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Benefit One (TSE:2412) Effective Interest Rate on Debt % : 0.64% (As of Dec. 2023)


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What is Benefit One 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. Benefit One's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円52 Mil. Benefit One's average total debt for the quarter that ended in Dec. 2023 was 円8,082 Mil. Therefore, Benefit One's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.64%.


Benefit One Effective Interest Rate on Debt % Historical Data

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

Benefit One Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.25 1.19 0.53 0.61

Benefit One Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.63 0.60 0.62 0.64

Competitive Comparison of Benefit One's Effective Interest Rate on Debt %

For the Staffing & Employment Services subindustry, Benefit One'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.


Benefit One's Effective Interest Rate on Debt % Distribution in the Business Services Industry

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

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



Benefit One Effective Interest Rate on Debt % Calculation

Benefit One'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  *  -56/( (9737+8763)/ 2 )
=-1  *  -56/9250
=0.61 %

where

Benefit One'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  *  -52/( (8081+8082)/ 2 )
=-1  *  -52/8081.5
=0.64 %

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


Benefit One  (TSE:2412) Effective Interest Rate on Debt % Explanation

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


Benefit One Effective Interest Rate on Debt % Related Terms

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Benefit One (TSE:2412) Business Description

Industry
Traded in Other Exchanges
Address
Job Hub Square 6-2, 2-chome, 9th Floor, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Benefit One Inc is a Japanese company providing provisions of agency business for welfare work. The company mainly engages in welfare work and sales. It provides lodging facilities, schools, and sports clubs to people under various schemes. It also markets products on its seasonal magazines and website for sales purpose.

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