Macnica Holdings (TSE:3132) Effective Interest Rate on Debt % : 2.76% (As of Mar. 2024)

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What is Macnica Holdings 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. Macnica Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was 円1,232 Mil. Macnica Holdings's average total debt for the quarter that ended in Mar. 2024 was 円44,712 Mil. Therefore, Macnica Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.76%.

Macnica Holdings Effective Interest Rate on Debt % Historical Data

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

Macnica Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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1.63

0.71

0.73

3.32

3.15

Macnica Holdings 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															4.70	5.42	5.20	4.94	2.76

Competitive Comparison of Macnica Holdings's Effective Interest Rate on Debt %

For the Electronics & Computer Distribution subindustry, Macnica Holdings'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.

Macnica Holdings's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Macnica Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Macnica Holdings Effective Interest Rate on Debt % Calculation

Macnica Holdings'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 * -1890	/	( (55318	+	64855)	/ 2 )
=	-1 * -1890	/	60086.5
=	3.15 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8755	+	46563
=	55318

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3658	+	61197
=	64855

Macnica Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -1232	/	( (24568	+	64855)	/ 2 )
=	-1 * -1232	/	44711.5
=	2.76 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8000	+	16568
=	24568

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3658	+	61197
=	64855

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

Macnica Holdings (TSE:3132) Effective Interest Rate on Debt % Explanation

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

Macnica Holdings Effective Interest Rate on Debt % Related Terms

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Macnica Holdings (TSE:3132) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Macnica Holdings Inc (TSE:3132) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

1-6-3 Shinyokohama, Kohoku Ward, Kanagawa Prefecture, Yokohama, JPN

Website

http://www.macfehd.co.jp

Macnica Holdings Inc is an independent electronics distribution company in Japan. The company imports, exports and distributes electronic components such as semiconductor devices and Integrated Circuit (IC), and business accompanying or pertaining to such activities. Its business segments are the Integrated Circuit, Electronic Devices, and Other Business and the Network Business. The IC, Electronic Devices, and Other Business handle the sales of products such as ICs and electronic devices and the Network Business is responsible for the sales of network-related hardware, software, and services.

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