Lassic Co (TSE:574A) Effective Interest Rate on Debt %: 1.16% (As of Apr. 2026)

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TSE:574A Lassic Co Ltd TSE:574A
19 GF Score
Price 円887.00
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What is Lassic Co Effective Interest Rate on Debt %?

Lassic Co TSE:574A 19 Effective Interest Rate on Debt % is 1.16% as of Apr. 2026. GuruFocus rates TSE:574A with a GF Score™ of 19/100.

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. Lassic Co's annualized positive value of Interest Expense for the quarter that ended in Apr. 2026 was 円3 Mil. Lassic Co's average total debt for the quarter that ended in Apr. 2026 was 円268 Mil. Therefore, Lassic Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 was 1.16%.


Lassic Co  (TSE:574A) Effective Interest Rate on Debt % Explanation

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


Lassic Co Effective Interest Rate on Debt % Related Terms


Lassic Co Effective Interest Rate on Debt % Historical Data

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The historical data trend for Lassic 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.

Lassic Co Effective Interest Rate on Debt % Chart

Lassic Co Annual Data
Trend Apr24 Apr25 Apr26
Effective Interest Rate on Debt %
0.07 0.08 0.96

Lassic Co Semi-Annual Data
Apr24 Apr25 Oct25 Apr26
Effective Interest Rate on Debt % 0.00 0.00 0.79 1.16

TSE:574A vs KFY, RHI, TNET: Effective Interest Rate on Debt % Comparison

For the Staffing & Employment Services subindustry, Lassic 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.


Lassic Co Effective Interest Rate on Debt % vs Business Services Industry

For the Business Services industry and Industrials sector, Lassic Co's Effective Interest Rate on Debt % distribution charts can be found below:

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


TSE:574A
19GF Score
Lassic Co Ltd TSE:574A
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lassic Co Effective Interest Rate on Debt % Calculation

Lassic Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Apr. 2025 )+Total Debt  (A: Apr. 2026 ))/ count )
=-1  *  -2.699/( (302.956+257.86)/ 2 )
=-1  *  -2.699/280.408
=0.96 %

where

Total Debt  (A: Apr. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=229.534 + 73.422
=302.956

Total Debt  (A: Apr. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=163.444 + 94.416
=257.86

Lassic Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2025 )+Total Debt  (Q: Apr. 2026 ))/ count )
=-1  *  -3.112/( (277.534+257.86)/ 2 )
=-1  *  -3.112/267.697
=1.16 %

where

Total Debt  (Q: Oct. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=184.534 + 93
=277.534

Total Debt  (Q: Apr. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=163.444 + 94.416
=257.86

* 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.

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 two times the semi-annual (Apr. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 1.16% mean?
Lassic Co (TSE:574A) has a Effective Interest Rate on Debt % of 1.16% as of Apr. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Lassic Co and its competitors.
Is Lassic Co's Effective Interest Rate on Debt % too high?
Lassic Co's current Effective Interest Rate on Debt % is 1.16%. Overall, Lassic Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Lassic Co's Effective Interest Rate on Debt % compare to KFY and RHI?
Lassic Co's Effective Interest Rate on Debt % of 1.16% can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Business Services company?
A good Effective Interest Rate on Debt % depends on the Business Services industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Lassic Co and its competitors. Lassic Co's current Effective Interest Rate on Debt % is 1.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lassic Co stock overvalued right now?
Lassic Co (TSE:574A) has a current Effective Interest Rate on Debt % of 1.16%. The current Effective Interest Rate on Debt % is 1.16%. Lassic Co's overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Lassic Co (TSE:574A), the current Effective Interest Rate on Debt % is 1.16% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lassic Co Business Description

Address 3-201-3 Minamiyoshikata, Tottori Prefecture, Tottori, JPN, 680-0843
Lassic Co Ltd provides recruitment services and system development support using IT professional freelancers. The company's business platforms include: i) Remogu: Human resources service specializing in remote work. It develops borderless matching services that transcend boundaries such as work styles, places of work (overseas and regions), age, and occupation. ii) IT Solutions: In the field of system operation and maintenance, which is troubled by business continuity due to a shortage of human resources, Prime (primary contracting) system integration services that use borderless, DX, and capabilities as weapons.
19GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円887.00
Price