STUDIO ATAO Co (TSE:3550) Effective Interest Rate on Debt % : 0.72% (As of Aug. 2024)

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What is STUDIO ATAO 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. STUDIO ATAO Co's annualized positive value of Interest Expense for the quarter that ended in Aug. 2024 was 円3 Mil. STUDIO ATAO Co's average total debt for the quarter that ended in Aug. 2024 was 円422 Mil. Therefore, STUDIO ATAO Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2024 was 0.72%.

STUDIO ATAO Co Effective Interest Rate on Debt % Historical Data

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

STUDIO ATAO Co Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Effective Interest Rate on Debt %

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0.29

0.84

0.42

0.36

0.52

STUDIO ATAO Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.52	0.51	0.52	0.64	0.72

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

For the Footwear & Accessories subindustry, STUDIO ATAO 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.

STUDIO ATAO Co's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, STUDIO ATAO Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

STUDIO ATAO Co Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2023 )	+	Total Debt (A: Feb. 2024 ))	/ count )
=	-1 * -3.797	/	( (916.44	+	556.668)	/ 2 )
=	-1 * -3.797	/	736.554
=	0.52 %

where

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	556.668	+	359.772
=	916.44

	Total Debt (A: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	198.336	+	358.332
=	556.668

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: May. 2024 )	+	Total Debt (Q: Aug. 2024 ))	/ count )
=	-1 * -3.048	/	( (467.085	+	377.502)	/ 2 )
=	-1 * -3.048	/	422.2935
=	0.72 %

where

	Total Debt (Q: May. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	118.753	+	348.332
=	467.085

	Total Debt (Q: Aug. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	79.17	+	298.332
=	377.502

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

STUDIO ATAO Co (TSE:3550) Effective Interest Rate on Debt % Explanation

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

STUDIO ATAO Co Effective Interest Rate on Debt % Related Terms

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STUDIO ATAO Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » STUDIO ATAO Co Ltd (TSE:3550) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

8-2, Chuo-ku, Kobe-shi, Hyogo Prefecture, Chuo-ku, Tokyo, JPN, 651-0087

Website

http://www.atao.co.jp

STUDIO ATAO Co Ltd design and sells bags and purses. The company also manages direct retail stores and internet stores. The firm engages in the planning and sale of original bags, wallets. It also administers and manages stores; produces and operates Internet shops; and plans and produces paper media, including illustrations, as well as engages in character planning, creation, planning, and production of promotional goods, such as novelties.

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