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Create Restaurants Holdings (TSE:3387) Effective Interest Rate on Debt % : 0.73% (As of Feb. 2024)


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What is Create Restaurants 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. Create Restaurants Holdings's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was 円504 Mil. Create Restaurants Holdings's average total debt for the quarter that ended in Feb. 2024 was 円68,698 Mil. Therefore, Create Restaurants Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 0.73%.


Create Restaurants Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Create Restaurants 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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Create Restaurants Holdings Effective Interest Rate on Debt % Chart

Create Restaurants Holdings Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.77 0.63 0.92 0.93

Create Restaurants Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.17 0.77 1.43 0.95 0.73

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

For the Restaurants subindustry, Create Restaurants 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.


Create Restaurants Holdings's Effective Interest Rate on Debt % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Create Restaurants Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Create Restaurants Holdings Effective Interest Rate on Debt % Calculation

Create Restaurants Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Feb. 2023 )+Total Debt  (A: Feb. 2024 ))/ count )
=-1  *  -663/( (75527+67772)/ 2 )
=-1  *  -663/71649.5
=0.93 %

where

Total Debt  (A: Feb. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=56064 + 19463
=75527

Total Debt  (A: Feb. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=48174 + 19598
=67772

Create Restaurants Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2023 )+Total Debt  (Q: Feb. 2024 ))/ count )
=-1  *  -504/( (69624+67772)/ 2 )
=-1  *  -504/68698
=0.73 %

where

Total Debt  (Q: Nov. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=50429 + 19195
=69624

Total Debt  (Q: Feb. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=48174 + 19598
=67772

* 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 (Feb. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Create Restaurants Holdings  (TSE:3387) Effective Interest Rate on Debt % Explanation

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


Create Restaurants Holdings Effective Interest Rate on Debt % Related Terms

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Create Restaurants Holdings (TSE:3387) Business Description

Traded in Other Exchanges
N/A
Address
5-10-18 Higashigotanda, Shinagawa-ku, Tokyo, JPN, 141-0022
Create Restaurants Holdings Inc develops, manages, and franchises a variety of food-service brands and formats that fall into categories ranging from casual food courts and ramen to Japanese-style bars and dinnertime restaurants. The company has nearly 800 restaurants operating under nearly 200 different brands that typically offer Japanese, Western, or Chinese cuisines. The vast majority of the company's revenue is generated in Japan. Some of the company's notable brands are Isomaru-Suisan, Kissho, Tanto Tanto, Tsukemen Tetsu, and Hina Sushi.

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