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Willplus Holdings (TSE:3538) Effective Interest Rate on Debt % : 0.31% (As of Jun. 2024)


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What is Willplus Holdings 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. Willplus Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was 円33 Mil. Willplus Holdings's average total debt for the quarter that ended in Jun. 2024 was 円10,584 Mil. Therefore, Willplus Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 0.31%.


Willplus Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Willplus Holdings'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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Willplus Holdings Effective Interest Rate on Debt % Chart

Willplus Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.27 0.26 0.22 0.21

Willplus Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.25 0.25 0.23 0.31 0.61

Competitive Comparison of Willplus Holdings's Effective Interest Rate on Debt %

For the Auto & Truck Dealerships subindustry, Willplus Holdings'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.


Willplus Holdings's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Willplus Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Willplus Holdings Effective Interest Rate on Debt % Calculation

Willplus Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2023 )+Total Debt  (A: Jun. 2024 ))/ count )
=-1  *  -20.657/( (6433.988+13175.981)/ 2 )
=-1  *  -20.657/9804.9845
=0.21 %

where

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3818.166 + 2615.822
=6433.988

Total Debt  (A: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6415.415 + 6760.566
=13175.981

Willplus Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -33.128/( (7992.876+13175.981)/ 2 )
=-1  *  -33.128/10584.4285
=0.31 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5193.752 + 2799.124
=7992.876

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6415.415 + 6760.566
=13175.981

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


Willplus Holdings  (TSE:3538) Effective Interest Rate on Debt % Explanation

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


Willplus Holdings Effective Interest Rate on Debt % Related Terms

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Willplus Holdings Business Description

Traded in Other Exchanges
N/A
Address
Shiba 5-chome Shiba 5-chome, Minato-ku, Shiba Mita Mori Building, 8th Floor, Tokyo, JPN
Willplus Holdings Corp is a Japanese firm. It is a retailer of the imported car. The Company sells cars of brands including Jaguar, Fiat, Chrysler, Jeep, BMW, Porsche, and Volvo.

Willplus Holdings Headlines

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