Takamisawa Co (TSE:5283) Effective Interest Rate on Debt % : 0.62% (As of Dec. 2023)

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What is Takamisawa 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. Takamisawa Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円64 Mil. Takamisawa Co's average total debt for the quarter that ended in Dec. 2023 was 円10,343 Mil. Therefore, Takamisawa Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.62%.

Takamisawa Co Effective Interest Rate on Debt % Historical Data

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

Takamisawa Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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0.87

0.78

0.70

0.72

Takamisawa 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															0.66	0.63	0.73	0.64	0.62

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

For the Building Materials subindustry, Takamisawa 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.

Takamisawa Co's Effective Interest Rate on Debt % Distribution in the Building Materials Industry

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

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

Takamisawa Co Effective Interest Rate on Debt % Calculation

Takamisawa Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -66	/	( (9421	+	8816)	/ 2 )
=	-1 * -66	/	9118.5
=	0.72 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5062	+	4359
=	9421

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4891	+	3925
=	8816

Takamisawa 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 * -64	/	( (9962	+	10723)	/ 2 )
=	-1 * -64	/	10342.5
=	0.62 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5058	+	4904
=	9962

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4835	+	5888
=	10723

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.

Takamisawa Co (TSE:5283) Effective Interest Rate on Debt % Explanation

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

Takamisawa Co Effective Interest Rate on Debt % Related Terms

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Takamisawa Co (TSE:5283) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Takamisawa Co Ltd (TSE:5283) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

1605-14 Midori Nagano-shi, 7th floor, Takamisawa diamond building, Nagano Prefecture, Nagano, JPN, 380-0813

Website

http://www.kk-takamisawa.co.jp

Takamisawa Co Ltd is a Japanese based company operating in the businesses of construction, electrical construction material, car life, and housing and lifestyle. In the Construction business, the company manufactures and sells secondary concrete products, ready-mixed concrete, sand, gravel, and cement. It is also engaged in the civil engineering and construction, and infrastructure development of mansion, ports and harbors, among others.

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