Two stone & Sons (TSE:7352) Effective Interest Rate on Debt % : 0.58% (As of Feb. 2024)

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What is Two stone & Sons 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. Two stone & Sons's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was 円12 Mil. Two stone & Sons's average total debt for the quarter that ended in Feb. 2024 was 円2,047 Mil. Therefore, Two stone & Sons's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 0.58%.

Two stone & Sons Effective Interest Rate on Debt % Historical Data

The historical data trend for Two stone & Sons'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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Two stone & Sons Effective Interest Rate on Debt % Chart

Two stone & Sons Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Effective Interest Rate on Debt %

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1.20

0.93

0.82

0.85

0.49

Two stone & Sons Quarterly Data
	Aug18	Aug19	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														0.63	0.58	0.65	0.68	0.58

Competitive Comparison of Two stone & Sons's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, Two stone & Sons'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.

Two stone & Sons's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Two stone & Sons's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Two stone & Sons's Effective Interest Rate on Debt % falls into.

Two stone & Sons Effective Interest Rate on Debt % Calculation

Two stone & Sons's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2022 )	+	Total Debt (A: Aug. 2023 ))	/ count )
=	-1 * -6.387	/	( (819.321	+	1812.454)	/ 2 )
=	-1 * -6.387	/	1315.8875
=	0.49 %

where

	Total Debt (A: Aug. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	646.864	+	172.457
=	819.321

	Total Debt (A: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1214.976	+	597.478
=	1812.454

Two stone & Sons's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Nov. 2023 )	+	Total Debt (Q: Feb. 2024 ))	/ count )
=	-1 * -11.792	/	( (1852.169	+	2241.867)	/ 2 )
=	-1 * -11.792	/	2047.018
=	0.58 %

where

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1300.517	+	551.652
=	1852.169

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1665.815	+	576.052
=	2241.867

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 (Feb. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Two stone & Sons (TSE:7352) Effective Interest Rate on Debt % Explanation

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

Two stone & Sons Effective Interest Rate on Debt % Related Terms

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Two stone & Sons (TSE:7352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Two stone & Sons Inc (TSE:7352) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

2-22-3 Shibuya, Shibuya East Exit Building 6F, Shibuya-ku, Tokyo, JPN, 150-0002

Website

https://twostone-s.com

Two Stone & Sons Inc is an engineering company providing engineering resources to companies, media businesses, and programming school businesses. The company develops services such as in-house media management and client solutions such as contract development.

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