Reliance Power (BOM:532939) Effective Interest Rate on Debt % : 11.78% (As of Dec. 2023)

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What is Reliance Power 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. Reliance Power's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹24,268 Mil. Reliance Power's average total debt for the quarter that ended in Dec. 2023 was ₹206,046 Mil. Therefore, Reliance Power's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 11.78%.

Reliance Power Effective Interest Rate on Debt % Historical Data

The historical data trend for Reliance Power'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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Reliance Power Effective Interest Rate on Debt % Chart

Reliance Power Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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9.22

9.82

8.51

10.00

9.45

Reliance Power 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															11.42	2.69	11.68	14.08	11.78

Competitive Comparison of Reliance Power's Effective Interest Rate on Debt %

For the Utilities - Independent Power Producers subindustry, Reliance Power'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.

Reliance Power's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Reliance Power's Effective Interest Rate on Debt % distribution charts can be found below:

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

Reliance Power Effective Interest Rate on Debt % Calculation

Reliance Power'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 * -20952.1	/	( (231290.3	+	212360.3)	/ 2 )
=	-1 * -20952.1	/	221825.3
=	9.45 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	142141.9	+	89148.4
=	231290.3

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	122403.6	+	89956.7
=	212360.3

Reliance Power'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 * -24268	/	( (206046.2	+	0)	/ 1 )
=	-1 * -24268	/	206046.2
=	11.78 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	115368.9	+	90677.3
=	206046.2

	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.

Reliance Power (BOM:532939) Effective Interest Rate on Debt % Explanation

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

Reliance Power Effective Interest Rate on Debt % Related Terms

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Reliance Power (BOM:532939) Business Description

Industry

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RPOWER:India

Address

19, Walchand Hirachand Marg, Reliance Centre, Ground Floor, Ballard Estate, Mumbai, MH, IND, 400 001

Website

https://www.reliancepower.co.in

Reliance Power Ltd is an electric utility that constructs, develops, and operates power generation projects. Generation of power is its lone operating segment and includes all of the firm's projects. Categorized as either operating, under construction, or under development, these projects generate electricity using thermal fuel sources or renewable resources. Sizable coal reserves in central India and Indonesia drive coal-based power projects. Renewable resource projects leverage solar, hydro, and wind power. Reliance derives its revenue from the sale of energy, but support service agreements contribute as well.

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