J Trust Co (STU:4JT) Effective Interest Rate on Debt % : 0.84% (As of Mar. 2024)

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What is J Trust 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. J Trust Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €3.2 Mil. J Trust Co's average total debt for the quarter that ended in Mar. 2024 was €382.5 Mil. Therefore, J Trust Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.84%.

J Trust Co Effective Interest Rate on Debt % Historical Data

The historical data trend for J Trust 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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J Trust Co Effective Interest Rate on Debt % Chart

J Trust Co Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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2.42

0.14

0.35

5.68

1.75

J Trust 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															0.69	0.75	0.86	0.89	0.84

Competitive Comparison of J Trust Co's Effective Interest Rate on Debt %

For the Financial Conglomerates subindustry, J Trust 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.

J Trust Co's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, J Trust Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

J Trust Co Effective Interest Rate on Debt % Calculation

J Trust Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -4.254	/	( (209.439	+	278.124)	/ 2 )
=	-1 * -4.254	/	243.7815
=	1.75 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	209.439	+	0
=	209.439

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	278.124	+	0
=	278.124

J Trust Co'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 * -3.216	/	( (391.8	+	373.106)	/ 2 )
=	-1 * -3.216	/	382.453
=	0.84 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	391.8	+	0
=	391.8

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	373.106	+	0
=	373.106

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.

J Trust Co (STU:4JT) Effective Interest Rate on Debt % Explanation

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

J Trust Co Effective Interest Rate on Debt % Related Terms

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J Trust Co (STU:4JT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » J Trust Co Ltd (STU:4JT) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

8508:Japan

Address

Toranomon First Garden 1-7-12 Toranomon, Minato-Ku, Tokyo, JPN, 105-0001

Website

http://www.jt-corp.co.jp

J Trust Co Ltd is a Japan-based company that operates financial and nonfinancial businesses via several subsidiaries. The company's financial business includes a domestic financial business, which consists of credit guarantee, credit and consumer credit, collection of accounts receivable, and other financial services; a financial business in South Korea, which contains a savings bank business, capital business, and a collection of accounts receivable; and a financial business in Southeast Asia, which contains a banking business and a collection of accounts receivable. It's nonfinancial business includes a general entertainment business, a real estate business, an investment business, and other business. It generates around two thirds of its total revenue from its financial businesses.

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