Fuso Chemical Co (TSE:4368) Effective Interest Rate on Debt % : 0.66% (As of Mar. 2024)

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What is Fuso Chemical 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. Fuso Chemical Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was 円131 Mil. Fuso Chemical Co's average total debt for the quarter that ended in Mar. 2024 was 円20,000 Mil. Therefore, Fuso Chemical Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.66%.

Fuso Chemical Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Fuso Chemical 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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Fuso Chemical Co Effective Interest Rate on Debt % Chart

Fuso Chemical Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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0.61

Fuso Chemical 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															-	0.45	0.66	0.66	0.66

Competitive Comparison of Fuso Chemical Co's Effective Interest Rate on Debt %

For the Chemicals subindustry, Fuso Chemical 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.

Fuso Chemical Co's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fuso Chemical Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Fuso Chemical Co Effective Interest Rate on Debt % Calculation

Fuso Chemical 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 * -121.678	/	( (0	+	20000)	/ 1 )
=	-1 * -121.678	/	20000
=	0.61 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20000	+	0
=	20000

Fuso Chemical Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -131.16	/	( (20000	+	20000)	/ 2 )
=	-1 * -131.16	/	20000
=	0.66 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20000	+	0
=	20000

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20000	+	0
=	20000

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

Fuso Chemical Co (TSE:4368) Effective Interest Rate on Debt % Explanation

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

Fuso Chemical Co Effective Interest Rate on Debt % Related Terms

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Fuso Chemical Co (TSE:4368) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Fuso Chemical Co Ltd (TSE:4368) » Definitions » Effective Interest Rate on Debt %

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Address

4-10-3 Koraibashi, Nissei Fushimicho Building New Building 5th Floor, Chuo-ku, Osaka, JPN, 541-0043

Website

http://www.fusokk.co.jp

Fuso Chemical Co Ltd is a Japan-based company which is mainly engaged in the life science business and the electronic material and functional chemical business. It is involved in the manufacturing and selling of fruit acids, including apple acids, gluconic acid and citric acids, as well as application development products. It also provides electronic materials, including high-purity spherical silica; functional chemicals, including plastic, paint additives and resin additives, as well as fine chemicals.

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