Carlit Holdings Co (TSE:4275) Effective Interest Rate on Debt % : 3.31% (As of Dec. 2023)

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What is Carlit Holdings 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. Carlit Holdings Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円44 Mil. Carlit Holdings Co's average total debt for the quarter that ended in Dec. 2023 was 円1,329 Mil. Therefore, Carlit Holdings Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.31%.

Carlit Holdings Co Effective Interest Rate on Debt % Historical Data

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

Carlit Holdings Co Annual Data

Trend

Mar12

Mar13

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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0.81

0.85

0.88

1.15

1.86

Carlit Holdings Co 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															1.41	1.61	1.95	3.35	3.31

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

For the Specialty Chemicals subindustry, Carlit Holdings 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.

Carlit Holdings Co's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Carlit Holdings Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Carlit Holdings Co Effective Interest Rate on Debt % Calculation

Carlit Holdings Co'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 * -59	/	( (3477	+	2878)	/ 2 )
=	-1 * -59	/	3177.5
=	1.86 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2198	+	1279
=	3477

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1874	+	1004
=	2878

Carlit Holdings Co'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 * -44	/	( (1481	+	1176)	/ 2 )
=	-1 * -44	/	1328.5
=	3.31 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	706	+	775
=	1481

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	588	+	588
=	1176

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.

Carlit Holdings Co (TSE:4275) Effective Interest Rate on Debt % Explanation

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

Carlit Holdings Co Effective Interest Rate on Debt % Related Terms

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Carlit Holdings Co (TSE:4275) Business Description

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Traded in Other Exchanges

N/A

Address

1-17-10, Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031

Website

http://www.carlithd.co.jp

Carlit Holdings Co Ltd is a Japan-based company. Along with its subsidiaries, Carlit operates in four business divisions including chemicals, bottling, industrial materials and other business. Its chemical division manufacture and sell industrial explosives used in quarrying limestone and other rocks, automotive emergency flares, sodium chlorate, and ammonium perchlorate. Bottling division is engaged in manufacturing of canned and PET bottles. Industrial materials division manufacture and sell silicon wafers for semiconductors used in computers and LED lighting. Other business division is engaged in the design and supervision of sewerage, water supply and wastewater treatment facilities, sales and application of industrial coatings and paints, and the provision of construction engineering.

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