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KeePer Technical Laboratory Co (TSE:6036) Effective Interest Rate on Debt % : 0.24% (As of Mar. 2024)


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What is KeePer Technical Laboratory 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. KeePer Technical Laboratory Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was 円0 Mil. KeePer Technical Laboratory Co's average total debt for the quarter that ended in Mar. 2024 was 円130 Mil. Therefore, KeePer Technical Laboratory Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.24%.


KeePer Technical Laboratory Co Effective Interest Rate on Debt % Historical Data

The historical data trend for KeePer Technical Laboratory 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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KeePer Technical Laboratory Co Effective Interest Rate on Debt % Chart

KeePer Technical Laboratory Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.57 0.58 0.65 0.38

KeePer Technical Laboratory 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 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 0.35 0.28 0.25 0.25 0.24

Competitive Comparison of KeePer Technical Laboratory Co's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, KeePer Technical Laboratory 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.


KeePer Technical Laboratory Co's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

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

* The bar in red indicates where KeePer Technical Laboratory Co's Effective Interest Rate on Debt % falls into.



KeePer Technical Laboratory Co Effective Interest Rate on Debt % Calculation

KeePer Technical Laboratory Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -1.331/( (539.936+160)/ 2 )
=-1  *  -1.331/349.968
=0.38 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=160 + 379.936
=539.936

KeePer Technical Laboratory 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  *  -0.316/( (136+124)/ 2 )
=-1  *  -0.316/130
=0.24 %

where

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


KeePer Technical Laboratory Co  (TSE:6036) Effective Interest Rate on Debt % Explanation

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


KeePer Technical Laboratory Co Effective Interest Rate on Debt % Related Terms

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KeePer Technical Laboratory Co (TSE:6036) Business Description

Traded in Other Exchanges
N/A
Address
4-17, Yoshikawa-cho, Obu-shi, Aichi Prefecture, Obu, JPN, 474-0046
KeePer Technical Laboratory Co Ltd engages in the development, manufacture and sale of car coating products. The firm provides chemicals and equipment for car coating and operates car coating shop. It engages in development of "Keeper PROSHOP" certified car coating technology shops and management of "Keeper LABO" car coating and car wash specialty shops.

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