Digital Garage (STU:DGK) Effective Interest Rate on Debt % : 0.32% (As of Mar. 2024)

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What is Digital Garage 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. Digital Garage's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €1.3 Mil. Digital Garage's average total debt for the quarter that ended in Mar. 2024 was €420.5 Mil. Therefore, Digital Garage's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.32%.

Digital Garage Effective Interest Rate on Debt % Historical Data

The historical data trend for Digital Garage'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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Digital Garage Effective Interest Rate on Debt % Chart

Digital Garage Annual Data

Trend

Jun15

Jun16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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0.96

0.67

0.73

15.95

0.38

Digital Garage 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															0.35	0.51	0.43	0.32	0.32

Competitive Comparison of Digital Garage's Effective Interest Rate on Debt %

For the Information Technology Services subindustry, Digital Garage'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.

Digital Garage's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Digital Garage's Effective Interest Rate on Debt % distribution charts can be found below:

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

Digital Garage Effective Interest Rate on Debt % Calculation

Digital Garage'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 * -1.504	/	( (368.264	+	413.512)	/ 2 )
=	-1 * -1.504	/	390.888
=	0.38 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	97.527	+	270.737
=	368.264

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	71.435	+	342.077
=	413.512

Digital Garage'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 * -1.328	/	( (427.587	+	413.512)	/ 2 )
=	-1 * -1.328	/	420.5495
=	0.32 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	238.081	+	189.506
=	427.587

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	71.435	+	342.077
=	413.512

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.

Digital Garage (STU:DGK) Effective Interest Rate on Debt % Explanation

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

Digital Garage Effective Interest Rate on Debt % Related Terms

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Digital Garage (STU:DGK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digital Garage Inc (STU:DGK) » Definitions » Effective Interest Rate on Debt %

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DLGEF:USA 4819:Japan

Address

Daikanyama DG Bldg., Tokyo, JPN

Website

http://www.garage.co.jp

Digital Garage Inc integrates three technologies--information technology, marketing technology, and financial technology--into one solution that it provides to its business customers. The company operates three primary business segments. The incubation segment invests in and develops startups and new businesses. The marketing segment provides advertising and promotion solutions that reach consumers. The financial segment offers payment solutions to monetize Internet businesses. The marketing and financial segments provide most of the company's revenue. Digital Garage operates primarily in Japan.

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