Shelter Pharma (BOM:543963) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)

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What is Shelter Pharma 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. Shelter Pharma's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Shelter Pharma's average total debt for the quarter that ended in Mar. 2024 was ₹5.2 Mil. Therefore, Shelter Pharma's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.

Shelter Pharma Effective Interest Rate on Debt % Historical Data

The historical data trend for Shelter Pharma'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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Shelter Pharma Effective Interest Rate on Debt % Chart

Shelter Pharma Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

297.83

92.27

1.45

3.95

Shelter Pharma Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	12.03	0.67	8.33	-

Competitive Comparison of Shelter Pharma's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, Shelter Pharma'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.

Shelter Pharma's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shelter Pharma's Effective Interest Rate on Debt % distribution charts can be found below:

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

Shelter Pharma Effective Interest Rate on Debt % Calculation

Shelter Pharma'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 * -0.466	/	( (17.841	+	5.773)	/ 2 )
=	-1 * -0.466	/	11.807
=	3.95 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.8	+	13.041
=	17.841

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.732	+	0.041
=	5.773

Shelter Pharma'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	/	( (4.544	+	5.773)	/ 2 )
=	-1 * 0	/	5.1585
=	0.00 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	4.544
=	4.544

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.732	+	0.041
=	5.773

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.

Shelter Pharma (BOM:543963) Effective Interest Rate on Debt % Explanation

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

Shelter Pharma Effective Interest Rate on Debt % Related Terms

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Shelter Pharma (BOM:543963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shelter Pharma Ltd (BOM:543963) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Mistry Chambers, Khanpur, Ahmedabad, GJ, IND, 380001

Website

https://www.shelter.co.in

Shelter Pharma Ltd focuses in manufacturing herbal products with well-built presence in Human Pharma as well as Veterinary space. It is present in most of non-critical segment of Human as well as Veterinary Pharma through its well spread portfolio. Its products include Tablets, syrups, Baby drops, Barley Water, Oils, Powders, Ointments and Etc.

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