Japan Airlines Co (Japan Airlines Co) Effective Interest Rate on Debt % : 1.60% (As of Mar. 2024)

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What is Japan Airlines 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. Japan Airlines Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $97 Mil. Japan Airlines Co's average total debt for the quarter that ended in Mar. 2024 was $6,079 Mil. Therefore, Japan Airlines Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 1.60%.

Japan Airlines Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Japan Airlines 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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Japan Airlines Co Effective Interest Rate on Debt % Chart

Japan Airlines Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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0.71

1.90

1.22

1.44

1.58

Japan Airlines 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															1.46	1.75	1.55	1.65	1.60

Competitive Comparison of Japan Airlines Co's Effective Interest Rate on Debt %

For the Airlines subindustry, Japan Airlines 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.

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

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

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

Japan Airlines Co Effective Interest Rate on Debt % Calculation

Japan Airlines 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 * -101.496	/	( (6924.086	+	5922.449)	/ 2 )
=	-1 * -101.496	/	6423.2675
=	1.58 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6086.405	+	837.681
=	6924.086

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5208.686	+	713.763
=	5922.449

Japan Airlines Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -97.292	/	( (6234.961	+	5922.449)	/ 2 )
=	-1 * -97.292	/	6078.705
=	1.60 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5365.766	+	869.195
=	6234.961

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5208.686	+	713.763
=	5922.449

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

Japan Airlines Co (OTCPK:JAPSY) Effective Interest Rate on Debt % Explanation

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

Japan Airlines Co Effective Interest Rate on Debt % Related Terms

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Japan Airlines Co (Japan Airlines Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Japan Airlines Co Ltd (OTCPK:JAPSY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

9201:Japan JAL:Germany

Address

Nomura Real Estate Building, 2-4-11 Higashi-Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-8637

Website

http://www.jal.com

Japan Airlines is an international air transport services company. It offers scheduled and nonscheduled air transport services and aerial work services. The company operates large aircraft, medium-size aircraft, small aircraft, and regional jets. JAL's route network comprises over 100 domestic routes and over 50 international routes. The airline flies to over 50 countries and regions and connects over 300 airports.

Japan Airlines Co (Japan Airlines Co) Headlines

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