Gayatri Sugars (BOM:532183) Effective Interest Rate on Debt % : 15.95% (As of Mar. 2024)

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What is Gayatri Sugars 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. Gayatri Sugars's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹210 Mil. Gayatri Sugars's average total debt for the quarter that ended in Mar. 2024 was ₹1,314 Mil. Therefore, Gayatri Sugars's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 15.95%.

Gayatri Sugars Effective Interest Rate on Debt % Historical Data

The historical data trend for Gayatri Sugars'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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Gayatri Sugars Effective Interest Rate on Debt % Chart

Gayatri Sugars Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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13.44

14.69

15.60

17.87

19.77

Gayatri Sugars 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															4.14	19.55	14.90	20.66	15.95

Competitive Comparison of Gayatri Sugars's Effective Interest Rate on Debt %

For the Confectioners subindustry, Gayatri Sugars'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.

Gayatri Sugars's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gayatri Sugars's Effective Interest Rate on Debt % distribution charts can be found below:

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

Gayatri Sugars Effective Interest Rate on Debt % Calculation

Gayatri Sugars'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 * -243.043	/	( (1145.022	+	1314.296)	/ 2 )
=	-1 * -243.043	/	1229.659
=	19.77 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	549.06	+	595.962
=	1145.022

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	953.747	+	360.549
=	1314.296

Gayatri Sugars'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 * -209.656	/	( (0	+	1314.296)	/ 1 )
=	-1 * -209.656	/	1314.296
=	15.95 %

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
=	953.747	+	360.549
=	1314.296

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.

Gayatri Sugars (BOM:532183) Effective Interest Rate on Debt % Explanation

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

Gayatri Sugars Effective Interest Rate on Debt % Related Terms

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Gayatri Sugars (BOM:532183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gayatri Sugars Ltd (BOM:532183) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rajbhavan Road, 6-3-1090, B2, 2nd Floor, T.S.R. Towers, Somajiguda, Hyderabad, TG, IND, 500 082

Website

https://www.gayatrisugars.com

Gayatri Sugars Ltd engages in the manufacture of sugar and allied products. Its products include sugar, distillery products like Rectified Spirit, Impure spirit, Ethanol, and byproducts like Molasses, Filter cake, Ash, and Bagasse. The company's operating segment includes Sugar and Distillery. It generates maximum revenue from the Sugar segment. The company is also engaged in power generation.

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