Kurashicom (TSE:7110) Effective Interest Rate on Debt % : 0.51% (As of Jan. 2024)

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What is Kurashicom 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. Kurashicom's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was 円1 Mil. Kurashicom's average total debt for the quarter that ended in Jan. 2024 was 円192 Mil. Therefore, Kurashicom's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 0.51%.

Kurashicom Effective Interest Rate on Debt % Historical Data

The historical data trend for Kurashicom'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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Kurashicom Effective Interest Rate on Debt % Chart

Kurashicom Annual Data

Trend

Jul20

Jul21

Jul22

Jul23

Effective Interest Rate on Debt %

0.46

0.47

0.49

0.54

Kurashicom Quarterly Data
	Jul20	Jul21	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					0.52	0.50	0.65	0.51	0.51

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

For the Internet Retail subindustry, Kurashicom'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.

Kurashicom's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kurashicom's Effective Interest Rate on Debt % distribution charts can be found below:

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

Kurashicom Effective Interest Rate on Debt % Calculation

Kurashicom's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2022 )	+	Total Debt (A: Jul. 2023 ))	/ count )
=	-1 * -1.063	/	( (179.42	+	216.109)	/ 2 )
=	-1 * -1.063	/	197.7645
=	0.54 %

where

	Total Debt (A: Jul. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	102.787	+	76.633
=	179.42

	Total Debt (A: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	152.777	+	63.332
=	216.109

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2023 )	+	Total Debt (Q: Jan. 2024 ))	/ count )
=	-1 * -0.984	/	( (200.276	+	184.443)	/ 2 )
=	-1 * -0.984	/	192.3595
=	0.51 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	136.944	+	63.332
=	200.276

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	126.111	+	58.332
=	184.443

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

Kurashicom (TSE:7110) Effective Interest Rate on Debt % Explanation

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

Kurashicom Effective Interest Rate on Debt % Related Terms

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Kurashicom (TSE:7110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kurashicom Inc (TSE:7110) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-16-17 Higashi, Kunitachi-shi, Tokyo, JPN, 186-0002

Website

https://www.kurashi.com

Kurashicom Inc is engaged in the sales business of clothing, general goods, etc., at the site of HOKUOH, KURASHINO DOUGU TEN.

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