Star Asia Investment (TSE:3468) Effective Interest Rate on Debt % : 0.81% (As of Jan. 2023)

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What is Star Asia Investment 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. Star Asia Investment's annualized positive value of Interest Expense for the quarter that ended in Jan. 2023 was 円753 Mil. Star Asia Investment's average total debt for the quarter that ended in Jan. 2023 was 円93,240 Mil. Therefore, Star Asia Investment's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2023 was 0.81%.

Star Asia Investment Effective Interest Rate on Debt % Historical Data

The historical data trend for Star Asia Investment'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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Star Asia Investment Effective Interest Rate on Debt % Chart

Star Asia Investment Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Effective Interest Rate on Debt %

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0.50

0.64

1.08

0.79

Star Asia Investment Semi-Annual Data
	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jan21	Jul21	Jan22	Jul22	Jan23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								0.73	0.79	0.76	0.81	0.96

Competitive Comparison of Star Asia Investment's Effective Interest Rate on Debt %

For the REIT - Diversified subindustry, Star Asia Investment'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.

Star Asia Investment's Effective Interest Rate on Debt % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Star Asia Investment's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Star Asia Investment's Effective Interest Rate on Debt % falls into.

Star Asia Investment Effective Interest Rate on Debt % Calculation

Star Asia Investment's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2021 )	+	Total Debt (A: Jul. 2022 ))	/ count )
=	-1 * -681.181	/	( (82440	+	89640)	/ 2 )
=	-1 * -681.181	/	86040
=	0.79 %

where

	Total Debt (A: Jul. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	56840	+	25600
=	82440

	Total Debt (A: Jul. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	73250	+	16390
=	89640

Star Asia Investment's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jul. 2022 )	+	Total Debt (Q: Jan. 2023 ))	/ count )
=	-1 * -752.832	/	( (89640	+	96840)	/ 2 )
=	-1 * -752.832	/	93240
=	0.81 %

where

	Total Debt (Q: Jul. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	73250	+	16390
=	89640

	Total Debt (Q: Jan. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	81210	+	15630
=	96840

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 two times the semi-annual (Jan. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Star Asia Investment (TSE:3468) Effective Interest Rate on Debt % Explanation

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

Star Asia Investment Effective Interest Rate on Debt % Related Terms

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Star Asia Investment (TSE:3468) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Star Asia Investment Corp (TSE:3468) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-5-1, Atago, 18th Floor, Atago Green Hills MORI Tower, Minato-ku, Tokyo, JPN, 105-0002

Website

http://www.starasia-reit.com

Star Asia Investment Corp is a real estate investment trust (REIT). The company mainly invests in real estate properties such as business offices, logistics facilities, residential buildings and hotels. It aims to achieve internal and external growth in asset and maximize investors' profit from mid-term to long-term perspectives.

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