USG Tech Solutions (BOM:532402) Effective Interest Rate on Debt % : 0.88% (As of Dec. 2023)

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What is USG Tech Solutions 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. USG Tech Solutions's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹1.43 Mil. USG Tech Solutions's average total debt for the quarter that ended in Dec. 2023 was ₹163.03 Mil. Therefore, USG Tech Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.88%.

USG Tech Solutions Effective Interest Rate on Debt % Historical Data

The historical data trend for USG Tech Solutions'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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USG Tech Solutions Effective Interest Rate on Debt % Chart

USG Tech Solutions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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0.48

0.93

6.75

2.77

USG Tech Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.71	3.00	-	0.86	0.88

Competitive Comparison of USG Tech Solutions's Effective Interest Rate on Debt %

For the Software - Infrastructure subindustry, USG Tech Solutions'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.

USG Tech Solutions's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, USG Tech Solutions's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where USG Tech Solutions's Effective Interest Rate on Debt % falls into.

USG Tech Solutions Effective Interest Rate on Debt % Calculation

USG Tech Solutions's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -1.175	/	( (40.636	+	44.26)	/ 2 )
=	-1 * -1.175	/	42.448
=	2.77 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	40.636	+	0
=	40.636

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	44.26	+	0
=	44.26

USG Tech Solutions'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 * -1.432	/	( (163.025	+	0)	/ 1 )
=	-1 * -1.432	/	163.025
=	0.88 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	163.025	+	0
=	163.025

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

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.

USG Tech Solutions (BOM:532402) Effective Interest Rate on Debt % Explanation

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

USG Tech Solutions Effective Interest Rate on Debt % Related Terms

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USG Tech Solutions (BOM:532402) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » USG Tech Solutions Ltd (BOM:532402) » Definitions » Effective Interest Rate on Debt %

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Address

10 C, Under Hills Road, Civil Lines, Delhi, IND, 110054

Website

https://www.usgtechsolutions.com

USG Tech Solutions Ltd is engaged in software development, supply of software, consultancy in hardware, and to act as Consultancy in hardware and to act as Consultant , job worker, representative, advisor, or otherwise to deal in all kinds of computer software, equipment peripherals, and accessories. It also runs a computer Training center, conduct seminars, workshops, short term and long term courses on computer maintenance, software development and to develop and design software in India and abroad. The company provides placement of software professional consultancy services, advice in India an abroad manufacturing technical managerial and marketing services in computer education, software, and other allied fields. The company derives revenue from the software development.

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