Kumagai Gumi Co (Kumagai Gumi Co) Effective Interest Rate on Debt % : 0.90% (As of Dec. 2023)

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What is Kumagai Gumi 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. Kumagai Gumi Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $3 Mil. Kumagai Gumi Co's average total debt for the quarter that ended in Dec. 2023 was $352 Mil. Therefore, Kumagai Gumi Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.90%.

Kumagai Gumi Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Kumagai Gumi 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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Kumagai Gumi Co Effective Interest Rate on Debt % Chart

Kumagai Gumi Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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1.52

1.57

1.38

1.16

0.98

Kumagai Gumi 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															1.55	1.16	0.94	0.90	0.85

Competitive Comparison of Kumagai Gumi Co's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Kumagai Gumi 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.

Kumagai Gumi Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

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

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

Kumagai Gumi Co Effective Interest Rate on Debt % Calculation

Kumagai Gumi 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 * -2.53	/	( (166.058	+	349.616)	/ 2 )
=	-1 * -2.53	/	257.837
=	0.98 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	136.933	+	29.125
=	166.058

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	176.707	+	172.909
=	349.616

Kumagai Gumi 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 * -3.168	/	( (278.752	+	424.68)	/ 2 )
=	-1 * -3.168	/	351.716
=	0.90 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	177.727	+	101.025
=	278.752

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	182.079	+	242.601
=	424.68

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.

Kumagai Gumi Co (OTCPK:KMGGF) Effective Interest Rate on Debt % Explanation

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

Kumagai Gumi Co Effective Interest Rate on Debt % Related Terms

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Kumagai Gumi Co (Kumagai Gumi Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kumagai Gumi Co Ltd (OTCPK:KMGGF) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

1861:Japan KUG1:Germany

Address

2-1 Tsukudocho, Shinjuku-ku, Tokyo, 162-8557, JPN, 162-8557

Website

http://www.kumagaigumi.co.jp

Kumagai Gumi is a Japanese company that provides services in construction and civil engineering. The company analyzes, designs, and supervises complex construction projects. It also offers engineering and technical services throughout the construction process. These projects include roads, railways, airports, water systems, and other public facilities. In addition, the company is engaged in manufacturing and selling construction materials and machinery. Construction activities account for the majority of revenue. The company generates additional revenue from developing residential and commercial complexes and either operating the building or acting as a broker and selling the real estate.

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