Murata Manufacturing Co (TSE:6981) Effective Interest Rate on Debt % : 8.28% (As of Mar. 2024)

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What is Murata Manufacturing 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. Murata Manufacturing Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was 円11,204 Mil. Murata Manufacturing Co's average total debt for the quarter that ended in Mar. 2024 was 円135,271 Mil. Therefore, Murata Manufacturing Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.28%.

Murata Manufacturing Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Murata Manufacturing 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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Murata Manufacturing Co Effective Interest Rate on Debt % Chart

Murata Manufacturing Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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0.29

0.19

0.20

0.23

3.48

Murata Manufacturing 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															-5.99	1.35	0.88	36.95	8.28

Competitive Comparison of Murata Manufacturing Co's Effective Interest Rate on Debt %

For the Electronic Components subindustry, Murata Manufacturing 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.

Murata Manufacturing Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Murata Manufacturing Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Murata Manufacturing Co Effective Interest Rate on Debt % Calculation

Murata Manufacturing 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 * -4466	/	( (151000	+	105940)	/ 2 )
=	-1 * -4466	/	128470
=	3.48 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	84090	+	66910
=	151000

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	46284	+	59656
=	105940

Murata Manufacturing 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 * -11204	/	( (164602	+	105940)	/ 2 )
=	-1 * -11204	/	135271
=	8.28 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	44413	+	120189
=	164602

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	46284	+	59656
=	105940

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.

Murata Manufacturing Co (TSE:6981) Effective Interest Rate on Debt % Explanation

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

Murata Manufacturing Co Effective Interest Rate on Debt % Related Terms

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Murata Manufacturing Co (TSE:6981) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Murata Manufacturing Co Ltd (TSE:6981) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

MRAAY:USA MRAAF:USA MUR1:Germany

Address

No. 10 No. 1 Yubinbango, Nagaokakyo, 1-chome, Kyoto Higashikotari, Nagaokakyo, JPN, 617-8555

Website

http://www.murata.co.jp

Murata Manufacturing produces passive components for electronic devices. Passive components are necessary for all electronic circuits, used to enable wireless communication, store electricity and handle electric flow, remove electromagnetic noise from circuits, and so on. Thus, passive components are imperative for electronic circuits. For instance, one high-end smartphone contains more than 1,000 passive components. Murata Manufacturing is the global top passive components supplier with 40% market share on MLCC and SAW filters.

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