Japan Best Rescue System Co (TSE:2453) Effective Interest Rate on Debt % : 0.89% (As of Dec. 2023)

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What is Japan Best Rescue System 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. Japan Best Rescue System Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円13 Mil. Japan Best Rescue System Co's average total debt for the quarter that ended in Dec. 2023 was 円1,484 Mil. Therefore, Japan Best Rescue System Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.89%.

Japan Best Rescue System Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Japan Best Rescue System 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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Japan Best Rescue System Co Effective Interest Rate on Debt % Chart

Japan Best Rescue System Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

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0.15

0.52

0.61

0.91

0.80

Japan Best Rescue System Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.68	0.65	0.62	0.70	0.89

Competitive Comparison of Japan Best Rescue System Co's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, Japan Best Rescue System 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.

Japan Best Rescue System Co's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Japan Best Rescue System Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Japan Best Rescue System Co's Effective Interest Rate on Debt % falls into.

Japan Best Rescue System Co Effective Interest Rate on Debt % Calculation

Japan Best Rescue System 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 * -16.054	/	( (2232.139	+	1772.269)	/ 2 )
=	-1 * -16.054	/	2002.204
=	0.80 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1828.088	+	404.051
=	2232.139

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1469.718	+	302.551
=	1772.269

Japan Best Rescue System 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 * -13.132	/	( (1772.269	+	1194.779)	/ 2 )
=	-1 * -13.132	/	1483.524
=	0.89 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1469.718	+	302.551
=	1772.269

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	711.479	+	483.3
=	1194.779

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.

Japan Best Rescue System Co (TSE:2453) Effective Interest Rate on Debt % Explanation

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

Japan Best Rescue System Co Effective Interest Rate on Debt % Related Terms

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Japan Best Rescue System Co (TSE:2453) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Japan Best Rescue System Co Ltd (TSE:2453) » Definitions » Effective Interest Rate on Debt %

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Address

1-10-20 Nishiki, Urban Net Fushimi Bldg. 5F, Nagoya, JPN

Website

http://www.jbr.co.jp

Japan Best Rescue System Co Ltd is a Japan based company engages in the provision of daily life rescue services. It offers lifestyle ambulance services; services to various problems, such as glass, water surrounding, key, personal computer troubleshooting service. It also offers call center services; and membership services, as well as real estate support services.

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