Toda (TSE:1860) Effective Interest Rate on Debt % : 0.68% (As of Dec. 2023)

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What is Toda 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. Toda's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円1,336 Mil. Toda's average total debt for the quarter that ended in Dec. 2023 was 円197,186 Mil. Therefore, Toda's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.68%.

Toda Effective Interest Rate on Debt % Historical Data

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

Toda Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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0.83

0.73

0.52

0.53

0.62

Toda Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.60	0.67	0.76	0.68	0.68

Competitive Comparison of Toda's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Toda'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.

Toda's Effective Interest Rate on Debt % Distribution in the Construction Industry

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

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

Toda Effective Interest Rate on Debt % Calculation

Toda's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -1349	/	( (211537	+	226570)	/ 2 )
=	-1 * -1349	/	219053.5
=	0.62 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	124919	+	86618
=	211537

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	152437	+	74133
=	226570

Toda'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 * -1336	/	( (163530	+	230841)	/ 2 )
=	-1 * -1336	/	197185.5
=	0.68 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	120459	+	43071
=	163530

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	132389	+	98452
=	230841

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.

Toda (TSE:1860) Effective Interest Rate on Debt % Explanation

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

Toda Effective Interest Rate on Debt % Related Terms

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Toda (TSE:1860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Toda Corp (TSE:1860) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

8-5 Hatchobori 2-Chome, Chuo-ku, Tokyo, JPN, 104-0032

Website

http://www.toda.co.jp

Toda Corp is a Japan-based company that provides construction and civil engineering services for public and private customers. It designs and manages property developments and reorganizes production systems to increase profitability. The company constructs hospitals, schools, office buildings, and other industrial facilities. It handles various large-scale projects, including tunnel and highway operations, renewable energy activities, and power generation applications, to enhance technological and industrial development. Toda has six operating segments: Domestic building construction, Domestic Civil engineering, Investment Development, Domestic group companies, New business fields, and Overseas business. The majority of revenue comes from the domestic building construction segment.

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