Sanyo Electric Railway Co (TSE:9052) Effective Interest Rate on Debt % : 0.72% (As of Dec. 2023)

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What is Sanyo Electric Railway 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. Sanyo Electric Railway Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円268 Mil. Sanyo Electric Railway Co's average total debt for the quarter that ended in Dec. 2023 was 円37,258 Mil. Therefore, Sanyo Electric Railway Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.72%.

Sanyo Electric Railway Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Sanyo Electric Railway 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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Sanyo Electric Railway Co Effective Interest Rate on Debt % Chart

Sanyo Electric Railway Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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0.75

0.72

0.70

0.66

0.63

Sanyo Electric Railway 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															0.71	0.66	0.66	0.70	0.72

Competitive Comparison of Sanyo Electric Railway Co's Effective Interest Rate on Debt %

For the Railroads subindustry, Sanyo Electric Railway 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.

Sanyo Electric Railway Co's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sanyo Electric Railway Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Sanyo Electric Railway Co Effective Interest Rate on Debt % Calculation

Sanyo Electric Railway 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 * -246	/	( (37935	+	39771)	/ 2 )
=	-1 * -246	/	38853
=	0.63 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	32471	+	5464
=	37935

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	32069	+	7702
=	39771

Sanyo Electric Railway 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 * -268	/	( (34835	+	39681)	/ 2 )
=	-1 * -268	/	37258
=	0.72 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29551	+	5284
=	34835

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	34369	+	5312
=	39681

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.

Sanyo Electric Railway Co (TSE:9052) Effective Interest Rate on Debt % Explanation

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

Sanyo Electric Railway Co Effective Interest Rate on Debt % Related Terms

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Sanyo Electric Railway Co (TSE:9052) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sanyo Electric Railway Co Ltd (TSE:9052) » Definitions » Effective Interest Rate on Debt %

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Address

3-1-1, Oyashiki-dori, Nagata-ku, Kobe, JPN, 653-0843

Website

http://www.sanyo-railway.co.jp

Sanyo Electric Railway Co Ltd is a Japanese company. It is engaged in railway business which connects from Himeji to Kobe and also to Hanshin Electric Railway through mutual direct driving, and it connects to Osaka Umeda without transfer. The company focuses on constructing a transportation network in the southern area of Hyogo Prefecture. It is also involved in real estate business, where it is promoting the development of residential and commercial facilities with the aim of revitalizing the community, as well as effective utilization of the land. In addition, the company operates Suma Urashiro Ueno Park located in Suma Ward, Kobe City.

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