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Curves Holdings Co (TSE:7085) Effective Interest Rate on Debt % : 0.37% (As of Feb. 2024)


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What is Curves Holdings 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. Curves Holdings Co's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was 円39 Mil. Curves Holdings Co's average total debt for the quarter that ended in Feb. 2024 was 円10,722 Mil. Therefore, Curves Holdings Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 0.37%.


Curves Holdings Co Effective Interest Rate on Debt % Historical Data

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

Curves Holdings Co Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.37 0.33 0.36 0.34 0.35

Curves Holdings Co Quarterly Data
Aug18 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.35 0.37 0.35 0.37 0.37

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

For the Leisure subindustry, Curves Holdings 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.


Curves Holdings Co's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Curves Holdings Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Curves Holdings Co Effective Interest Rate on Debt % Calculation

Curves Holdings Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Aug. 2022 )+Total Debt  (A: Aug. 2023 ))/ count )
=-1  *  -47.8/( (15246.5+11956.1)/ 2 )
=-1  *  -47.8/13601.3
=0.35 %

where

Total Debt  (A: Aug. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11956.1 + 3290.4
=15246.5

Total Debt  (A: Aug. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8665.7 + 3290.4
=11956.1

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2023 )+Total Debt  (Q: Feb. 2024 ))/ count )
=-1  *  -39.492/( (11133.5+10310.9)/ 2 )
=-1  *  -39.492/10722.2
=0.37 %

where

Total Debt  (Q: Nov. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7843.1 + 3290.4
=11133.5

Total Debt  (Q: Feb. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7020.5 + 3290.4
=10310.9

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


Curves Holdings Co  (TSE:7085) Effective Interest Rate on Debt % Explanation

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


Curves Holdings Co Effective Interest Rate on Debt % Related Terms

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Curves Holdings Co (TSE:7085) Business Description

Traded in Other Exchanges
N/A
Address
3-9-1 Shibaura Rene site Tower 11th Floor, Shibaura, Minato-ku, Yubinbango, Tokyo, JPN, 108-0023
Curves Holdings Co Ltd is an operator of fitness club curbs for women.

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