CSS HOLDINGS (TSE:2304) Effective Interest Rate on Debt % : 0.87% (As of Mar. 2024)

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What is CSS 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. CSS HOLDINGS's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was 円10 Mil. CSS HOLDINGS's average total debt for the quarter that ended in Mar. 2024 was 円1,091 Mil. Therefore, CSS HOLDINGS's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.87%.

CSS HOLDINGS Effective Interest Rate on Debt % Historical Data

The historical data trend for CSS 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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CSS HOLDINGS Effective Interest Rate on Debt % Chart

CSS HOLDINGS Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

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1.66

0.99

0.80

0.70

0.87

CSS HOLDINGS 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															0.79	0.85	0.84	0.80	0.87

Competitive Comparison of CSS HOLDINGS's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, CSS 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.

CSS HOLDINGS's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CSS HOLDINGS's Effective Interest Rate on Debt % distribution charts can be found below:

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

CSS HOLDINGS Effective Interest Rate on Debt % Calculation

CSS HOLDINGS's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2022 )	+	Total Debt (A: Sep. 2023 ))	/ count )
=	-1 * -8.051	/	( (1054.544	+	793.332)	/ 2 )
=	-1 * -8.051	/	923.938
=	0.87 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	43.333	+	1011.211
=	1054.544

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25.317	+	768.015
=	793.332

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -9.536	/	( (1193.741	+	989.001)	/ 2 )
=	-1 * -9.536	/	1091.371
=	0.87 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25.086	+	1168.655
=	1193.741

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.423	+	967.578
=	989.001

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

CSS HOLDINGS (TSE:2304) Effective Interest Rate on Debt % Explanation

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

CSS HOLDINGS Effective Interest Rate on Debt % Related Terms

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CSS HOLDINGS (TSE:2304) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CSS HOLDINGS Ltd (TSE:2304) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, No. 1,Nihonbashi, Chuo-ku, Kodenmacho, Tokyo, JPN, 103-0001

Website

http://www.css-holdings.jp

CSS HOLDINGS, LTD. is a holding company engaged in the operation and management of its group companies. It operates Steward Business; dishwashing and management work centered on hotels and restaurants, Food Business; which handles employee cafeteria and restaurant management contracts through its subsidiaries, Space Produce Business; designs, constructs, manages, and sells items related to video, audio, broadcasting and security, and Others includes general affairs, personnel, and management related business.

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