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Kyushu Electric Power Co (TSE:9508) Effective Interest Rate on Debt % : 0.83% (As of Dec. 2023)


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What is Kyushu Electric Power 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. Kyushu Electric Power Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円28,480 Mil. Kyushu Electric Power Co's average total debt for the quarter that ended in Dec. 2023 was 円3,414,960 Mil. Therefore, Kyushu Electric Power Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.83%.


Kyushu Electric Power Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Kyushu Electric Power 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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Kyushu Electric Power Co Effective Interest Rate on Debt % Chart

Kyushu Electric Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.86 0.79 0.82 0.81

Kyushu Electric Power 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 0.77 0.80 0.83 0.83

Competitive Comparison of Kyushu Electric Power Co's Effective Interest Rate on Debt %

For the Utilities - Independent Power Producers subindustry, Kyushu Electric Power 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.


Kyushu Electric Power Co's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Kyushu Electric Power Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Kyushu Electric Power Co's Effective Interest Rate on Debt % falls into.



Kyushu Electric Power Co Effective Interest Rate on Debt % Calculation

Kyushu Electric Power 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  *  -28053/( (3558382+3347607)/ 2 )
=-1  *  -28053/3452994.5
=0.81 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3393852 + 164530
=3558382

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3224197 + 123410
=3347607

Kyushu Electric Power Co'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  *  -28480/( (3405720+3424200)/ 2 )
=-1  *  -28480/3414960
=0.83 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3277310 + 128410
=3405720

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3291190 + 133010
=3424200

* 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.


Kyushu Electric Power Co  (TSE:9508) Effective Interest Rate on Debt % Explanation

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


Kyushu Electric Power Co Effective Interest Rate on Debt % Related Terms

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Kyushu Electric Power Co (TSE:9508) Business Description

Traded in Other Exchanges
Address
1-82, Watanabe-dori 2-chome, Chuo-ku, Fukuoka, JPN, 810-8720
Kyushu Electric Power Co Inc supplies electricity services to Kyushu, Japan. Additionally, it operates across various smaller islands within the jurisdiction of Kyushu's prefectural government. Nuclear power generates most of the company's electricity, although it also generates electricity from hydroelectric power, geothermal, coal, oil, and natural gas. The firm owns the largest geothermal power facility in Japan. The company's segments include domestic electric power, other energy services, information and communication service, and others, which consists of a real estate business and nursing home business. The power generation segment accounts for most of the firm's revenue and is further split into the electricity energy segment.

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