Hasegawa Co (TSE:8230) Effective Interest Rate on Debt % : 0.78% (As of Dec. 2023)

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What is Hasegawa 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. Hasegawa Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円24 Mil. Hasegawa Co's average total debt for the quarter that ended in Dec. 2023 was 円3,058 Mil. Therefore, Hasegawa Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.78%.

Hasegawa Co Effective Interest Rate on Debt % Historical Data

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

Hasegawa Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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0.82

0.60

0.64

0.67

Hasegawa 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															0.67	0.66	0.50	0.73	0.78

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

For the Specialty Retail subindustry, Hasegawa 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.

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

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

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

Hasegawa Co Effective Interest Rate on Debt % Calculation

Hasegawa 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 * -24.264	/	( (4375.448	+	2902.967)	/ 2 )
=	-1 * -24.264	/	3639.2075
=	0.67 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2901.109	+	1474.339
=	4375.448

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1585.158	+	1317.809
=	2902.967

Hasegawa 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 * -24	/	( (3089	+	3026)	/ 2 )
=	-1 * -24	/	3057.5
=	0.78 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1692	+	1397
=	3089

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1474	+	1552
=	3026

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.

Hasegawa Co (TSE:8230) Effective Interest Rate on Debt % Explanation

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

Hasegawa Co Effective Interest Rate on Debt % Related Terms

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Hasegawa Co (TSE:8230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hasegawa Co Ltd (TSE:8230) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

1-5-3 Koraku, Bunkyo-ku, Koraku International Building, 7th floor, Tokyo, JPN, 112-0004

Website

https://corp.hasegawa.jp

Hasegawa Co Ltd sells Buddhist altars and Buddhist altars at more than 100 directly managed stores mainly in the Kanto, Tokai, and Kyushu regions. The company operates through three reporting segments namely Ingredients / Tombstones, Indoor Tombstones, and Food / Miscellaneous Goods. The tombstones segment is engaged in the retail sale of Buddhist altar Buddhist altars and tombstones.

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