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Sobal (TSE:2186) Effective Interest Rate on Debt % : 0.00% (As of Aug. 2024)


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What is Sobal 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. Sobal's annualized positive value of Interest Expense for the quarter that ended in Aug. 2024 was 円0 Mil. Sobal's average total debt for the quarter that ended in Aug. 2024 was 円0 Mil. Therefore, Sobal's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2024 was N/A%.


Sobal Effective Interest Rate on Debt % Historical Data

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

Sobal Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Effective Interest Rate on Debt %
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Sobal Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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Competitive Comparison of Sobal's Effective Interest Rate on Debt %

For the Software - Application subindustry, Sobal'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.


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

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

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



Sobal Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Feb. 2023 )+Total Debt  (A: Feb. 2024 ))/ count )
=-1  *  -0.032/( (0+0)/ 1 )
=-1  *  -0.032/0
=N/A %

where

Sobal's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: May. 2024 )+Total Debt  (Q: Aug. 2024 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

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


Sobal  (TSE:2186) Effective Interest Rate on Debt % Explanation

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


Sobal Effective Interest Rate on Debt % Related Terms

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Sobal Business Description

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Address
5-9-11 Kitashinagawa Shinagawa-ku, Osaki MT Building, Tokyo, JPN, 141-0001
Sobal Corp engages in the development of embedded software for digital appliances, and research and development of wireless communication technologies in Japan. The solutions provided by the company include Embedded development, Application development, WEB. Cloud development, Manual production, Quality evaluation and IoT Solution.

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