Shantidoot Infra Services (BOM:543598) Effective Interest Rate on Debt % : 11.24% (As of Mar. 2024)

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What is Shantidoot Infra Services 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. Shantidoot Infra Services's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹0.3 Mil. Shantidoot Infra Services's average total debt for the quarter that ended in Mar. 2024 was ₹2.9 Mil. Therefore, Shantidoot Infra Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 11.24%.

Shantidoot Infra Services Effective Interest Rate on Debt % Historical Data

The historical data trend for Shantidoot Infra Services'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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Shantidoot Infra Services Effective Interest Rate on Debt % Chart

Shantidoot Infra Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

0.45

0.25

6.01

5.21

9.41

Shantidoot Infra Services Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	0.03	11.05	5.38	11.24

Competitive Comparison of Shantidoot Infra Services's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Shantidoot Infra Services'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.

Shantidoot Infra Services's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shantidoot Infra Services's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shantidoot Infra Services's Effective Interest Rate on Debt % falls into.

Shantidoot Infra Services Effective Interest Rate on Debt % Calculation

Shantidoot Infra Services'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 * -0.304	/	( (5.458	+	1)	/ 2 )
=	-1 * -0.304	/	3.229
=	9.41 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.265	+	1.193
=	5.458

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1	+	0
=	1

Shantidoot Infra Services'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: Sep. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -0.33	/	( (4.873	+	1)	/ 2 )
=	-1 * -0.33	/	2.9365
=	11.24 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.873	+	0
=	4.873

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1	+	0
=	1

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 two times the semi-annual (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Shantidoot Infra Services (BOM:543598) Effective Interest Rate on Debt % Explanation

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

Shantidoot Infra Services Effective Interest Rate on Debt % Related Terms

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Shantidoot Infra Services (BOM:543598) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shantidoot Infra Services Ltd (BOM:543598) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Patliputra Colony, House No. 221, 2nd floor, Patna, BR, IND, 800013

Website

https://www.shantidootinfra.com

Shantidoot Infra Services Ltd is a specialized provider of construction services to the education, healthcare and hospitality sectors. Apart from undertaking new projects the company also carry out projects of re-designing, re-modeling and renovating institutions as per the need of clients. It categorize projects mainly into two segments namely Government sector and Private sector. It is also focused primarily on construction and development of residential and commercial projects, in and around Bihar. The company secure private sector contracts, in general, through one-to-one negotiation and Government contracts through bids as per the public notice issued by government departments.

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