Trishakti Industries (BOM:531279) Effective Interest Rate on Debt % : 19.46% (As of Mar. 2024)

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What is Trishakti 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. Trishakti Industries's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹6 Mil. Trishakti Industries's average total debt for the quarter that ended in Mar. 2024 was ₹29 Mil. Therefore, Trishakti Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 19.46%.

Trishakti Industries Effective Interest Rate on Debt % Historical Data

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

Trishakti Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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4.01

11.66

23.93

15.80

14.12

Trishakti 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															32.17	7.90	8.32	9.71	19.46

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

For the Oil & Gas Equipment & Services subindustry, Trishakti 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.

Trishakti Industries's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Trishakti Industries's Effective Interest Rate on Debt % distribution charts can be found below:

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

Trishakti Industries Effective Interest Rate on Debt % Calculation

Trishakti 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 * -2.392	/	( (4.961	+	28.922)	/ 2 )
=	-1 * -2.392	/	16.9415
=	14.12 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	4.961
=	4.961

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	28.922
=	28.922

Trishakti 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 * -5.628	/	( (0	+	28.922)	/ 1 )
=	-1 * -5.628	/	28.922
=	19.46 %

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
=	0	+	28.922
=	28.922

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.

Trishakti Industries (BOM:531279) Effective Interest Rate on Debt % Explanation

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

Trishakti Industries Effective Interest Rate on Debt % Related Terms

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Trishakti Industries (BOM:531279) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trishakti Industries Ltd (BOM:531279) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Sector V, Godrej Genesis, 10th Floor, Unit No. 1007, Salt Lake City, Kolkata, WB, IND, 700 091

Website

http://www.trishakti.com

Trishakti Industries Ltd, formerly Trishakti Electronics & Industries Ltd is an infrastructure and Oil and Gas exploration service provider. It provides services to companies such as Oil and Natural Gas Corporation Ltd and other PSU's, private and multinational clients. The company is focused on providing advisory services for the seismic data center requirement; providing agency services to foreign service providers in the execution and management of the services in India; importing and trading for various spices from abroad and also focusing on the development of logistic services including warehousing, etc.

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