Verite Co (TSE:9904) Effective Interest Rate on Debt %: 1.45% (As of Mar. 2026)

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TSE:9904 Verite Co Ltd TSE:9904
72 GF Score
Price 円242.00
GF Value 円473.48
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Verite Co Effective Interest Rate on Debt %?

Verite Co TSE:9904 +0.41% 72 Effective Interest Rate on Debt % is 1.45% as of Mar. 2026. GuruFocus rates TSE:9904 with a GF Score™ of 72/100 and a GF Value™ of 円473.48 (Significantly Undervalued). The stock has 4 warning signs investors should review.

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. Verite Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was 円32 Mil. Verite Co's average total debt for the quarter that ended in Mar. 2026 was 円2,200 Mil. Therefore, Verite Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 1.45%.


Verite Co  (TSE:9904) Effective Interest Rate on Debt % Explanation

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


Verite Co Effective Interest Rate on Debt % Related Terms


Verite Co Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Verite 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.

Verite Co Effective Interest Rate on Debt % Chart

Verite Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.56 0.56 0.80 1.35

Verite Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 1.07 1.08 1.45 1.45

TSE:9904 vs TPR: Effective Interest Rate on Debt % Comparison

For the Luxury Goods subindustry, Verite 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.


Verite Co Effective Interest Rate on Debt % vs Retail - Cyclical Industry

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

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


TSE:9904
72GF Score
Verite Co Ltd TSE:9904
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Verite Co Effective Interest Rate on Debt % Calculation

Verite Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2025 )+Total Debt  (A: Mar. 2026 ))/ count )
=-1  *  -25/( (1500+2200)/ 2 )
=-1  *  -25/1850
=1.35 %

where

Verite Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -32/( (2200+2200)/ 2 )
=-1  *  -32/2200
=1.45 %

where

* 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. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 1.45% mean?
Verite Co (TSE:9904) has a Effective Interest Rate on Debt % of 1.45% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Verite Co and its competitors.
Is Verite Co's Effective Interest Rate on Debt % too high?
Verite Co's current Effective Interest Rate on Debt % is 1.45%. Overall, Verite Co has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Verite Co's Effective Interest Rate on Debt % compare to TPR?
Verite Co's Effective Interest Rate on Debt % of 1.45% can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Retail - Cyclical company?
A good Effective Interest Rate on Debt % depends on the Retail - Cyclical industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Verite Co and its competitors. Verite Co's current Effective Interest Rate on Debt % is 1.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verite Co stock overvalued right now?
Based on GuruFocus' analysis, Verite Co (TSE:9904) is currently considered Significantly Undervalued. The stock's GF Value™ is 円473.48, compared to a current price of 円242.00 — trading 48.9% below its estimated fair value. The current Effective Interest Rate on Debt % is 1.45%. Verite Co's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Verite Co (TSE:9904), the current Effective Interest Rate on Debt % is 1.45% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Verite Co (TSE:9904) Overvalued in 2026?

Based on GuruFocus' analysis, Verite Co stock appears to be undervalued. The current stock price of 円242.00 is trading 48.9% below its estimated GF Value™ of 円473.48. GuruFocus considers Verite Co to be Significantly Undervalued.

Key valuation signals for TSE:9904:

  • Effective Interest Rate on Debt %: 1.45%
  • GF Value™: 円473.48 vs. price of 円242.00 (48.9% below fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the TSE:9904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Verite Co Business Description

Address 3-33-8 Tsuruyacho, Kanagawa-ku, Yokohama, Kanagawa, JPN, 221-8705
Verite Co Ltd is engaged in operating jewellery specialty retail chain. The company is engaged in manufacture and sale of precious metal, clock, and fashion goods. The firm offers customer service and after sales service which include repair, processing and renovation.
72GF Score

Get the complete analysis for TSE:9904

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円242.00
Price
円473.48
GF Value