Indiabulls Real Estate (BOM:532832) Effective Interest Rate on Debt % : 2.97% (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Indiabulls Real Estate 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. Indiabulls Real Estate's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹91 Mil. Indiabulls Real Estate's average total debt for the quarter that ended in Mar. 2024 was ₹3,066 Mil. Therefore, Indiabulls Real Estate's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.97%.

Indiabulls Real Estate Effective Interest Rate on Debt % Historical Data

The historical data trend for Indiabulls Real Estate'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.

* Premium members only.

Indiabulls Real Estate Effective Interest Rate on Debt % Chart

Indiabulls Real Estate Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

13.51

12.17

9.43

3.46

3.22

Indiabulls Real Estate 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															1.01	1.22	3.67	5.30	2.97

Competitive Comparison of Indiabulls Real Estate's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Indiabulls Real Estate'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.

Indiabulls Real Estate's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Indiabulls Real Estate's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Indiabulls Real Estate's Effective Interest Rate on Debt % falls into.

Indiabulls Real Estate Effective Interest Rate on Debt % Calculation

Indiabulls Real Estate'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 * -92.4	/	( (2679.9	+	3065.7)	/ 2 )
=	-1 * -92.4	/	2872.8
=	3.22 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1681.1	+	998.8
=	2679.9

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2678.5	+	387.2
=	3065.7

Indiabulls Real Estate'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 * -91.2	/	( (0	+	3065.7)	/ 1 )
=	-1 * -91.2	/	3065.7
=	2.97 %

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
=	2678.5	+	387.2
=	3065.7

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.

Indiabulls Real Estate (BOM:532832) Effective Interest Rate on Debt % Explanation

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

Indiabulls Real Estate Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Indiabulls Real Estate's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Indiabulls Real Estate (BOM:532832) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Indiabulls Real Estate Ltd (BOM:532832) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

IBREALEST:India

Address

Dr. Annie Besant Road, WeWork Vaswani Chambers, 3rd Floor, 264-265, Municipal Colony, Worli Shivaji Nagar, Worli, Mumbai, MH, IND, 400030

Website

https://www.indiabullsrealestate.com

Indiabulls Real Estate Ltd is an India-based real estate developer. The company is involved in the construction and development of residential, commercial, and special economic zone projects across the majority of Indian metropolitan areas and London. Among other projects, the company is developing premium, high-end commercial, residential, and retail space apart from Tier 1 cities.

Indiabulls Real Estate (BOM:532832) Headlines

No Headlines