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Bajaj Holdings and Investment (LSE:BAUD) Effective Interest Rate on Debt % : 3.45% (As of Mar. 2024)


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What is Bajaj Holdings and Investment 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. Bajaj Holdings and Investment's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.3 Mil. Bajaj Holdings and Investment's average total debt for the quarter that ended in Mar. 2024 was $7.5 Mil. Therefore, Bajaj Holdings and Investment's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.45%.


Bajaj Holdings and Investment Effective Interest Rate on Debt % Historical Data

The historical data trend for Bajaj Holdings and Investment'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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Bajaj Holdings and Investment Effective Interest Rate on Debt % Chart

Bajaj Holdings and Investment Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.47 2.53 2.46 6.44 2.76

Bajaj Holdings and Investment 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 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 21.21 2.34 2.73 2.81 3.45

Competitive Comparison of Bajaj Holdings and Investment's Effective Interest Rate on Debt %

For the Asset Management subindustry, Bajaj Holdings and Investment'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.


Bajaj Holdings and Investment's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bajaj Holdings and Investment's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Bajaj Holdings and Investment's Effective Interest Rate on Debt % falls into.



Bajaj Holdings and Investment Effective Interest Rate on Debt % Calculation

Bajaj Holdings and Investment'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  *  -0.26/( (11.279+7.537)/ 2 )
=-1  *  -0.26/9.408
=2.76 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.279 + 0
=11.279

Bajaj Holdings and Investment'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  *  -0.26/( (0+7.537)/ 1 )
=-1  *  -0.26/7.537
=3.45 %

where

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


Bajaj Holdings and Investment  (LSE:BAUD) Effective Interest Rate on Debt % Explanation

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


Bajaj Holdings and Investment Effective Interest Rate on Debt % Related Terms

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Bajaj Holdings and Investment (LSE:BAUD) Business Description

Traded in Other Exchanges
Address
Off Pune - Ahmednagar Road, 6th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014
Bajaj Holdings and Investment Ltd is an investment company that chooses equities from both the public and private equity markets. Traditionally, the company seeks to invest in companies that fit a five-year investment horizon. Investment portfolios are managed by an investment committee that meets frequently, and a team of fund managers and analysts. Bajaj's positions are placed into one of four portfolios, which include: strategic equity investments; other equities; fixed income securities; and property investments. Sector allocation for the company's other equities portfolio traditionally includes financials, technology/pharma, consumers/education, sugar, materials, construction, and telecom, and media.

Bajaj Holdings and Investment (LSE:BAUD) Headlines

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