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Daisan Bank (NGO:8529) Effective Interest Rate on Debt % : 0.78% (As of Mar. 2018)


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What is Daisan Bank 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. Daisan Bank's annualized positive value of Interest Expense for the quarter that ended in Mar. 2018 was 円708 Mil. Daisan Bank's average total debt for the quarter that ended in Mar. 2018 was 円90,478 Mil. Therefore, Daisan Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2018 was 0.78%.


Daisan Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for Daisan Bank'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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Daisan Bank Effective Interest Rate on Debt % Chart

Daisan Bank Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.20 6.29 4.80 2.11 0.88

Daisan Bank Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 1.09 0.98 1.00 0.94 0.78

Competitive Comparison of Daisan Bank's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Daisan Bank'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.


Daisan Bank's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Daisan Bank's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Daisan Bank's Effective Interest Rate on Debt % falls into.



Daisan Bank Effective Interest Rate on Debt % Calculation

Daisan Bank's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2017 )+Total Debt  (A: Mar. 2018 ))/ count )
=-1  *  -823/( (92952+93979)/ 2 )
=-1  *  -823/93465.5
=0.88 %

where

Daisan Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2017 )+Total Debt  (Q: Mar. 2018 ))/ count )
=-1  *  -708/( (86976+93979)/ 2 )
=-1  *  -708/90477.5
=0.78 %

where

* 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 (Mar. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Daisan Bank  (NGO:8529) Effective Interest Rate on Debt % Explanation

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


Daisan Bank Effective Interest Rate on Debt % Related Terms

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Daisan Bank (NGO:8529) Business Description

Industry
Traded in Other Exchanges
N/A
Address
510 Kyo-machi, Mie, JPN, 515-8530
Daisan Bank Ltd offers banking services. It provides various services such as general account, time deposits, mutual funds, foreign currency deposits, education loans, car loans, solar power generation loans, life insurance, fire insurance, debt repayment support insurance, pet insurance, and others.

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