Kasumigaseki Capital Co (TSE:3498) Effective Interest Rate on Debt % : 1.73% (As of Feb. 2024)

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What is Kasumigaseki Capital 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. Kasumigaseki Capital Co's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was 円510 Mil. Kasumigaseki Capital Co's average total debt for the quarter that ended in Feb. 2024 was 円29,442 Mil. Therefore, Kasumigaseki Capital Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 1.73%.

Kasumigaseki Capital Co Effective Interest Rate on Debt % Historical Data

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

Kasumigaseki Capital Co Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Effective Interest Rate on Debt %

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1.24

2.01

3.06

2.61

1.59

Kasumigaseki Capital Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.63	1.64	2.13	1.82	1.73

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

For the Conglomerates subindustry, Kasumigaseki Capital 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.

Kasumigaseki Capital Co's Effective Interest Rate on Debt % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kasumigaseki Capital Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Kasumigaseki Capital Co Effective Interest Rate on Debt % Calculation

Kasumigaseki Capital Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2022 )	+	Total Debt (A: Aug. 2023 ))	/ count )
=	-1 * -370.613	/	( (18406.355	+	28284.096)	/ 2 )
=	-1 * -370.613	/	23345.2255
=	1.59 %

where

	Total Debt (A: Aug. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6532.061	+	11874.294
=	18406.355

	Total Debt (A: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15260.5	+	13023.596
=	28284.096

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Nov. 2023 )	+	Total Debt (Q: Feb. 2024 ))	/ count )
=	-1 * -509.772	/	( (30411.104	+	28473.296)	/ 2 )
=	-1 * -509.772	/	29442.2
=	1.73 %

where

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16722.054	+	13689.05
=	30411.104

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11348.742	+	17124.554
=	28473.296

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

Kasumigaseki Capital Co (TSE:3498) Effective Interest Rate on Debt % Explanation

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

Kasumigaseki Capital Co Effective Interest Rate on Debt % Related Terms

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Kasumigaseki Capital Co (TSE:3498) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Kasumigaseki Capital Co Ltd (TSE:3498) » Definitions » Effective Interest Rate on Debt %

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Address

Kamagashira Common Gate West Building 20th Floor, Kasumigaseki 3-chome 2 - 1, Kasumigaseki, Chiyoda - ku, Tokyo, JPN, 100-0013

Website

https://kasumigaseki.co.jp

Kasumigaseki Capital Co Ltd is engaged in the management and operation of power generation business by natural energy such as solar, wind power and biomass. Further, it is also involved in the real estate sale, leasing, brokerage and operation of shopping center.

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