Asia Air Survey Co (TSE:9233) Effective Interest Rate on Debt % : 1.41% (As of Mar. 2024)

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What is Asia Air Survey 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. Asia Air Survey Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was 円74 Mil. Asia Air Survey Co's average total debt for the quarter that ended in Mar. 2024 was 円5,292 Mil. Therefore, Asia Air Survey Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 1.41%.

Asia Air Survey Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Asia Air Survey 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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Asia Air Survey Co Effective Interest Rate on Debt % Chart

Asia Air Survey Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

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2.00

1.75

1.91

1.73

2.19

Asia Air Survey 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															1.18	1.30	3.55	1.70	1.41

Competitive Comparison of Asia Air Survey Co's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Asia Air Survey 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.

Asia Air Survey Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Asia Air Survey Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Asia Air Survey Co Effective Interest Rate on Debt % Calculation

Asia Air Survey Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2022 )	+	Total Debt (A: Sep. 2023 ))	/ count )
=	-1 * -50.917	/	( (2232.193	+	2427.908)	/ 2 )
=	-1 * -50.917	/	2330.0505
=	2.19 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1662.817	+	569.376
=	2232.193

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1802.886	+	625.022
=	2427.908

Asia Air Survey 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 * -74.368	/	( (2697.847	+	7885.835)	/ 2 )
=	-1 * -74.368	/	5291.841
=	1.41 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	257.002	+	2440.845
=	2697.847

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	244.031	+	7641.804
=	7885.835

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.

Asia Air Survey Co (TSE:9233) Effective Interest Rate on Debt % Explanation

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

Asia Air Survey Co Effective Interest Rate on Debt % Related Terms

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Asia Air Survey Co (TSE:9233) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Asia Air Survey Co Ltd (TSE:9233) » Definitions » Effective Interest Rate on Debt %

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Address

6-14-1 Nishi Shinjuku, Shinjuku-ku, Green Tower Building, 15th Floor, Tokyo, JPN, 160-0023

Website

http://www.ajiko.co.jp

Asia Air Survey Co Ltd is a construction consulting company specializing in aerial surveying. The company includes a group of technical specialists with high-precision, specialized technology in businesses and fields such as surveying, disaster prevention, the environment and spatial information.

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