Rengo Co (TSE:3941) Effective Interest Rate on Debt % : 0.96% (As of Sep. 2024)

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What is Rengo 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. Rengo Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was 円4,248 Mil. Rengo Co's average total debt for the quarter that ended in Sep. 2024 was 円443,539 Mil. Therefore, Rengo Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.96%.

Rengo Co Effective Interest Rate on Debt % Historical Data

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

Rengo Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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0.59

0.53

0.48

0.55

0.77

Rengo Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.79	0.79	0.88	0.96	0.86

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

For the Packaging & Containers subindustry, Rengo 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.

Rengo Co's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Rengo Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Rengo Co Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -3254	/	( (404276	+	437667)	/ 2 )
=	-1 * -3254	/	420971.5
=	0.77 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	254866	+	149410
=	404276

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	295325	+	142342
=	437667

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -4248	/	( (439957	+	447121)	/ 2 )
=	-1 * -4248	/	443539
=	0.96 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	291501	+	148456
=	439957

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	294689	+	152432
=	447121

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

Rengo Co (TSE:3941) Effective Interest Rate on Debt % Explanation

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

Rengo Co Effective Interest Rate on Debt % Related Terms

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Rengo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Rengo Co Ltd (TSE:3941) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-7 Nakanoshima Kita-ku, Osaka, JPN, 530-0005

Website

http://www.rengo.co.jp

Rengo Co Ltd manufactures and sells a variety of packaging products. The firm organizes itself into four segments based on product type. The paperboard and packaging segment, which generates the majority of revenue, sells corrugated packaging and boxes used primarily to package food and agricultural products. The flexible packaging segment sells films, labels, and cellophane used primarily for food and beverage packaging. The heavy duty packaging segment sells plastic and paper container bags used by the agricultural, transportation, and chemicals industries. The overseas business sells packaging products outside of Japan. The majority of revenue comes from Japan.

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