GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Freesia Macross Corp (TSE:6343) » Definitions » Effective Interest Rate on Debt %

Freesia Macross (TSE:6343) Effective Interest Rate on Debt % : 1.58% (As of Mar. 2024)


View and export this data going back to 1963. Start your Free Trial

What is Freesia Macross 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. Freesia Macross's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was 円155 Mil. Freesia Macross's average total debt for the quarter that ended in Mar. 2024 was 円9,823 Mil. Therefore, Freesia Macross's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 1.58%.


Freesia Macross Effective Interest Rate on Debt % Historical Data

The historical data trend for Freesia Macross'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.

Freesia Macross Effective Interest Rate on Debt % Chart

Freesia Macross Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 1.43 1.61 1.52 1.62

Freesia Macross Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.54 1.57 1.73 1.61 1.58

Competitive Comparison of Freesia Macross's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Freesia Macross'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.


Freesia Macross's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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



Freesia Macross Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2023 )+Total Debt  (A: Mar. 2024 ))/ count )
=-1  *  -154.779/( (9176.148+9918.148)/ 2 )
=-1  *  -154.779/9547.148
=1.62 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7602.52 + 1573.628
=9176.148

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7843.962 + 2074.186
=9918.148

Freesia Macross's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -155.064/( (9727.033+9918.148)/ 2 )
=-1  *  -155.064/9822.5905
=1.58 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7826.708 + 1900.325
=9727.033

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7843.962 + 2074.186
=9918.148

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


Freesia Macross  (TSE:6343) Effective Interest Rate on Debt % Explanation

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


Freesia Macross Effective Interest Rate on Debt % Related Terms

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


Freesia Macross Business Description

Traded in Other Exchanges
N/A
Address
17 Kanda Higashimatsushitacho, Chiyoda-ku, Tokyo, JPN, 101-0042
Freesia Macross Corp is engaged in manufacturing, processing, and sales including export and import of machines and electric equipments, repair and installation of machinery equipment, plastic resin material and miscellaneous plastic good, pipe, and sheet, planning of construction works, designing, contracting, supervision, and subcontracting.

Freesia Macross Headlines

No Headlines