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Japan Airport Terminal Co (TSE:9706) Effective Interest Rate on Debt % : 1.27% (As of Dec. 2023)


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What is Japan Airport Terminal 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. Japan Airport Terminal Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円2,992 Mil. Japan Airport Terminal Co's average total debt for the quarter that ended in Dec. 2023 was 円235,394 Mil. Therefore, Japan Airport Terminal Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.27%.


Japan Airport Terminal Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Japan Airport Terminal 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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Japan Airport Terminal Co Effective Interest Rate on Debt % Chart

Japan Airport Terminal Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 0.90 1.05 1.20 1.25

Japan Airport Terminal 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 1.15 1.24 1.22 1.27 1.23

Competitive Comparison of Japan Airport Terminal Co's Effective Interest Rate on Debt %

For the Airports & Air Services subindustry, Japan Airport Terminal 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.


Japan Airport Terminal Co's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Japan Airport Terminal Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Japan Airport Terminal Co's Effective Interest Rate on Debt % falls into.



Japan Airport Terminal Co Effective Interest Rate on Debt % Calculation

Japan Airport Terminal 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  *  -2942/( (243836+227812)/ 2 )
=-1  *  -2942/235824
=1.25 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=228127 + 15709
=243836

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=201197 + 26615
=227812

Japan Airport Terminal Co'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  *  -2992/( (236451+234336)/ 2 )
=-1  *  -2992/235393.5
=1.27 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=220707 + 15744
=236451

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=218292 + 16044
=234336

* 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.


Japan Airport Terminal Co  (TSE:9706) Effective Interest Rate on Debt % Explanation

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


Japan Airport Terminal Co Effective Interest Rate on Debt % Related Terms

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Japan Airport Terminal Co (TSE:9706) Business Description

Traded in Other Exchanges
Address
3-2, Haneda Airport 3-Chome, Ohta-ku, Tokyo, JPN, 144-0041
Japan Airport Terminal Co Ltd is a Japanese airport operations company. It is principally involved in the management and operation of Haneda airport terminal building. The company's business consists of three segments, Facilities Management, Merchandise Sales, and Food and Beverage. The segment of facilities management operations leases, maintains and repairs, and operates passenger terminal facilities at Haneda Airport. The segment of merchandise sales operations is engaged in retail sales of products to passengers and others and wholesales of products to companies operating airport terminals and others. The segment of food and beverage operations provides food and beverage services to parties including users of Haneda Airport and Narita International Airport.

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