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Modec (TSE:6269) Effective Interest Rate on Debt % : 17.57% (As of Mar. 2025)


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What is Modec 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. Modec's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was 円13,503 Mil. Modec's average total debt for the quarter that ended in Mar. 2025 was 円76,854 Mil. Therefore, Modec's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 17.57%.


Modec Effective Interest Rate on Debt % Historical Data

The historical data trend for Modec'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.

Modec Effective Interest Rate on Debt % Chart

Modec Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.33 30.11 22.53 14.71 15.86

Modec 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 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 9.04 20.39 11.57 21.54 17.57

Competitive Comparison of Modec's Effective Interest Rate on Debt %

For the Oil & Gas Equipment & Services subindustry, Modec'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.


Modec's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Modec's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Modec Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -12793.351/( (82177.874+79127.306)/ 2 )
=-1  *  -12793.351/80652.59
=15.86 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=73855.887 + 8321.987
=82177.874

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=70583.075 + 8544.231
=79127.306

Modec's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -13503.428/( (79127.306+74580.673)/ 2 )
=-1  *  -13503.428/76853.9895
=17.57 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=70583.075 + 8544.231
=79127.306

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=62480.773 + 12099.9
=74580.673

* 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 (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Modec  (TSE:6269) Effective Interest Rate on Debt % Explanation

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


Modec Effective Interest Rate on Debt % Related Terms

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Modec Business Description

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Address
3-10 Nihonbashi Maruzen Tokyu Building 4th & 5th Floors, 2-chome Chuo-ku, Nihonbashi, Tokyo, JPN, 100-0027
Modec Inc operates as a general contractor with specialization in engineering, procurement, construction, and installation of floating production systems. It offers floating production storage and offloading vessels, floating storage and offloading vessels, tension leg platforms, semisubmersibles, and mobile offshore production units. The company also offers operation of its production systems and maintenance services across the globe. Although Modec services offshore markets worldwide, the majority of revenue is derived from Brazilian markets. Modec's vessels are designed to retrieve fluids and gases from reservoirs ranging from subsea to deepwater.

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