NPEHF (Nippon Express Holdings) Effective Interest Rate on Debt % : 1.30% (As of Jun. 2024)

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What is Nippon Express Holdings 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. Nippon Express Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $65 Mil. Nippon Express Holdings's average total debt for the quarter that ended in Jun. 2024 was $5,033 Mil. Therefore, Nippon Express Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 1.30%.

Nippon Express Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Nippon Express Holdings'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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Nippon Express Holdings Effective Interest Rate on Debt % Chart

Nippon Express Holdings Annual Data

Trend

Dec22

Dec23

Effective Interest Rate on Debt %

0.75

0.89

Nippon Express Holdings Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						0.97	1.01	1.12	1.30	1.59

Competitive Comparison of Nippon Express Holdings's Effective Interest Rate on Debt %

For the Integrated Freight & Logistics subindustry, Nippon Express Holdings'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.

Nippon Express Holdings's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Nippon Express Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Nippon Express Holdings's Effective Interest Rate on Debt % falls into.

Nippon Express Holdings Effective Interest Rate on Debt % Calculation

Nippon Express Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -43.353	/	( (4681.955	+	5100.537)	/ 2 )
=	-1 * -43.353	/	4891.246
=	0.89 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3352.701	+	1329.254
=	4681.955

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3895.438	+	1205.099
=	5100.537

Nippon Express Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -65.224	/	( (5129.857	+	4935.494)	/ 2 )
=	-1 * -65.224	/	5032.6755
=	1.30 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3700.902	+	1428.955
=	5129.857

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3485.646	+	1449.848
=	4935.494

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

Nippon Express Holdings (OTCPK:NPEHF) Effective Interest Rate on Debt % Explanation

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

Nippon Express Holdings Effective Interest Rate on Debt % Related Terms

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Nippon Express Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nippon Express Holdings Inc (OTCPK:NPEHF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

9147:Japan

Address

2 Kanda Izumicho, Chiyoda-ku, Tokyo, JPN, 101-0024

Website

Nippon Express Holdings Inc is engaged in the management and related operations for corporate group companies such as truck transportation business.

Nippon Express Holdings Headlines

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