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Iwasaki Electric Co (TSE:6924) Effective Interest Rate on Debt % : 1.97% (As of Dec. 2022)


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What is Iwasaki Electric 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. Iwasaki Electric Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was 円72 Mil. Iwasaki Electric Co's average total debt for the quarter that ended in Dec. 2022 was 円3,660 Mil. Therefore, Iwasaki Electric Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 1.97%.


Iwasaki Electric Co Effective Interest Rate on Debt % Historical Data

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

Iwasaki Electric Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.57 1.46 1.50 1.51

Iwasaki Electric Co Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 1.37 2.01 1.58 1.88 1.97

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

For the Furnishings, Fixtures & Appliances subindustry, Iwasaki Electric 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.


Iwasaki Electric Co's Effective Interest Rate on Debt % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Iwasaki Electric Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Iwasaki Electric Co Effective Interest Rate on Debt % Calculation

Iwasaki Electric Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2021 )+Total Debt  (A: Mar. 2022 ))/ count )
=-1  *  -67/( (5500+3390)/ 2 )
=-1  *  -67/4445
=1.51 %

where

Iwasaki Electric Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2022 )+Total Debt  (Q: Dec. 2022 ))/ count )
=-1  *  -72/( (3160+4160)/ 2 )
=-1  *  -72/3660
=1.97 %

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 (Dec. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Iwasaki Electric Co  (TSE:6924) Effective Interest Rate on Debt % Explanation

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


Iwasaki Electric Co Effective Interest Rate on Debt % Related Terms

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Iwasaki Electric Co (TSE:6924) Business Description

Traded in Other Exchanges
N/A
Address
Bakurocho-daiichi Building 1-4-16, Nihonbashi-bakurocho, Chuo-ku, Tokyo, JPN, 103-0002
Iwasaki Electric Co., Ltd is a supplier of lighting products and industrial systems. The product line includes - lights for streets, tunnels, security, landscape lighting, sports lighting, factory lighting, commercial lighting, information display systems, and environment simulation systems.

Iwasaki Electric Co (TSE:6924) Headlines

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