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Maruchiyo Yamaokaya (TSE:3399) Effective Interest Rate on Debt % : 1.07% (As of Apr. 2024)


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What is Maruchiyo Yamaokaya 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. Maruchiyo Yamaokaya's annualized positive value of Interest Expense for the quarter that ended in Apr. 2024 was 円31 Mil. Maruchiyo Yamaokaya's average total debt for the quarter that ended in Apr. 2024 was 円2,891 Mil. Therefore, Maruchiyo Yamaokaya's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2024 was 1.07%.


Maruchiyo Yamaokaya Effective Interest Rate on Debt % Historical Data

The historical data trend for Maruchiyo Yamaokaya'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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Maruchiyo Yamaokaya Effective Interest Rate on Debt % Chart

Maruchiyo Yamaokaya Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.93 0.90 1.01 1.09

Maruchiyo Yamaokaya Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.89 1.03 1.03 1.02 1.07

Competitive Comparison of Maruchiyo Yamaokaya's Effective Interest Rate on Debt %

For the Restaurants subindustry, Maruchiyo Yamaokaya'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.


Maruchiyo Yamaokaya's Effective Interest Rate on Debt % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Maruchiyo Yamaokaya's Effective Interest Rate on Debt % distribution charts can be found below:

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



Maruchiyo Yamaokaya Effective Interest Rate on Debt % Calculation

Maruchiyo Yamaokaya's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2023 )+Total Debt  (A: Jan. 2024 ))/ count )
=-1  *  -32.955/( (3215.243+2850.422)/ 2 )
=-1  *  -32.955/3032.8325
=1.09 %

where

Total Debt  (A: Jan. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2196.532 + 1018.711
=3215.243

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1962.151 + 888.271
=2850.422

Maruchiyo Yamaokaya's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jan. 2024 )+Total Debt  (Q: Apr. 2024 ))/ count )
=-1  *  -30.912/( (2850.422+2932.324)/ 2 )
=-1  *  -30.912/2891.373
=1.07 %

where

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1962.151 + 888.271
=2850.422

Total Debt  (Q: Apr. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1761.129 + 1171.195
=2932.324

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


Maruchiyo Yamaokaya  (TSE:3399) Effective Interest Rate on Debt % Explanation

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


Maruchiyo Yamaokaya Effective Interest Rate on Debt % Related Terms

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Maruchiyo Yamaokaya (TSE:3399) Business Description

Traded in Other Exchanges
N/A
Address
7-1-chome, Higashi Ganboshi East Hall, 4-32, Hokkaido, Sapporo, JPN, 007-0827
Maruchiyo Yamaokaya Corp is engaged in operating a direct chain ramen noodle restaurants called Ramen Yamaokaya mainly in Hokkaido and Kanto area. It has more than twenty-five types of regular menu. Its menu includes soy sauce, miso, salt, special miso, premium salt pork.

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