Shibaura Machine Co (TSE:6104) Effective Interest Rate on Debt % : 0.21% (As of Dec. 2023)

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What is Shibaura Machine 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. Shibaura Machine Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円24 Mil. Shibaura Machine Co's average total debt for the quarter that ended in Dec. 2023 was 円11,257 Mil. Therefore, Shibaura Machine Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.21%.

Shibaura Machine Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shibaura Machine 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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Shibaura Machine Co Effective Interest Rate on Debt % Chart

Shibaura Machine Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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0.56

0.58

0.82

1.55

1.61

Shibaura Machine 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															2.72	1.29	1.72	0.21	3.79

Competitive Comparison of Shibaura Machine Co's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Shibaura Machine 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.

Shibaura Machine Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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

Shibaura Machine Co Effective Interest Rate on Debt % Calculation

Shibaura Machine Co'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 * -201	/	( (14011	+	11030)	/ 2 )
=	-1 * -201	/	12520.5
=	1.61 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	14011
=	14011

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	11030
=	11030

Shibaura Machine Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -24	/	( (11383	+	11131)	/ 2 )
=	-1 * -24	/	11257
=	0.21 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	11383
=	11383

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	11131
=	11131

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

Shibaura Machine Co (TSE:6104) Effective Interest Rate on Debt % Explanation

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

Shibaura Machine Co Effective Interest Rate on Debt % Related Terms

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Shibaura Machine Co (TSE:6104) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shibaura Machine Co Ltd (TSE:6104) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

TOA:Germany

Address

2068-3 Ooka, Shizuoka Prefecture, Numazu, JPN, 410-8510

Website

http://www.toshiba-machine.co.jp

Shibaura Machine is engaged in manufacturing and distribution of molding machineries and machine tools. The business of the company is divided into two segments: molding machinery and machine tools. The company's product portfolio comprises injection molding machines, die-casting machines, plastic extrusion, large-size machine tools, portal-type machine tools, machining centers, horizontal boring machines, and high-precision machines, among others. The company's products are used in manufacturing of computers, automobile engines, transmissions, medical products, high-precision lenses, displays, construction machines, and wind power generation. A vast majority of the company's revenue is generated by the molding machinery segment, and the company earns most of its revenue in Japan.

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