BroadBand Tower (TSE:3776) Effective Interest Rate on Debt % : 0.93% (As of Mar. 2024)

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What is BroadBand Tower 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. BroadBand Tower's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was 円33 Mil. BroadBand Tower's average total debt for the quarter that ended in Mar. 2024 was 円3,510 Mil. Therefore, BroadBand Tower's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.93%.

BroadBand Tower Effective Interest Rate on Debt % Historical Data

The historical data trend for BroadBand Tower'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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BroadBand Tower Effective Interest Rate on Debt % Chart

BroadBand Tower Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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1.03

0.80

0.84

0.89

0.91

BroadBand Tower Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.88	0.92	0.93	0.93	0.93

Competitive Comparison of BroadBand Tower's Effective Interest Rate on Debt %

For the Telecom Services subindustry, BroadBand Tower'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.

BroadBand Tower's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, BroadBand Tower's Effective Interest Rate on Debt % distribution charts can be found below:

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

BroadBand Tower Effective Interest Rate on Debt % Calculation

BroadBand Tower's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -37.349	/	( (4523.508	+	3640.766)	/ 2 )
=	-1 * -37.349	/	4082.137
=	0.91 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3000.766	+	1522.742
=	4523.508

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2135.562	+	1505.204
=	3640.766

BroadBand Tower's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -32.58	/	( (3640.766	+	3378.84)	/ 2 )
=	-1 * -32.58	/	3509.803
=	0.93 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2135.562	+	1505.204
=	3640.766

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1906.144	+	1472.696
=	3378.84

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

BroadBand Tower (TSE:3776) Effective Interest Rate on Debt % Explanation

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

BroadBand Tower Effective Interest Rate on Debt % Related Terms

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BroadBand Tower (TSE:3776) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » BroadBand Tower Inc (TSE:3776) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

4-2-6 Akasaka, Tokyo, JPN

Website

http://www.bbtower.co.jp

BroadBand Tower, Inc. is a Japan-based company engaged in the provision of internet services. The company offers various services such as portal and e-commerce sites, video distribution sites, and social media and others. It operates through two businesses namely computer platform and fashion industry platform. The computer platform business includes data center and cloud services, storage products, and the internet of things. Its fashion industry platform business provides electronic-commerce support services, apparel planning, manufacturing and marketing and television shopping support services.

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