Hirose Tusyo (TSE:7185) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)

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What is Hirose Tusyo 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. Hirose Tusyo's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円0 Mil. Hirose Tusyo's average total debt for the quarter that ended in Dec. 2023 was 円7,565 Mil. Therefore, Hirose Tusyo's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.

Hirose Tusyo Effective Interest Rate on Debt % Historical Data

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

Hirose Tusyo Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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0.79

0.92

0.76

Hirose Tusyo 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															-	-	-	-	-

Competitive Comparison of Hirose Tusyo's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Hirose Tusyo'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.

Hirose Tusyo's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hirose Tusyo's Effective Interest Rate on Debt % distribution charts can be found below:

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

Hirose Tusyo Effective Interest Rate on Debt % Calculation

Hirose Tusyo'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 * 0	/	( (6200	+	6300)	/ 2 )
=	-1 * 0	/	6250
=	0.00 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	500	+	5700
=	6200

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	6300
=	6300

Hirose Tusyo'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 * 0	/	( (6500	+	8630)	/ 2 )
=	-1 * 0	/	7565
=	0.00 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	6500
=	6500

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	8630
=	8630

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.

Hirose Tusyo (TSE:7185) Effective Interest Rate on Debt % Explanation

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

Hirose Tusyo Effective Interest Rate on Debt % Related Terms

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Hirose Tusyo (TSE:7185) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hirose Tusyo Inc (TSE:7185) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nishi-ku, Osaka Shinmachi 1-chome, No. 3, No. 19 MG building, Yubinbango, Osaka, JPN

Website

http://www.hirose-fx.co.jp

Hirose Tusyo Inc provides foreign exchange margin transactions services. The company mainly provides the services through the internet. Hirose Tsusyo also provides foreign exchange related information or systems to the customers. The company is mainly engaged in foreign exchange margin trading business, which provides investors with foreign exchange margin trading and binary options trading through the Internet; provision of trading systems for group companies; provision of white label services for financial instruments traders, over-the-counter derivative transactions or the intermediary, brokerage business, foreign exchange market derivative transactions, currency trading, commodity futures trading, and foreign exchange transactions.

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