TKP (TSE:3479) Effective Interest Rate on Debt % : 0.91% (As of Nov. 2023)

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What is TKP 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. TKP's annualized positive value of Interest Expense for the quarter that ended in Nov. 2023 was 円268 Mil. TKP's average total debt for the quarter that ended in Nov. 2023 was 円29,379 Mil. Therefore, TKP's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 was 0.91%.

TKP Effective Interest Rate on Debt % Historical Data

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

TKP Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Effective Interest Rate on Debt %

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0.86

0.94

0.96

1.28

0.81

TKP 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															1.25	0.89	0.90	0.91	0.81

Competitive Comparison of TKP's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, TKP'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.

TKP's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, TKP's Effective Interest Rate on Debt % distribution charts can be found below:

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

TKP Effective Interest Rate on Debt % Calculation

TKP'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 * -268	/	( (32343	+	33728)	/ 2 )
=	-1 * -268	/	33035.5
=	0.81 %

where

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25487	+	6856
=	32343

	Total Debt (A: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	27419	+	6309
=	33728

TKP's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Aug. 2023 )	+	Total Debt (Q: Nov. 2023 ))	/ count )
=	-1 * -268	/	( (29925	+	28833)	/ 2 )
=	-1 * -268	/	29379
=	0.91 %

where

	Total Debt (Q: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	24428	+	5497
=	29925

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23387	+	5446
=	28833

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 (Nov. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

TKP (TSE:3479) Effective Interest Rate on Debt % Explanation

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

TKP Effective Interest Rate on Debt % Related Terms

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TKP (TSE:3479) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TKP Corp (TSE:3479) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

8, Ichigaya Hachiman-cho, TKP Ichigaya Building 2nd Floor, Shinjuku-ku, Tokyo, JPN, 162-0844

Website

http://www.tkp.jp

TKP Corp is a Japan based real estate company. It offers conference rooms and banquet halls on a rental basis. The company is also intended to provide in-house production of services associated with conferences such as food and beverage catering, hotels and resorts, call center, and BPO among other services.

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