Relo Group (TSE:8876) Effective Interest Rate on Debt % : 0.91% (As of Mar. 2024)

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What is Relo Group 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. Relo Group's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was 円1,184 Mil. Relo Group's average total debt for the quarter that ended in Mar. 2024 was 円130,788 Mil. Therefore, Relo Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.91%.

Relo Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Relo Group'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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Relo Group Effective Interest Rate on Debt % Chart

Relo Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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0.70

1.38

0.37

0.60

0.98

Relo Group 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															0.96	0.75	0.73	1.09	0.91

Competitive Comparison of Relo Group's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, Relo Group'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.

Relo Group's Effective Interest Rate on Debt % Distribution in the Business Services Industry

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

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

Relo Group Effective Interest Rate on Debt % Calculation

Relo Group'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 * -1304	/	( (156378	+	110630)	/ 2 )
=	-1 * -1304	/	133504
=	0.98 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	74050	+	82328
=	156378

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	63566	+	47064
=	110630

Relo Group'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 * -1184	/	( (150946	+	110630)	/ 2 )
=	-1 * -1184	/	130788
=	0.91 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	68019	+	82927
=	150946

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	63566	+	47064
=	110630

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.

Relo Group (TSE:8876) Effective Interest Rate on Debt % Explanation

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

Relo Group Effective Interest Rate on Debt % Related Terms

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Relo Group (TSE:8876) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Relo Group Inc (TSE:8876) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

4-3-23, Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022

Website

http://www.relo.jp

Relo Group Inc is a Japan-based company engaged in providing corporate fringe benefit management outsourcing service. It provides comprehensive support for fringe benefit programs, ranging from housing to leisure and lifestyle improvement. The company manages over 100,000 housing unit's companies rent and provides to their employees, and offers 200,000 kinds of benefits to help employees have fun and improve their well-being. It also operates a rental real estate management business all across Japan. The company operates as an agent that helps to run hotels and attract guests. In addition to hotels, it also provides an insurance consulting business.

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