Digital Information Technologies (TSE:3916) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2024)

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What is Digital Information Technologies 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. Digital Information Technologies's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was 円0 Mil. Digital Information Technologies's average total debt for the quarter that ended in Dec. 2024 was 円172 Mil. Therefore, Digital Information Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 0.00%.

Digital Information Technologies Effective Interest Rate on Debt % Historical Data

The historical data trend for Digital Information Technologies'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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Digital Information Technologies Effective Interest Rate on Debt % Chart

Digital Information Technologies Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

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6.12

12.28

0.55

Digital Information Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	0.23	1.50	-

Competitive Comparison of Digital Information Technologies's Effective Interest Rate on Debt %

For the Information Technology Services subindustry, Digital Information Technologies'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.

Digital Information Technologies's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Digital Information Technologies's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Digital Information Technologies's Effective Interest Rate on Debt % falls into.

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Digital Information Technologies Effective Interest Rate on Debt % Calculation

Digital Information Technologies'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 * -1.338	/	( (0	+	243.54)	/ 1 )
=	-1 * -1.338	/	243.54
=	0.55 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	204.68	+	38.86
=	243.54

Digital Information Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * 0	/	( (243.54	+	100.36)	/ 2 )
=	-1 * 0	/	171.95
=	0.00 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	204.68	+	38.86
=	243.54

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	69	+	31.36
=	100.36

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

Digital Information Technologies (TSE:3916) Effective Interest Rate on Debt % Explanation

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

Digital Information Technologies Effective Interest Rate on Debt % Related Terms

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Digital Information Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digital Information Technologies Corp (TSE:3916) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

Chuo-ku, Tokyo Hatchobori 4-chome, 5-4 FORECAST Sakurabashi the third floor, Tokyo, JPN

Website

https://www.ditgroup.jp

Digital Information Technologies Corp is a Japan-based information service company mainly engaged in operation of software development business and computer sales business. The company develops business systems, embedded devices, etc. for clients primarily in the fields of finance, communications. Its products include WebARGUS, a Website security solution; and xoBlos, an Excel work innovation platform.

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