Osaka Gas Co (TSE:9532) Effective Interest Rate on Debt % : 1.70% (As of Dec. 2023)

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What is Osaka Gas 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. Osaka Gas Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was 円14,396 Mil. Osaka Gas Co's average total debt for the quarter that ended in Dec. 2023 was 円845,037 Mil. Therefore, Osaka Gas Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.70%.

Osaka Gas Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Osaka Gas 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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Osaka Gas Co Effective Interest Rate on Debt % Chart

Osaka Gas Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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2.09

1.65

1.48

1.72

1.78

Osaka Gas 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															1.90	1.66	1.72	1.70	1.81

Competitive Comparison of Osaka Gas Co's Effective Interest Rate on Debt %

For the Utilities - Regulated Gas subindustry, Osaka Gas 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.

Osaka Gas Co's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Osaka Gas Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Osaka Gas Co Effective Interest Rate on Debt % Calculation

Osaka Gas 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 * -14436	/	( (811534	+	814587)	/ 2 )
=	-1 * -14436	/	813060.5
=	1.78 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	811534	+	0
=	811534

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	814587	+	0
=	814587

Osaka Gas 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 * -14396	/	( (850633	+	839441)	/ 2 )
=	-1 * -14396	/	845037
=	1.70 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	850633	+	0
=	850633

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	839441	+	0
=	839441

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.

Osaka Gas Co (TSE:9532) Effective Interest Rate on Debt % Explanation

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

Osaka Gas Co Effective Interest Rate on Debt % Related Terms

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Osaka Gas Co (TSE:9532) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Osaka Gas Co Ltd (TSE:9532) » Definitions » Effective Interest Rate on Debt %

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OSA:Germany

Address

4-1-2, Hiranomachi, Chuo-ku, Osaka, JPN, 541-0046

Website

http://www.osakagas.co.jp

Osaka Gas Co Ltd is a Japanese utility company involved in the production and supply of natural gas and electricity. Osaka Gas segments its operations into: Gas; LPG, Electricity, and Other Energy; International Energy; and Life and Business Solutions units. The company's total revenue generation is mainly split between its Gas and LPG, Electricity, and Other Energy divisions. The Gas business produces, supplies, and markets city gas to mostly industrial and residential customers in the Kansai region of Japan. Osaka Gas' LPG, Electricity, and Other Energy business generates and sells electricity and liquefied petroleum gas to consumers both inside and outside Japan. To do this, the company operates an international portfolio of natural gas-fired thermal, solar, and wind power plants.

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