NSHMF (Nishimatsu Construction Co) Effective Interest Rate on Debt % : 0.59% (As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Nishimatsu Construction 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. Nishimatsu Construction Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $10 Mil. Nishimatsu Construction Co's average total debt for the quarter that ended in Sep. 2024 was $1,635 Mil. Therefore, Nishimatsu Construction Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.59%.

Nishimatsu Construction Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Nishimatsu Construction 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.

* Premium members only.

Nishimatsu Construction Co Effective Interest Rate on Debt % Chart

Nishimatsu Construction 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

0.46

0.37

0.40

0.42

Nishimatsu Construction Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.38	0.37	0.45	0.58	0.59

Competitive Comparison of Nishimatsu Construction Co's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Nishimatsu Construction 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.

Nishimatsu Construction Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nishimatsu Construction Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Nishimatsu Construction Co Effective Interest Rate on Debt % Calculation

Nishimatsu Construction 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 * -5.306	/	( (1259.843	+	1242.503)	/ 2 )
=	-1 * -5.306	/	1251.173
=	0.42 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	704.429	+	555.414
=	1259.843

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	775.745	+	466.758
=	1242.503

Nishimatsu Construction Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -9.652	/	( (0	+	1635.12)	/ 1 )
=	-1 * -9.652	/	1635.12
=	0.59 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	927.298	+	707.822
=	1635.12

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

Nishimatsu Construction Co (OTCPK:NSHMF) Effective Interest Rate on Debt % Explanation

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

Nishimatsu Construction Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Nishimatsu Construction Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Nishimatsu Construction Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nishimatsu Construction Co Ltd (OTCPK:NSHMF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

1820:Japan

Address

23-1, Toranomon 1-chome, 10th Floor Toranomon Hills Mori Tower, Minato-ku, Tokyo, JPN, 105-6310

Website

http://www.nishimatsu.co.jp

Nishimatsu Construction Co Ltd is a Japanese construction and real estate business. The company operates through three segments: civil engineering, building construction, real estate, and others. Together, the civil engineering and building construction segments generate the vast majority of consolidated revenue, and design and construct harbours, airports, highways, dams, tunnels, railways, high-rise buildings, and power plants. The company principally operates in Japan and across Asia, and derives the majority of revenue domestically.

Nishimatsu Construction Co Headlines

No Headlines