Yokohama Wright Industries Co (TSE:1452) Effective Interest Rate on Debt % : 0.13% (As of Aug. 2023)

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What is Yokohama Wright Industries 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. Yokohama Wright Industries Co's annualized positive value of Interest Expense for the quarter that ended in Aug. 2023 was 円0 Mil. Yokohama Wright Industries Co's average total debt for the quarter that ended in Aug. 2023 was 円332 Mil. Therefore, Yokohama Wright Industries Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 was 0.13%.

Yokohama Wright Industries Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Yokohama Wright Industries 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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Yokohama Wright Industries Co Effective Interest Rate on Debt % Chart

Yokohama Wright Industries Co Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Effective Interest Rate on Debt %

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0.51

0.57

0.40

0.28

0.20

Yokohama Wright Industries Co Semi-Annual Data
	Feb18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						0.30	0.25	0.22	0.18	0.13

Competitive Comparison of Yokohama Wright Industries Co's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Yokohama Wright Industries 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.

Yokohama Wright Industries Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

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

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

Yokohama Wright Industries Co Effective Interest Rate on Debt % Calculation

Yokohama Wright Industries Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2022 )	+	Total Debt (A: Feb. 2023 ))	/ count )
=	-1 * -0.773	/	( (420.086	+	346.773)	/ 2 )
=	-1 * -0.773	/	383.4295
=	0.20 %

where

	Total Debt (A: Feb. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	346.773	+	73.313
=	420.086

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	100.151	+	246.622
=	346.773

Yokohama Wright Industries Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Feb. 2023 )	+	Total Debt (Q: Aug. 2023 ))	/ count )
=	-1 * -0.446	/	( (346.773	+	316.475)	/ 2 )
=	-1 * -0.446	/	331.624
=	0.13 %

where

	Total Debt (Q: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	100.151	+	246.622
=	346.773

	Total Debt (Q: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	92.297	+	224.178
=	316.475

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 two times the semi-annual (Aug. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Yokohama Wright Industries Co (TSE:1452) Effective Interest Rate on Debt % Explanation

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

Yokohama Wright Industries Co Effective Interest Rate on Debt % Related Terms

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Yokohama Wright Industries Co (TSE:1452) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yokohama Wright Industries Co Ltd (TSE:1452) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

870 Imaicho, Hodogaya-ku, Yokohama, Kanagawa Prefecture, Tokyo, JPN, 240-0035

Website

https://www.y-wright.com

YOKOHAMA WRIGHT Industries Co Ltd is engaged in providing engineering and construction services. The company's services include existing pile removal work, demolition and civil engineering set, underground obstacle removal work, mega solar business, among others.

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