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GSI Co (SSE:5579) Effective Interest Rate on Debt % : 0.51% (As of Dec. 2023)


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What is GSI 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. GSI Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円1 Mil. GSI Co's average total debt for the quarter that ended in Dec. 2023 was 円233 Mil. Therefore, GSI Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.51%.

GSI Co Effective Interest Rate on Debt % Historical Data

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

GSI Co Annual Data
Trend Mar22 Mar23
Effective Interest Rate on Debt %
0.50 0.39

GSI Co Quarterly Data
Mar22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % - - 0.50 0.52 0.51

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

For the Information Technology Services subindustry, GSI 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.

GSI Co's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, GSI Co's Effective Interest Rate on Debt % distribution charts can be found below:

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


GSI Co Effective Interest Rate on Debt % Calculation

GSI Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -1.15/( (317.7+273.101)/ 2 )
=-1  *  -1.15/295.4005
=0.39 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=198.1 + 119.6
=317.7

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=145.169 + 127.932
=273.101

GSI 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  *  -1.184/( (196.635+268.802)/ 2 )
=-1  *  -1.184/232.7185
=0.51 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=105.503 + 91.132
=196.635

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=165.67 + 103.132
=268.802

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

GSI Co  (SSE:5579) Effective Interest Rate on Debt % Explanation

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

GSI Co Effective Interest Rate on Debt % Related Terms

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GSI Co (SSE:5579) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » GSI Co Ltd (SSE:5579) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
TSE:3647 TSE:3634 TSE:4261 TSE:4444 TSE:4394 TSE:4335 TSE:9250 TSE:3766 TSE:6555 TSE:2468 ACN NSE:TCS IBM FI NSE:INFY NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
N/A
Address
Kita 7-jo Nishi 1-1-2, SE Sapporo Building 13th Floor, Kita-ku, Sapporo, JPN, 060-0807
Website
https://www.glue-si.com
GSI Co Ltd is engaged in providing IT solution services that satisfy its customers. It is a system development business that specializes in providing system development to companies that are struggling with a lack of IT service development capabilities to utilize corporate digital technology.

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