GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nissei Plastic Industrial Co Ltd (TSE:6293) » Definitions » Effective Interest Rate on Debt %

Nissei Plastic Industrial Co (TSE:6293) Effective Interest Rate on Debt % : 0.87% (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Nissei Plastic Industrial 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. Nissei Plastic Industrial Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円204 Mil. Nissei Plastic Industrial Co's average total debt for the quarter that ended in Dec. 2023 was 円23,380 Mil. Therefore, Nissei Plastic Industrial Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.87%.


Nissei Plastic Industrial Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Nissei Plastic Industrial 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.

* Premium members only.

Nissei Plastic Industrial Co Effective Interest Rate on Debt % Chart

Nissei Plastic Industrial Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.15 1.90 1.58 1.01

Nissei Plastic Industrial 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 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 1.08 0.69 1.01 0.87 0.87

Competitive Comparison of Nissei Plastic Industrial Co's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Nissei Plastic Industrial 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.


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

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

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



Nissei Plastic Industrial Co Effective Interest Rate on Debt % Calculation

Nissei Plastic Industrial Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -121/( (8428+15536)/ 2 )
=-1  *  -121/11982
=1.01 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8589 + 6947
=15536

Nissei Plastic Industrial 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  *  -204/( (20584+26176)/ 2 )
=-1  *  -204/23380
=0.87 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7310 + 13274
=20584

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8573 + 17603
=26176

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Nissei Plastic Industrial Co  (TSE:6293) Effective Interest Rate on Debt % Explanation

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


Nissei Plastic Industrial Co Effective Interest Rate on Debt % Related Terms

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


Nissei Plastic Industrial Co (TSE:6293) Business Description

Traded in Other Exchanges
Address
2110 Minamijo, Nagano-ken, Hanishina-gun, Sakaki-machi, JPN, 389-0693
Nissei Plastic Industrial Co Ltd develops, manufactures, and sells injection molding machines, molds, composite materials, auto-molding systems, measuring instruments. It offers hybrid and electric horizontal injection molding machines; hybrid and electric vertical injection molding machines, and hybrid compact vertical injection molding machines; hybrid and electric 2-color/dissimilar material molding machines; nitrogen gas generators; quality/production control systems; and molding data collecting/recording/analyzing systems.

Nissei Plastic Industrial Co (TSE:6293) Headlines

No Headlines