Toyo Tanso Co (TSE:5310) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)

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What is Toyo Tanso 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. Toyo Tanso Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was 円28 Mil. Toyo Tanso Co's average total debt for the quarter that ended in Mar. 2024 was 円0 Mil. Therefore, Toyo Tanso Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was N/A%.

Toyo Tanso Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Toyo Tanso 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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Toyo Tanso Co Effective Interest Rate on Debt % Chart

Toyo Tanso Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.00

4.01

12.36

13.64

8.77

Toyo Tanso 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															12.63	-	-	-	-

Competitive Comparison of Toyo Tanso Co's Effective Interest Rate on Debt %

For the Electrical Equipment & Parts subindustry, Toyo Tanso 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.

Toyo Tanso Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Toyo Tanso Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Toyo Tanso Co Effective Interest Rate on Debt % Calculation

Toyo Tanso Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -25	/	( (285	+	0)	/ 1 )
=	-1 * -25	/	285
=	8.77 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	285
=	285

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

Toyo Tanso 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 * -28	/	( (0	+	0)	/ 1 )
=	-1 * -28	/	0
=	N/A %

where

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

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

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.

Toyo Tanso Co (TSE:5310) Effective Interest Rate on Debt % Explanation

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

Toyo Tanso Co Effective Interest Rate on Debt % Related Terms

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Toyo Tanso Co (TSE:5310) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Toyo Tanso Co Ltd (TSE:5310) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

T9T:Germany

Address

Nishiyodogawa ku Takeshima 5-7-12, Osaka, JPN, 555-0011

Website

http://www.toyotanso.co.jp

Toyo Tanso Co Ltd is a Japanese corporation engaged in the manufacture of electronic materials such as special graphite and other carbon products which are employed in processes like single crystal silicon pulling furnaces, heaters, and metal-organic chemical vapor deposition devices. Its portfolio of carbon products includes bearings for pumps and compressors, sealing materials, pantograph sliders, automobile parts, carbon brushes and motor brushes. Toyo attends to various industries ranging from the living space to advanced aerospace and medical fields such as aerospace and medical care, especially solar cells, nuclear power and other environmental and energy fields.

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