Ecology and Combustion (NGO:6225) Effective Interest Rate on Debt % : 0.37% (As of Jan. 2024)

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What is Ecology and Combustion 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. Ecology and Combustion's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was 円1 Mil. Ecology and Combustion's average total debt for the quarter that ended in Jan. 2024 was 円220 Mil. Therefore, Ecology and Combustion's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 0.37%.

Ecology and Combustion Effective Interest Rate on Debt % Historical Data

The historical data trend for Ecology and Combustion'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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Ecology and Combustion Effective Interest Rate on Debt % Chart

Ecology and Combustion Annual Data

Trend

Jul22

Jul23

Effective Interest Rate on Debt %

0.22

0.37

Ecology and Combustion Quarterly Data
	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			0.37	0.36	0.37	0.37	0.37

Competitive Comparison of Ecology and Combustion's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Ecology and Combustion'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.

Ecology and Combustion's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ecology and Combustion's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Ecology and Combustion's Effective Interest Rate on Debt % falls into.

Ecology and Combustion Effective Interest Rate on Debt % Calculation

Ecology and Combustion's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2022 )	+	Total Debt (A: Jul. 2023 ))	/ count )
=	-1 * -0.944	/	( (278.568	+	235.704)	/ 2 )
=	-1 * -0.944	/	257.136
=	0.37 %

where

	Total Debt (A: Jul. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	235.704	+	42.864
=	278.568

	Total Debt (A: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	192.84	+	42.864
=	235.704

Ecology and Combustion's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2023 )	+	Total Debt (Q: Jan. 2024 ))	/ count )
=	-1 * -0.812	/	( (224.988	+	214.272)	/ 2 )
=	-1 * -0.812	/	219.63
=	0.37 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	182.124	+	42.864
=	224.988

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	171.408	+	42.864
=	214.272

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

Ecology and Combustion (NGO:6225) Effective Interest Rate on Debt % Explanation

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

Ecology and Combustion Effective Interest Rate on Debt % Related Terms

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Ecology and Combustion (NGO:6225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ecology and Combustion Inc (NGO:6225) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-5-6 Shinmiyakoda (Hamamatsu Technopolis), Kita-Ku, Hamamatsu, JPN, 4312103

Website

https://www.ecom-jp.co.jp

Ecology and Combustion Inc is engaged in the development, design, manufacture and maintenance of heating equipment. It develops, design, manufacture, and maintain deodorizing equipment, aluminum melting/holding furnaces, drying furnaces, heat treatment furnaces, and burners.

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