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Tosei (TSE:8923) Effective Interest Rate on Debt % : 1.12% (As of Feb. 2024)


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What is Tosei 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. Tosei's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was 円1,624 Mil. Tosei's average total debt for the quarter that ended in Feb. 2024 was 円145,013 Mil. Therefore, Tosei's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 1.12%.


Tosei Effective Interest Rate on Debt % Historical Data

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

Tosei Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.88 0.89 0.95 0.99

Tosei Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.96 1.07 1.02 1.09 1.12

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

For the Real Estate - Diversified subindustry, Tosei'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.


Tosei's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tosei's Effective Interest Rate on Debt % distribution charts can be found below:

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



Tosei Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2022 )+Total Debt  (A: Nov. 2023 ))/ count )
=-1  *  -1347.8/( (124847.545+146587.754)/ 2 )
=-1  *  -1347.8/135717.6495
=0.99 %

where

Total Debt  (A: Nov. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=111108.22 + 13739.325
=124847.545

Total Debt  (A: Nov. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=132804.369 + 13783.385
=146587.754

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2023 )+Total Debt  (Q: Feb. 2024 ))/ count )
=-1  *  -1623.676/( (146587.754+143438.432)/ 2 )
=-1  *  -1623.676/145013.093
=1.12 %

where

Total Debt  (Q: Nov. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=132804.369 + 13783.385
=146587.754

Total Debt  (Q: Feb. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=128122.527 + 15315.905
=143438.432

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


Tosei  (TSE:8923) Effective Interest Rate on Debt % Explanation

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


Tosei Effective Interest Rate on Debt % Related Terms

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Tosei (TSE:8923) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tosei Corp (TSE:8923) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
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Address
4-2-3 Toranomon, Toranomon Tosei Building, Minato-ku, Tokyo, JPN, 105-0001
Tosei Corp is a real estate company. The company's business segment includes Revitalization; Development; Rental; Fund and Consulting; Property Management and Hotel Business. In the Development Business, it examines the characteristics of acquired land and determines the use that will maximize its value, choosing from a diverse product lineup that includes office buildings, commercial facilities, condominiums and detached houses and hotels.

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