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ispace (TSE:9348) Effective Interest Rate on Debt % : 4.74% (As of Dec. 2023)


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What is ispace 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. ispace's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円428 Mil. ispace's average total debt for the quarter that ended in Dec. 2023 was 円9,021 Mil. Therefore, ispace's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.74%.

ispace Effective Interest Rate on Debt % Historical Data

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

ispace Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
0.85 2.08 4.39 3.81

ispace Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial 3.97 3.89 4.03 4.74 4.90

Competitive Comparison of ispace's Effective Interest Rate on Debt %

For the Computer Hardware subindustry, ispace'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.

ispace's Effective Interest Rate on Debt % Distribution in the Hardware Industry

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

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


ispace Effective Interest Rate on Debt % Calculation

ispace'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  *  -367.997/( (6778.911+12518.241)/ 2 )
=-1  *  -367.997/9648.576
=3.81 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5395.573 + 1383.338
=6778.911

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6538.241 + 5980
=12518.241

ispace'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  *  -427.96/( (8020.888+10020.888)/ 2 )
=-1  *  -427.96/9020.888
=4.74 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4570.888 + 3450
=8020.888

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6570.888 + 3450
=10020.888

* 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.

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.

ispace  (TSE:9348) Effective Interest Rate on Debt % Explanation

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

ispace Effective Interest Rate on Debt % Related Terms

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ispace (TSE:9348) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ispace inc (TSE:9348) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
TSE:6430 TSE:6413 TSE:7739 TSE:6676 TSE:6737 TSE:6727 TSE:6789 TSE:6918 TSE:6670 TSE:6232 ANET DELL SZSE:002415 HPQ TSE:7751 TPE:2382 SHSE:688041 NTAP STX HKSE:00992
Traded in Other Exchanges
N/A
Address
3-42-3 Nihonbashi-Hamacho, Chuo-ku, Tokyo, JPN, 103-0007
Website
https://www.ispace-inc.com
ispace inc is a private lunar robotic exploration company that is developing micro-robotic technology to provide a low-cost and frequent transportation service. It has developed a small lander (lunar lander) and a lunar exploration rover (lunar rover) for the purpose of providing frequent and low-cost transportation services to the moon.

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