Cotta Co (TSE:3359) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2024)

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What is Cotta 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. Cotta Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was 円0 Mil. Cotta Co's average total debt for the quarter that ended in Sep. 2024 was 円1,210 Mil. Therefore, Cotta Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.00%.

Cotta Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Cotta 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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Cotta Co Effective Interest Rate on Debt % Chart

Cotta Co Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Effective Interest Rate on Debt %

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0.67

0.62

0.60

0.53

0.63

Cotta Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.56	0.55	0.51	0.56	-

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

For the Packaging & Containers subindustry, Cotta 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.

Cotta Co's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Cotta Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Cotta Co Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2023 )	+	Total Debt (A: Sep. 2024 ))	/ count )
=	-1 * -8.268	/	( (1425.413	+	1201.437)	/ 2 )
=	-1 * -8.268	/	1313.425
=	0.63 %

where

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	322.076	+	1103.337
=	1425.413

	Total Debt (A: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	221.082	+	980.355
=	1201.437

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * 0	/	( (1217.89	+	1201.437)	/ 2 )
=	-1 * 0	/	1209.6635
=	0.00 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	231.046	+	986.844
=	1217.89

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	221.082	+	980.355
=	1201.437

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

Cotta Co (TSE:3359) Effective Interest Rate on Debt % Explanation

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

Cotta Co Effective Interest Rate on Debt % Related Terms

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Cotta Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Cotta Co Ltd (TSE:3359) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

3359:Japan

Address

4478-8, Kamioae, Oita, JPN, 478879-2461

Website

https://www.cotta.co.jp

Cotta Co Ltd manufactures and sells confectionery food materials and food packaging materials in Japan. It offers cake boxes, handbags, wrapping paper, ribbons and freshness preserving agents, and confectionery materials such as butter and flour The company serves candy stores, bakeries, and individuals.

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