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Yoshiharu Global Co (Yoshiharu Global Co) Effective Interest Rate on Debt % : 1.27% (As of Dec. 2023)


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What is Yoshiharu Global 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. Yoshiharu Global Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.12 Mil. Yoshiharu Global Co's average total debt for the quarter that ended in Dec. 2023 was $9.74 Mil. Therefore, Yoshiharu Global Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.27%.


Yoshiharu Global Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Yoshiharu Global 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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Yoshiharu Global Co Effective Interest Rate on Debt % Chart

Yoshiharu Global Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
2.89 1.62 0.98 1.09 2.26

Yoshiharu Global Co Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.11 2.51 3.17 1.95 1.27

Competitive Comparison of Yoshiharu Global Co's Effective Interest Rate on Debt %

For the Restaurants subindustry, Yoshiharu Global 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.


Yoshiharu Global Co's Effective Interest Rate on Debt % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Yoshiharu Global Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Yoshiharu Global Co Effective Interest Rate on Debt % Calculation

Yoshiharu Global Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -0.218/( (9.63+9.653)/ 2 )
=-1  *  -0.218/9.6415
=2.26 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.393 + 1.237
=9.63

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.097 + 2.556
=9.653

Yoshiharu Global 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  *  -0.124/( (9.827+9.653)/ 2 )
=-1  *  -0.124/9.74
=1.27 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.313 + 1.514
=9.827

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.097 + 2.556
=9.653

* 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.


Yoshiharu Global Co  (NAS:YOSH) Effective Interest Rate on Debt % Explanation

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


Yoshiharu Global Co Effective Interest Rate on Debt % Related Terms

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Yoshiharu Global Co (Yoshiharu Global Co) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6940 Beach Boulevard, Suite D-705, Buena Park, CA, USA, 90621
Yoshiharu Global Co is a Japanese restaurant operator. The company has one reportable segment, consisting of operating its stores. Yoshiharu serves the perfect, ideal ramen, as well as offers customers a wide variety of sushi, bento menu, and other favorite Japanese cuisines. It is owning and operating 8 restaurant stores with an additional 5 in development and 6 expected to open.
Executives
James Chae director, 10 percent owner, officer: President, CEO & Chairman 6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Jay Kim director 6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Yusil Yeo director 6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Helen Lee director 6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Soojae Cho officer: Chief Financial Officer 6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621