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Kyowakogyosyo Co (TSE:5971) Effective Interest Rate on Debt % : 0.26% (As of Apr. 2024)


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What is Kyowakogyosyo 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. Kyowakogyosyo Co's annualized positive value of Interest Expense for the quarter that ended in Apr. 2024 was 円0 Mil. Kyowakogyosyo Co's average total debt for the quarter that ended in Apr. 2024 was 円15 Mil. Therefore, Kyowakogyosyo Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2024 was 0.26%.


Kyowakogyosyo Co Effective Interest Rate on Debt % Historical Data

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

Kyowakogyosyo Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.26 0.42 0.23 0.25

Kyowakogyosyo Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.25 0.25 0.25 0.26

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

For the Tools & Accessories subindustry, Kyowakogyosyo 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.


Kyowakogyosyo Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kyowakogyosyo Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Kyowakogyosyo Co Effective Interest Rate on Debt % Calculation

Kyowakogyosyo Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Apr. 2023 )+Total Debt  (A: Apr. 2024 ))/ count )
=-1  *  -0.134/( (104.5+2.5)/ 2 )
=-1  *  -0.134/53.5
=0.25 %

where

Kyowakogyosyo Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jan. 2024 )+Total Debt  (Q: Apr. 2024 ))/ count )
=-1  *  -0.04/( (28+2.5)/ 2 )
=-1  *  -0.04/15.25
=0.26 %

where

* 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 four times the quarterly (Apr. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Kyowakogyosyo Co  (TSE:5971) Effective Interest Rate on Debt % Explanation

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


Kyowakogyosyo Co Effective Interest Rate on Debt % Related Terms

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Kyowakogyosyo Co Business Description

Traded in Other Exchanges
N/A
Address
1-chome industrial estate 57, Komatsu, Ishikawa, JPN, 923-8620
Kyowakogyosyo Co Ltd manufactures and sells bolts for construction machinery and related businesses. Its products include hexagon head bolt and JIS six square hole equipped volts or bolt, marine engine unit bolts, automotive parts, and forged parts. The products offered by the company are used in bucket-edge system, attachment system, and suspension system, among others.

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