Keiyo Bank (TSE:8544) Effective Interest Rate on Debt % : 0.15% (As of Dec. 2023)

View and export this data going back to 1973. Start your Free Trial

What is Keiyo Bank 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. Keiyo Bank's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円644 Mil. Keiyo Bank's average total debt for the quarter that ended in Dec. 2023 was 円433,200 Mil. Therefore, Keiyo Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.15%.

Keiyo Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for Keiyo Bank'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.

* Premium members only.

Keiyo Bank Effective Interest Rate on Debt % Chart

Keiyo Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

0.35

0.11

0.09

0.16

Keiyo Bank 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															0.19	0.12	0.13	0.15	0.18

Competitive Comparison of Keiyo Bank's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Keiyo Bank'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.

Keiyo Bank's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Keiyo Bank's Effective Interest Rate on Debt % distribution charts can be found below:

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

Keiyo Bank Effective Interest Rate on Debt % Calculation

Keiyo Bank'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 * -620	/	( (495900	+	283200)	/ 2 )
=	-1 * -620	/	389550
=	0.16 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	495900	+	0
=	495900

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	283200	+	0
=	283200

Keiyo Bank'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 * -644	/	( (378200	+	488200)	/ 2 )
=	-1 * -644	/	433200
=	0.15 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	378200	+	0
=	378200

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	488200	+	0
=	488200

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.

Keiyo Bank (TSE:8544) Effective Interest Rate on Debt % Explanation

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

Keiyo Bank Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Keiyo Bank's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Keiyo Bank (TSE:8544) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Keiyo Bank Ltd (TSE:8544) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-11-11, Fujimi, Chuo-ku, Chiba, JPN, 260-0015

Website

http://www.keiyobank.co.jp

Keiyo Bank Ltd is a Japanese regional bank operating in the Chiba prefecture. Nearly half of its banking locations are in Chiba proper. Its commercial banking activities include consumer loans, foreign currency deposits, and ATM services. Most of the bank's earning assets are in loans and bill discounted, along with securities. Most of its retail loan portfolio is concentrated in housing loans and loans to small and midsize companies. The bank relies on a consulting arm that works with customers to curtail nonperforming loans. In addition to net interest income, the bank relies on fees and commissions to generate income.

Keiyo Bank (TSE:8544) Headlines

No Headlines