JGC Holdings (TSE:1963) Effective Interest Rate on Debt % : 3.42% (As of Dec. 2023)

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What is JGC Holdings 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. JGC Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円1,272 Mil. JGC Holdings's average total debt for the quarter that ended in Dec. 2023 was 円37,202 Mil. Therefore, JGC Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.42%.

JGC Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for JGC Holdings'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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JGC Holdings Effective Interest Rate on Debt % Chart

JGC Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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0.35

0.31

0.60

2.13

3.59

JGC Holdings 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															3.26	3.68	3.13	3.42	4.37

Competitive Comparison of JGC Holdings's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, JGC Holdings'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.

JGC Holdings's Effective Interest Rate on Debt % Distribution in the Construction Industry

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

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

JGC Holdings Effective Interest Rate on Debt % Calculation

JGC Holdings'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 * -1364	/	( (36771	+	39275)	/ 2 )
=	-1 * -1364	/	38023
=	3.59 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23891	+	12880
=	36771

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	34717	+	4558
=	39275

JGC Holdings'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 * -1272	/	( (36582	+	37822)	/ 2 )
=	-1 * -1272	/	37202
=	3.42 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	35349	+	1233
=	36582

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	34538	+	3284
=	37822

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.

JGC Holdings (TSE:1963) Effective Interest Rate on Debt % Explanation

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

JGC Holdings Effective Interest Rate on Debt % Related Terms

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JGC Holdings (TSE:1963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JGC Holdings Corp (TSE:1963) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

JGCCY:USA VJC:Germany

Address

2-3-1, Minato Mirai, Nishi-Ku, Kanagawa, Yokohama-shi, JPN, 220-6001

Website

http://www.jgc.com

JGC Holdings Corp offers planning, consulting, materials procurement, construction, operation, and maintenance for various plants and facilities. In addition, it invests in oil and gas field development projects and utility businesses. The company has two operating segments: total engineering the (majority of total revenue); and catalysts and fine products. It constructs and performs tests on machinery and plants for multiple energy and industrial markets. The company utilizes engineering technology and project management capabilities. Additional sales are generated from providing operational support after completion of projects. Asia is an important region for the company, but the company also sells to Australia, the Middle East, and North America.

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