West Japan Railway Co (West Japan Railway Co) Effective Interest Rate on Debt % : 1.37% (As of Dec. 2023)

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What is West Japan Railway 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. West Japan Railway Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $138 Mil. West Japan Railway Co's average total debt for the quarter that ended in Dec. 2023 was $10,064 Mil. Therefore, West Japan Railway Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.37%.

West Japan Railway Co Effective Interest Rate on Debt % Historical Data

The historical data trend for West Japan Railway 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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West Japan Railway Co Effective Interest Rate on Debt % Chart

West Japan Railway Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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2.00

1.64

1.32

1.22

1.24

West Japan Railway 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															1.29	1.28	1.35	1.37	1.32

Competitive Comparison of West Japan Railway Co's Effective Interest Rate on Debt %

For the Railroads subindustry, West Japan Railway 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.

West Japan Railway Co's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, West Japan Railway Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where West Japan Railway Co's Effective Interest Rate on Debt % falls into.

West Japan Railway Co Effective Interest Rate on Debt % Calculation

West Japan Railway 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 * -134.169	/	( (11779.585	+	9853.763)	/ 2 )
=	-1 * -134.169	/	10816.674
=	1.24 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10604.731	+	1174.854
=	11779.585

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8809.647	+	1044.116
=	9853.763

West Japan Railway 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 * -138.128	/	( (9942.927	+	10184.454)	/ 2 )
=	-1 * -138.128	/	10063.6905
=	1.37 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9046.366	+	896.561
=	9942.927

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9044.252	+	1140.202
=	10184.454

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.

West Japan Railway Co (OTCPK:WJRYY) Effective Interest Rate on Debt % Explanation

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

West Japan Railway Co Effective Interest Rate on Debt % Related Terms

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West Japan Railway Co (West Japan Railway Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » West Japan Railway Co (OTCPK:WJRYY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

WJRYF:USA 9021:Japan WEJ:Germany

Address

4-24, Shibata 2-chome, Kita-ku, Osaka, JPN, 530-8341

Website

http://www.westjr.co.jp

West Japan Railway, or JR West, is the main railway operator in Western Japan, headquartered in Osaka. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main assets are the Sanyo Shinkansen, which stretches from Osaka to Fukuoka, and the urban rail network in the Osaka-Kobe-Kyoto metropolitan area. Its nearly 5,000 kilometers of rail track covers a third of Japan's population and a fifth of its land area. Rail operations contribute more than half of revenue, with most of the balance from retail operations, real estate investments, travel agencies, and hotels.