : 4.40% (As of Dec. 2023)

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What is Nisshin Seifun Group 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. Nisshin Seifun Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €24 Mil. Nisshin Seifun Group's average total debt for the quarter that ended in Dec. 2023 was €534 Mil. Therefore, Nisshin Seifun Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.40%.

Nisshin Seifun Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Nisshin Seifun Group'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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Nisshin Seifun Group Effective Interest Rate on Debt % Chart

Nisshin Seifun Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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6.30

3.30

3.71

4.12

4.10

Nisshin Seifun Group 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															4.29	4.07	4.47	4.40	4.44

Competitive Comparison of Nisshin Seifun Group's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Nisshin Seifun Group'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.

Nisshin Seifun Group's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nisshin Seifun Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Nisshin Seifun Group Effective Interest Rate on Debt % Calculation

Nisshin Seifun Group'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 * -23.151	/	( (594.265	+	534.517)	/ 2 )
=	-1 * -23.151	/	564.391
=	4.10 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	493.95	+	100.315
=	594.265

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	441.785	+	92.732
=	534.517

Nisshin Seifun Group'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 * -23.512	/	( (517.646	+	550.774)	/ 2 )
=	-1 * -23.512	/	534.21
=	4.40 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	454.662	+	62.984
=	517.646

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	454.26	+	96.514
=	550.774

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.

Nisshin Seifun Group (FRA:NFR) Effective Interest Rate on Debt % Explanation

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

Nisshin Seifun Group Effective Interest Rate on Debt % Related Terms

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Nisshin Seifun Group (FRA:NFR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nisshin Seifun Group Inc (FRA:NFR) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

2002:Japan

Address

1-25, Kanda-Nishiki-cho, Chiyoda-ku, Tokyo, JPN, 101-8441

Website

http://www.nisshin.com

Nisshin Seifun Group Inc is a Japanese holding company with the following brands under its umbrella: Nisshin Flour Milling, Nisshin Foods, Nisshin Pharma, Nisshin Petfood, Nisshin Engineering, Oriental Yeast, NBC Meshtec, and Initio Foods. Nisshin Flour Milling supplies basic food materials (wheat flour, wheat bran, rye) for manufacturing use. Nisshin Foods offers frozen foods and chilled foods. These two businesses are the core operations. Nisshin Pharma produces active pharmaceutical ingredients and pharmaceutical products. Nisshin Petfood offers pet food. Nisshin Engineering designs and offers management of manufacturing and processing facilities for food-related ingredients and sells powder-processing-related equipment.

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