Kyoei Steel (TSE:5440) Effective Interest Rate on Debt % : 3.10% (As of Dec. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Kyoei Steel 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. Kyoei Steel's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was 円2,660 Mil. Kyoei Steel's average total debt for the quarter that ended in Dec. 2024 was 円85,932 Mil. Therefore, Kyoei Steel's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 3.10%.

Kyoei Steel Effective Interest Rate on Debt % Historical Data

The historical data trend for Kyoei Steel'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.

* Premium members only.

Kyoei Steel Effective Interest Rate on Debt % Chart

Kyoei Steel Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

1.75

1.41

2.66

3.73

3.04

Kyoei Steel Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.44	2.86	3.18	3.10	3.08

Competitive Comparison of Kyoei Steel's Effective Interest Rate on Debt %

For the Steel subindustry, Kyoei Steel'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.

Kyoei Steel's Effective Interest Rate on Debt % Distribution in the Steel Industry

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

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

Save Embed

;

Save Embed

;

Kyoei Steel Effective Interest Rate on Debt % Calculation

Kyoei Steel's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2024 )	+	Total Debt (A: Mar. 2025 ))	/ count )
=	-1 * -2683	/	( (92739	+	83550)	/ 2 )
=	-1 * -2683	/	88144.5
=	3.04 %

where

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	32612	+	60127
=	92739

	Total Debt (A: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	28053	+	55497
=	83550

Kyoei Steel'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: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -2660	/	( (91103	+	80760)	/ 2 )
=	-1 * -2660	/	85931.5
=	3.10 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	30729	+	60374
=	91103

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29438	+	51322
=	80760

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.

Kyoei Steel (TSE:5440) Effective Interest Rate on Debt % Explanation

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

Kyoei Steel Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Kyoei Steel's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Kyoei Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kyoei Steel Ltd (TSE:5440) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Issue 16 No. 4-chome, Kita-ku, Dojimahama, Osaka, JPN, 5300004

Website

http://www.kyoeisteel.co.jp

Kyoei Steel Ltd is involved in the business Steel and Material recycling. Its primary activities include manufacture, processing, and sale of steel billets and products, collection, transportation and treatment of general, industrial and medical waste, recycling of automobiles and industrial waste, processing assembly of rebars, designing of steel production plants and sale of steelmaking technology. The firm's products include concrete steel bars, flat bars, I-beams, equal angle bars etc.

Kyoei Steel Headlines

No Headlines