H.I.S. Co (TSE:9603) Effective Interest Rate on Debt % : 0.89% (As of Jan. 2024)

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What is H.I.S. 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. H.I.S. Co's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was 円2,360 Mil. H.I.S. Co's average total debt for the quarter that ended in Jan. 2024 was 円265,282 Mil. Therefore, H.I.S. Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 0.89%.

H.I.S. Co Effective Interest Rate on Debt % Historical Data

The historical data trend for H.I.S. 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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H.I.S. Co Effective Interest Rate on Debt % Chart

H.I.S. Co Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Effective Interest Rate on Debt %

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0.33

0.44

0.45

0.72

0.82

H.I.S. Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.82	0.76	0.82	0.90	0.89

Competitive Comparison of H.I.S. Co's Effective Interest Rate on Debt %

For the Travel Services subindustry, H.I.S. 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.

H.I.S. Co's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, H.I.S. Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where H.I.S. Co's Effective Interest Rate on Debt % falls into.

H.I.S. Co Effective Interest Rate on Debt % Calculation

H.I.S. Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Oct. 2022 )	+	Total Debt (A: Oct. 2023 ))	/ count )
=	-1 * -2224	/	( (276755	+	266150)	/ 2 )
=	-1 * -2224	/	271452.5
=	0.82 %

where

	Total Debt (A: Oct. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	213398	+	63357
=	276755

	Total Debt (A: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	164585	+	101565
=	266150

H.I.S. Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2023 )	+	Total Debt (Q: Jan. 2024 ))	/ count )
=	-1 * -2360	/	( (266150	+	264414)	/ 2 )
=	-1 * -2360	/	265282
=	0.89 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	164585	+	101565
=	266150

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	140731	+	123683
=	264414

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

H.I.S. Co (TSE:9603) Effective Interest Rate on Debt % Explanation

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

H.I.S. Co Effective Interest Rate on Debt % Related Terms

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H.I.S. Co (TSE:9603) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » H.I.S. Co Ltd (TSE:9603) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

HISJF:USA HIZ:Germany

Address

6-8-1 Nishishinjuku, Shinjuku Oak Tower 29F, Shinjuku-ku, Tokyo, JPN, 163-6029

Website

http://www.his.co.jp

H.I.S. Co Ltd is a Japanese tourism and leisure company. The company organises itself into six segments: travel business, Huis Ten Bosch Group, hotel business, transportation business, The Kyushu Sanko Group, and other business. The travel business segment, which contributes the vast majority of company revenue, includes the company's domestic and international travel agency operations including tours, cruises, honeymoons, and airline tickets. The Huis Ten Bosch Group, the second- largest contributor to company revenue, includes H.I.S.'s theme and water park operations. The company earns the majority of its revenue within Japan.

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