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Genova (TSE:9341) Effective Interest Rate on Debt % : 0.80% (As of Dec. 2023)


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What is Genova 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. Genova's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円1 Mil. Genova's average total debt for the quarter that ended in Dec. 2023 was 円103 Mil. Therefore, Genova's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.80%.

Genova Effective Interest Rate on Debt % Historical Data

The historical data trend for Genova'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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Genova Effective Interest Rate on Debt % Chart

Genova Annual Data
Trend Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
1.95 1.45 1.59

Genova Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial 1.36 1.55 1.20 0.71 0.80

Competitive Comparison of Genova's Effective Interest Rate on Debt %

For the Medical Devices subindustry, Genova'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.

Genova's Effective Interest Rate on Debt % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Genova's Effective Interest Rate on Debt % distribution charts can be found below:

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


Genova Effective Interest Rate on Debt % Calculation

Genova's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -1.521/( (163.503+28.247)/ 2 )
=-1  *  -1.521/95.875
=1.59 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=66.747 + 96.756
=163.503

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.941 + 21.306
=28.247

Genova'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  *  -0.82/( (111.116+94.448)/ 2 )
=-1  *  -0.82/102.782
=0.80 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45.837 + 65.279
=111.116

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=33.336 + 61.112
=94.448

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

Genova  (TSE:9341) Effective Interest Rate on Debt % Explanation

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

Genova Effective Interest Rate on Debt % Related Terms

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Genova (TSE:9341) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Genova Inc (TSE:9341) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
TSE:6823 TSE:6678 TSE:7600 TSE:7777 TSE:4890 TSE:3079 TSE:7792 TSE:5187 TSE:7963 TSE:7707 ABT SYK MDT BSX SZSE:300760 EW DXCM ZBH STE XAMS:PHIA
Traded in Other Exchanges
N/A
Address
2-21-1, Shibuya, Shibuya Hikarie, 34th Floor, Shibuya-Ku, Tokyo, JPN, 150-8510
Website
https://www.genova.co.jp
Genova Inc manage operations of the medical information site and sales of automatic reception and payment machines for clinics.

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