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Parvati Sweetners and Power (BOM:541347) Effective Interest Rate on Debt % : 6.51% (As of Jun. 2024)


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What is Parvati Sweetners and 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. Parvati Sweetners and Power's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was ₹34.5 Mil. Parvati Sweetners and Power's average total debt for the quarter that ended in Jun. 2024 was ₹530.6 Mil. Therefore, Parvati Sweetners and Power's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 6.51%.


Parvati Sweetners and Power Effective Interest Rate on Debt % Historical Data

The historical data trend for Parvati Sweetners and 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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Parvati Sweetners and Power Effective Interest Rate on Debt % Chart

Parvati Sweetners and Power Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 2.89 3.42 4.38 5.42 6.31

Parvati Sweetners and Power Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.02 13.16 10.35 7.33 6.51

Competitive Comparison of Parvati Sweetners and Power's Effective Interest Rate on Debt %

For the Confectioners subindustry, Parvati Sweetners and 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.


Parvati Sweetners and Power's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

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



Parvati Sweetners and Power Effective Interest Rate on Debt % Calculation

Parvati Sweetners and Power'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  *  -33.545/( (532.138+530.554)/ 2 )
=-1  *  -33.545/531.346
=6.31 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=145.773 + 386.365
=532.138

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=127.52 + 403.034
=530.554

Parvati Sweetners and Power's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -34.54/( (530.554+0)/ 1 )
=-1  *  -34.54/530.554
=6.51 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=127.52 + 403.034
=530.554

* 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.

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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Parvati Sweetners and Power  (BOM:541347) Effective Interest Rate on Debt % Explanation

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


Parvati Sweetners and Power Effective Interest Rate on Debt % Related Terms

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Parvati Sweetners and Power Business Description

Traded in Other Exchanges
N/A
Address
Jawahar Chowk, Hall No. 2, Gomantika Parisar, Shopping Complex, Bhopal, MP, IND, 462003
Parvati Sweetners and Power Ltd is engaged in the manufacturing, processing, refining, selling, and trading of crystal sugar, refined sugar, sugar cubes, liquid sugar, and raw sugar including sugar candy, confectionery, pharmaceutical sugar, syrups, food products and by-products such as biogases, molasses, ethanol, and others. The company generates its income from the sale of sugar and its by-products.

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