Tokyu Construction Co (TSE:1720) Effective Interest Rate on Debt % : 0.54% (As of Dec. 2023)

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What is Tokyu Construction 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. Tokyu Construction Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円296 Mil. Tokyu Construction Co's average total debt for the quarter that ended in Dec. 2023 was 円54,444 Mil. Therefore, Tokyu Construction Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.54%.

Tokyu Construction Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Tokyu Construction 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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Tokyu Construction Co Effective Interest Rate on Debt % Chart

Tokyu Construction Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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0.93

0.72

0.68

0.62

0.61

Tokyu Construction 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															0.61	0.65	0.56	0.54	0.53

Competitive Comparison of Tokyu Construction Co's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Tokyu Construction 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.

Tokyu Construction Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

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

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

Tokyu Construction Co Effective Interest Rate on Debt % Calculation

Tokyu Construction 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 * -236	/	( (22209	+	55022)	/ 2 )
=	-1 * -236	/	38615.5
=	0.61 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2027	+	20182
=	22209

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21713	+	33309
=	55022

Tokyu Construction 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 * -296	/	( (47019	+	61869)	/ 2 )
=	-1 * -296	/	54444
=	0.54 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11696	+	35323
=	47019

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21657	+	40212
=	61869

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.

Tokyu Construction Co (TSE:1720) Effective Interest Rate on Debt % Explanation

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

Tokyu Construction Co Effective Interest Rate on Debt % Related Terms

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Tokyu Construction Co (TSE:1720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tokyu Construction Co Ltd (TSE:1720) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

TCW:Germany

Address

1-16-14, Shibuya, Shibuya-ku, Tokyo, JPN, 150-8340

Website

http://www.tokyu-cnst.co.jp

Tokyu Construction is a Japan-based company that provides various construction-related services. The company's services include civil engineering and building construction, investigation, construction planning, geological surveying, consultancy services, measurement, designing, building maintenance and supervision, real estate leasing, and worker dispatching. Its construction activities encompass educational facilities, offices, hotels, commercial facilities, environmental improvement facilities, care facilities, hospitals, logistics facilities, factories, roads, sports facilities, airports, and so on.

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