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Shree Rama Newsprint (BOM:500356) Effective Interest Rate on Debt % : 9.91% (As of Jun. 2024)


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What is Shree Rama Newsprint 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. Shree Rama Newsprint's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was ₹360.6 Mil. Shree Rama Newsprint's average total debt for the quarter that ended in Jun. 2024 was ₹3,639.8 Mil. Therefore, Shree Rama Newsprint's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 9.91%.


Shree Rama Newsprint Effective Interest Rate on Debt % Historical Data

The historical data trend for Shree Rama Newsprint'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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Shree Rama Newsprint Effective Interest Rate on Debt % Chart

Shree Rama Newsprint 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 8.82 8.64 - - 10.10

Shree Rama Newsprint Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 9.97 10.07 10.02 9.98 9.91

Competitive Comparison of Shree Rama Newsprint's Effective Interest Rate on Debt %

For the Beverages - Non-Alcoholic subindustry, Shree Rama Newsprint'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.


Shree Rama Newsprint's Effective Interest Rate on Debt % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Shree Rama Newsprint's Effective Interest Rate on Debt % distribution charts can be found below:

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



Shree Rama Newsprint Effective Interest Rate on Debt % Calculation

Shree Rama Newsprint'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  *  -366.222/( (3610+3639.779)/ 2 )
=-1  *  -366.222/3624.8895
=10.10 %

where

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3500 + 139.779
=3639.779

Shree Rama Newsprint's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -360.604/( (3639.779+0)/ 1 )
=-1  *  -360.604/3639.779
=9.91 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3500 + 139.779
=3639.779

* 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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Shree Rama Newsprint  (BOM:500356) Effective Interest Rate on Debt % Explanation

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


Shree Rama Newsprint Effective Interest Rate on Debt % Related Terms

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Shree Rama Newsprint Business Description

Traded in Other Exchanges
Address
Ambli - Bopal Road, 10, Abhishree Corporate Park, Ambli, Near Swagat Bunglows BRTS Bus Stand, Ahmedabad, GJ, IND, 380 058
Shree Rama Newsprint Ltd operates in one segment namely the Packaged drinking water segment.

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