Greenply Industries (BOM:526797) Effective Interest Rate on Debt % : -5.64% (As of Mar. 2024)

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What is Greenply Industries 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. Greenply Industries's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹-309 Mil. Greenply Industries's average total debt for the quarter that ended in Mar. 2024 was ₹5,491 Mil. Therefore, Greenply Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was -5.64%.

Greenply Industries Effective Interest Rate on Debt % Historical Data

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

Greenply Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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7.52

6.23

4.66

1.81

6.96

Greenply Industries 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															-5.50	7.45	9.39	10.76	-5.64

Competitive Comparison of Greenply Industries's Effective Interest Rate on Debt %

For the Lumber & Wood Production subindustry, Greenply Industries'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.

Greenply Industries's Effective Interest Rate on Debt % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Greenply Industries's Effective Interest Rate on Debt % distribution charts can be found below:

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

Greenply Industries Effective Interest Rate on Debt % Calculation

Greenply Industries'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 * -433.457	/	( (6962.306	+	5491.074)	/ 2 )
=	-1 * -433.457	/	6226.69
=	6.96 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5389.394	+	1572.912
=	6962.306

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4063.474	+	1427.6
=	5491.074

Greenply Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * 309.468	/	( (0	+	5491.074)	/ 1 )
=	-1 * 309.468	/	5491.074
=	-5.64 %

where

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

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4063.474	+	1427.6
=	5491.074

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

Greenply Industries (BOM:526797) Effective Interest Rate on Debt % Explanation

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

Greenply Industries Effective Interest Rate on Debt % Related Terms

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Greenply Industries (BOM:526797) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Greenply Industries Ltd (BOM:526797) » Definitions » Effective Interest Rate on Debt %

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GREENPLY:India

Address

23 Chetla Central Road, 5th and 6th Floor, Madgul Lounge, Kolkata, WB, IND, 700027

Website

https://www.greenply.com

Greenply Industries Ltd is an interior infrastructure company that manufactures and markets wood and plywood products. The company's product portfolio consists of plywood and block boards, Doors, decorative veneers, Pvc Products, and Specialty plywood. Its segments consist of Plywood and Allied products and Medium Density Fibre Boards and allied products. The company generates all of its revenue from Plywood and Allied products.

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