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Precision System Science Co (TSE:7707) Effective Interest Rate on Debt % : 1.40% (As of Mar. 2024)


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What is Precision System Science 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. Precision System Science Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was 円35 Mil. Precision System Science Co's average total debt for the quarter that ended in Mar. 2024 was 円2,515 Mil. Therefore, Precision System Science Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 1.40%.


Precision System Science Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Precision System Science 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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Precision System Science Co Effective Interest Rate on Debt % Chart

Precision System Science Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.88 0.71 0.99 1.03

Precision System Science Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.99 1.02 1.09 1.00 1.40

Competitive Comparison of Precision System Science Co's Effective Interest Rate on Debt %

For the Medical Devices subindustry, Precision System Science 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.


Precision System Science Co's Effective Interest Rate on Debt % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Precision System Science Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Precision System Science Co's Effective Interest Rate on Debt % falls into.



Precision System Science Co Effective Interest Rate on Debt % Calculation

Precision System Science Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -40.62/( (4019.456+3866.486)/ 2 )
=-1  *  -40.62/3942.971
=1.03 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2672.058 + 1347.398
=4019.456

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2522.343 + 1344.143
=3866.486

Precision System Science Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -35.26/( (3593.427+1436.574)/ 2 )
=-1  *  -35.26/2515.0005
=1.40 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2254.612 + 1338.815
=3593.427

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=352.966 + 1083.608
=1436.574

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


Precision System Science Co  (TSE:7707) Effective Interest Rate on Debt % Explanation

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


Precision System Science Co Effective Interest Rate on Debt % Related Terms

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Precision System Science Co (TSE:7707) Business Description

Traded in Other Exchanges
N/A
Address
88 Kami-Hongo, Matsudo, JPN
Precision System Science Co., Ltd is engaged in the development, manufacture, and sale of vitro diagnosis like genetic testing, protein inspection, automation equipment. The company is also engaged in production and sales of reagents and plastic consumables.

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