GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sato Foods Co Ltd (TSE:2923) » Definitions » Effective Interest Rate on Debt %

Sato Foods Co (TSE:2923) Effective Interest Rate on Debt % : 0.00% (As of Oct. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Sato Foods 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. Sato Foods Co's annualized positive value of Interest Expense for the quarter that ended in Oct. 2024 was 円0 Mil. Sato Foods Co's average total debt for the quarter that ended in Oct. 2024 was 円17,760 Mil. Therefore, Sato Foods Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2024 was 0.00%.


Sato Foods Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Sato Foods 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.

* Premium members only.

Sato Foods Co Effective Interest Rate on Debt % Chart

Sato Foods Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.32 0.31 0.31 0.46

Sato Foods Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24
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 0.41 0.41 0.43 0.32 -

Competitive Comparison of Sato Foods Co's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Sato Foods 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.


Sato Foods Co's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sato Foods Co's Effective Interest Rate on Debt % distribution charts can be found below:

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


;
;

Sato Foods Co Effective Interest Rate on Debt % Calculation

Sato Foods Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Apr. 2023 )+Total Debt  (A: Apr. 2024 ))/ count )
=-1  *  -68.466/( (14162.772+15684.111)/ 2 )
=-1  *  -68.466/14923.4415
=0.46 %

where

Total Debt  (A: Apr. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10664.158 + 3498.614
=14162.772

Total Debt  (A: Apr. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11568.764 + 4115.347
=15684.111

Sato Foods Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Apr. 2024 )+Total Debt  (Q: Oct. 2024 ))/ count )
=-1  *  0/( (15684.111+19836.496)/ 2 )
=-1  *  0/17760.3035
=0.00 %

where

Total Debt  (Q: Apr. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11568.764 + 4115.347
=15684.111

Total Debt  (Q: Oct. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11519.328 + 8317.168
=19836.496

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


Sato Foods Co  (TSE:2923) Effective Interest Rate on Debt % Explanation

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


Sato Foods Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Sato Foods Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sato Foods Co Business Description

Traded in Other Exchanges
N/A
Address
13-5 Takaramachi, Niigatahigashi-ku, Niigata Prefecture, Niigata, JPN, 950-8730
Sato Foods Co Ltd is engaged in the production and sales of packed mochi and packed cooked rice in Japan. Its packaged rice cakes include Sato sliced rice-cake crisp and slit, Round rice-cake single pack and Sato Kagami Mochi. Its packed rice products include Sato rice, low-protein rice and others.

Sato Foods Co Headlines

No Headlines