ARAYA INDUSTRIAL Co (TSE:7305) Effective Interest Rate on Debt % : 0.52% (As of Dec. 2023)

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What is ARAYA INDUSTRIAL 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. ARAYA INDUSTRIAL Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円32 Mil. ARAYA INDUSTRIAL Co's average total debt for the quarter that ended in Dec. 2023 was 円6,105 Mil. Therefore, ARAYA INDUSTRIAL Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.52%.

ARAYA INDUSTRIAL Co Effective Interest Rate on Debt % Historical Data

The historical data trend for ARAYA INDUSTRIAL 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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ARAYA INDUSTRIAL Co Effective Interest Rate on Debt % Chart

ARAYA INDUSTRIAL Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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0.85

0.54

0.61

0.52

0.53

ARAYA INDUSTRIAL Co 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															0.50	0.56	0.51	0.52	0.52

Competitive Comparison of ARAYA INDUSTRIAL Co's Effective Interest Rate on Debt %

For the Steel subindustry, ARAYA INDUSTRIAL 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.

ARAYA INDUSTRIAL Co's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ARAYA INDUSTRIAL Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

ARAYA INDUSTRIAL Co Effective Interest Rate on Debt % Calculation

ARAYA INDUSTRIAL Co'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 * -34	/	( (6624	+	6255)	/ 2 )
=	-1 * -34	/	6439.5
=	0.53 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2665	+	3959
=	6624

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2352	+	3903
=	6255

ARAYA INDUSTRIAL Co'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 * -32	/	( (6059	+	6151)	/ 2 )
=	-1 * -32	/	6105
=	0.52 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2110	+	3949
=	6059

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2030	+	4121
=	6151

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.

ARAYA INDUSTRIAL Co (TSE:7305) Effective Interest Rate on Debt % Explanation

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

ARAYA INDUSTRIAL Co Effective Interest Rate on Debt % Related Terms

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ARAYA INDUSTRIAL Co (TSE:7305) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ARAYA INDUSTRIAL Co Ltd (TSE:7305) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

12-12 Minamisenba, Chuo-ku, Osaka, JPN, 542-0081

Website

http://www.araya-kk.co.jp

ARAYA INDUSTRIAL CO., Ltd. is engaged in the manufacturing and selling of high-quality, high-performance iron, stainless steel pipe and others by metal processing technology Roll Forming. Its product offering includes steel pipe, welfare equipment, rim for the bicycle, pipe cutting machine, pipe/sheet metal processing machine and other special purpose machines. The company's products are used in a wide range of fields including automobiles, motorcycles, bicycles, buildings, furniture, industrial machinery, welfare equipment, and logistics equipment.

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