Asiro (TSE:7378) Effective Interest Rate on Debt % : 1.25% (As of Apr. 2024)

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What is Asiro 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. Asiro's annualized positive value of Interest Expense for the quarter that ended in Apr. 2024 was 円11 Mil. Asiro's average total debt for the quarter that ended in Apr. 2024 was 円859 Mil. Therefore, Asiro's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2024 was 1.25%.

Asiro Effective Interest Rate on Debt % Historical Data

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

Asiro Annual Data

Trend

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Effective Interest Rate on Debt %

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1.42

1.38

1.32

1.21

1.20

Asiro Quarterly Data
	Oct19	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													1.09	1.24	1.35	1.23	1.25

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

For the Personal Services subindustry, Asiro'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.

Asiro's Effective Interest Rate on Debt % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Asiro's Effective Interest Rate on Debt % distribution charts can be found below:

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

Asiro Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Oct. 2022 )	+	Total Debt (A: Oct. 2023 ))	/ count )
=	-1 * -10.228	/	( (755.864	+	952.334)	/ 2 )
=	-1 * -10.228	/	854.099
=	1.20 %

where

	Total Debt (A: Oct. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	556.245	+	199.619
=	755.864

	Total Debt (A: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	678.305	+	274.029
=	952.334

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jan. 2024 )	+	Total Debt (Q: Apr. 2024 ))	/ count )
=	-1 * -10.7	/	( (901.565	+	815.672)	/ 2 )
=	-1 * -10.7	/	858.6185
=	1.25 %

where

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	627.02	+	274.545
=	901.565

	Total Debt (Q: Apr. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	544.524	+	271.148
=	815.672

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

Asiro (TSE:7378) Effective Interest Rate on Debt % Explanation

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

Asiro Effective Interest Rate on Debt % Related Terms

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Asiro Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Asiro Inc (TSE:7378) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

7-7-6 Nishi-shinjuku, Shinjuku-ku, Tokyo, JPN, 160?0023

Website

https://asiro.co.jp

Asiro Inc is engaged in the operation of legal media sites connecting the lawyer industry and IT, and others.

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