Katakura-op Agri (TSE:4031) Effective Interest Rate on Debt % : 0.49% (As of Dec. 2023)

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What is Katakura-op Agri 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. Katakura-op Agri's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円60 Mil. Katakura-op Agri's average total debt for the quarter that ended in Dec. 2023 was 円12,230 Mil. Therefore, Katakura-op Agri's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.49%.

Katakura-op Agri Effective Interest Rate on Debt % Historical Data

The historical data trend for Katakura-op Agri'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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Katakura-op Agri Effective Interest Rate on Debt % Chart

Katakura-op Agri Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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0.52

0.46

0.51

0.52

0.51

Katakura-op Agri Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.54	0.43	0.41	0.39	0.49

Competitive Comparison of Katakura-op Agri's Effective Interest Rate on Debt %

For the Agricultural Inputs subindustry, Katakura-op Agri'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.

Katakura-op Agri's Effective Interest Rate on Debt % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Katakura-op Agri's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Katakura-op Agri's Effective Interest Rate on Debt % falls into.

Katakura-op Agri Effective Interest Rate on Debt % Calculation

Katakura-op Agri's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -44	/	( (7214	+	10118)	/ 2 )
=	-1 * -44	/	8666
=	0.51 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	528	+	6686
=	7214

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	434	+	9684
=	10118

Katakura-op Agri's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -60	/	( (11110	+	13350)	/ 2 )
=	-1 * -60	/	12230
=	0.49 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1700	+	9410
=	11110

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2200	+	11150
=	13350

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Katakura-op Agri (TSE:4031) Effective Interest Rate on Debt % Explanation

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

Katakura-op Agri Effective Interest Rate on Debt % Related Terms

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Katakura-op Agri (TSE:4031) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Katakura & Co-op Agri Corp (TSE:4031) » Definitions » Effective Interest Rate on Debt %

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Address

No. 8-10 , Chuo Kita-ku, Chiyoda-ku, Sumitomo Realty Kudan Building 15th Floor, Kudan building 15 floors, Tokyo, JPN, 102-0073

Website

http://www.katakuraco-op.com

Katakura & Co-op Agri Corp is engaged agriculture inputs. The company has a variety of agricultural materials including chemical fertilizers and compound fertilizers, soil-friendly organic fertilizer, liquid fertilizer, soil cultivation to cultivate seedlings, and microbial materials to prepare soil environment. It also manufactures calcium phosphate and treats raw materials for maintaining health such as poultry raising, pig raising, dairy cattle, and others. The company also sells raw materials for cosmetics such as makeup ingredients, materials for skin care, hair care ingredients, and other related items.

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