Inaba Denkisangyo Co (Inaba Denkisangyo Co) Effective Interest Rate on Debt % : 5.01% (As of Dec. 2023)

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What is Inaba Denkisangyo 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. Inaba Denkisangyo Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0 Mil. Inaba Denkisangyo Co's average total debt for the quarter that ended in Dec. 2023 was $3 Mil. Therefore, Inaba Denkisangyo Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.01%.

Inaba Denkisangyo Co Effective Interest Rate on Debt % Historical Data

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

Inaba Denkisangyo Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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10.27

3.09

3.63

3.13

4.27

Inaba Denkisangyo 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															3.07	2.99	4.93	5.01	4.72

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

For the Electrical Equipment & Parts subindustry, Inaba Denkisangyo 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.

Inaba Denkisangyo Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Inaba Denkisangyo Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Inaba Denkisangyo Co Effective Interest Rate on Debt % Calculation

Inaba Denkisangyo Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -0.12	/	( (2.858	+	2.757)	/ 2 )
=	-1 * -0.12	/	2.8075
=	4.27 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.858
=	2.858

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.757
=	2.757

Inaba Denkisangyo 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 * -0.14	/	( (2.746	+	2.841)	/ 2 )
=	-1 * -0.14	/	2.7935
=	5.01 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.746
=	2.746

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.841
=	2.841

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.

Inaba Denkisangyo Co (OTCPK:IBADF) Effective Interest Rate on Debt % Explanation

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

Inaba Denkisangyo Co Effective Interest Rate on Debt % Related Terms

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Inaba Denkisangyo Co (Inaba Denkisangyo Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Inaba Denkisangyo Co Ltd (OTCPK:IBADF) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

9934:Japan

Address

Nishi Ward 4-chome 11-14, Osaka, JPN, 550-0012

Website

http://www.inaba.co.jp

Inaba Denkisangyo Co Ltd is divided its business in Electrical equipment and materials, Industrial solutions and proprietary product divisions. Electrical equipment and materials division comprises products from light fittings, air conditioning systems, distribution panels for all types of buildings. Industrial solutions division consists of solutions for issues such as improving productivity, resource conservation, and space saving. Proprietary products division includes the development of in-house brands Inaba denko and Abaniact. It also develops products for eco-friendly lifestyles.

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