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BayCurrent Consulting (BayCurrent Consulting) Effective Interest Rate on Debt % : 0.72% (As of Feb. 2024)


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What is BayCurrent Consulting 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. BayCurrent Consulting's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was $0.5 Mil. BayCurrent Consulting's average total debt for the quarter that ended in Feb. 2024 was $67.1 Mil. Therefore, BayCurrent Consulting's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 0.72%.


BayCurrent Consulting Effective Interest Rate on Debt % Historical Data

The historical data trend for BayCurrent Consulting'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.

BayCurrent Consulting Effective Interest Rate on Debt % Chart

BayCurrent Consulting Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 0.85 1.20 0.87 0.81 0.82

BayCurrent Consulting Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.96 0.80 0.81 0.66 0.72

Competitive Comparison of BayCurrent Consulting's Effective Interest Rate on Debt %

For the Consulting Services subindustry, BayCurrent Consulting'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.


BayCurrent Consulting's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, BayCurrent Consulting's Effective Interest Rate on Debt % distribution charts can be found below:

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



BayCurrent Consulting Effective Interest Rate on Debt % Calculation

BayCurrent Consulting's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Feb. 2023 )+Total Debt  (A: Feb. 2024 ))/ count )
=-1  *  -0.394/( (31.11+64.532)/ 2 )
=-1  *  -0.394/47.821
=0.82 %

where

Total Debt  (A: Feb. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.054 + 12.056
=31.11

Total Debt  (A: Feb. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45.684 + 18.848
=64.532

BayCurrent Consulting's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2023 )+Total Debt  (Q: Feb. 2024 ))/ count )
=-1  *  -0.48/( (69.642+64.532)/ 2 )
=-1  *  -0.48/67.087
=0.72 %

where

Total Debt  (Q: Nov. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=50.234 + 19.408
=69.642

Total Debt  (Q: Feb. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45.684 + 18.848
=64.532

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


BayCurrent Consulting  (OTCPK:BYCRF) Effective Interest Rate on Debt % Explanation

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


BayCurrent Consulting Effective Interest Rate on Debt % Related Terms

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BayCurrent Consulting (BayCurrent Consulting) Business Description

Traded in Other Exchanges
Address
23-1, Toranomon 1-Chome, Toranomon Hills Mori Tower, 9th floor, Minato-ku, Tokyo, JPN, 105-6309
BayCurrent Consulting Inc offers comprehensive consulting services in a wide variety of industries. It offers Strategy Business Process Consulting, Information Technology (IT) Consulting, and System Integration. The Strategy Business Process Consulting covers company or business strategy, M&A alliances, digital strategy, turn-around, globalization, innovation, and marketing or sales strategy. The IT Consulting includes IT strategy, governance, organizational improvement, cost optimization, architecture, asset evaluation, talent development, and Request for Proposal (RFP) creation. The System Integration handles system design, development and infrastructure operation and maintenance.

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