LONGLIFE HOLDING Co (TSE:4355) Effective Interest Rate on Debt % : 1.14% (As of Jul. 2023)

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What is LONGLIFE HOLDING 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. LONGLIFE HOLDING Co's annualized positive value of Interest Expense for the quarter that ended in Jul. 2023 was 円85 Mil. LONGLIFE HOLDING Co's average total debt for the quarter that ended in Jul. 2023 was 円7,458 Mil. Therefore, LONGLIFE HOLDING Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2023 was 1.14%.

LONGLIFE HOLDING Co Effective Interest Rate on Debt % Historical Data

The historical data trend for LONGLIFE HOLDING 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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LONGLIFE HOLDING Co Effective Interest Rate on Debt % Chart

LONGLIFE HOLDING Co Annual Data

Trend

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Effective Interest Rate on Debt %

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1.41

1.23

1.43

1.15

1.14

LONGLIFE HOLDING Co Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.17	1.15	1.16	1.07	1.14

Competitive Comparison of LONGLIFE HOLDING Co's Effective Interest Rate on Debt %

For the Medical Care Facilities subindustry, LONGLIFE HOLDING 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.

LONGLIFE HOLDING Co's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, LONGLIFE HOLDING Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

LONGLIFE HOLDING Co Effective Interest Rate on Debt % Calculation

LONGLIFE HOLDING Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Oct. 2021 )	+	Total Debt (A: Oct. 2022 ))	/ count )
=	-1 * -95.289	/	( (8773.264	+	7933.946)	/ 2 )
=	-1 * -95.289	/	8353.605
=	1.14 %

where

	Total Debt (A: Oct. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7686.128	+	1087.136
=	8773.264

	Total Debt (A: Oct. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6793.062	+	1140.884
=	7933.946

LONGLIFE HOLDING Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Apr. 2023 )	+	Total Debt (Q: Jul. 2023 ))	/ count )
=	-1 * -85.312	/	( (7378.281	+	7538.429)	/ 2 )
=	-1 * -85.312	/	7458.355
=	1.14 %

where

	Total Debt (Q: Apr. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6261.32	+	1116.961
=	7378.281

	Total Debt (Q: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6080.86	+	1457.569
=	7538.429

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 (Jul. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

LONGLIFE HOLDING Co (TSE:4355) Effective Interest Rate on Debt % Explanation

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

LONGLIFE HOLDING Co Effective Interest Rate on Debt % Related Terms

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LONGLIFE HOLDING Co (TSE:4355) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » LONGLIFE HOLDING Co Ltd (TSE:4355) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Umeda Center Building, 2-4-12 Nakazakinishi, 25th Floor, Kita-ku, Osaka, JPN, 530-0015

Website

http://www.longlife-holding.co.jp

LONGLIFE HOLDING Co., Ltd. is engaged in providing residential care services in Japan. It runs residential care homes and group homes in the urban areas and provides care services to the elderly people and those who need care. It is also involved in the resort businesses.

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