Yamaichi Uniheim Real Estate Co (TSE:2984) Effective Interest Rate on Debt % : 1.26% (As of Dec. 2023)

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What is Yamaichi Uniheim Real Estate 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. Yamaichi Uniheim Real Estate Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円387 Mil. Yamaichi Uniheim Real Estate Co's average total debt for the quarter that ended in Dec. 2023 was 円30,781 Mil. Therefore, Yamaichi Uniheim Real Estate Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.26%.

Yamaichi Uniheim Real Estate Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Yamaichi Uniheim Real Estate 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.

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Yamaichi Uniheim Real Estate Co Effective Interest Rate on Debt % Chart

Yamaichi Uniheim Real Estate Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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1.54

1.56

1.47

1.49

1.28

Yamaichi Uniheim Real Estate Co Quarterly Data
	Mar18	Mar19	Dec19	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial									1.33	1.27	1.28	1.22	1.26

Competitive Comparison of Yamaichi Uniheim Real Estate Co's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Yamaichi Uniheim Real Estate 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.

Yamaichi Uniheim Real Estate Co's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yamaichi Uniheim Real Estate Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Yamaichi Uniheim Real Estate Co's Effective Interest Rate on Debt % falls into.

Yamaichi Uniheim Real Estate Co Effective Interest Rate on Debt % Calculation

Yamaichi Uniheim Real Estate Co'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 * -304.423	/	( (22128.423	+	25270.259)	/ 2 )
=	-1 * -304.423	/	23699.341
=	1.28 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14989.941	+	7138.482
=	22128.423

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19666.417	+	5603.842
=	25270.259

Yamaichi Uniheim Real Estate Co'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 * -387.316	/	( (30449.721	+	31112.119)	/ 2 )
=	-1 * -387.316	/	30780.92
=	1.26 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17125.288	+	13324.433
=	30449.721

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17997.922	+	13114.197
=	31112.119

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.

Yamaichi Uniheim Real Estate Co (TSE:2984) Effective Interest Rate on Debt % Explanation

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

Yamaichi Uniheim Real Estate Co Effective Interest Rate on Debt % Related Terms

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Yamaichi Uniheim Real Estate Co (TSE:2984) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yamaichi Uniheim Real Estate Co Ltd (TSE:2984) » Definitions » Effective Interest Rate on Debt %

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Address

Wakayama Nakanoshima 1518, Nakanoshima 801 building 5 floor, Yubinbango, Osaka, JPN, 640-8392

Website

https://www.yg801.jp

Yamaichi Real Estate Co Ltd is a real estate development company engaged in provision of sales, leasing, management and brokerage services. The company develops commercial land, business land, residential land, condominiums and rental condominiums. Its development business ranges from residential areas to business sites such as factories and warehouses, urban commercial facilities, and suburban commercial facilities.

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