Moxsh Overseas Educon (NSE:MOXSH) Effective Interest Rate on Debt % : 22.83% (As of Sep. 2023)

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What is Moxsh Overseas Educon 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. Moxsh Overseas Educon's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₹3.2 Mil. Moxsh Overseas Educon's average total debt for the quarter that ended in Sep. 2023 was ₹13.8 Mil. Therefore, Moxsh Overseas Educon's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 22.83%.

Moxsh Overseas Educon Effective Interest Rate on Debt % Historical Data

The historical data trend for Moxsh Overseas Educon'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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Moxsh Overseas Educon Effective Interest Rate on Debt % Chart

Moxsh Overseas Educon Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

1.38

21.82

8.66

13.61

Moxsh Overseas Educon Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	-	45.54	5.35	22.83

Competitive Comparison of Moxsh Overseas Educon's Effective Interest Rate on Debt %

For the Education & Training Services subindustry, Moxsh Overseas Educon'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.

Moxsh Overseas Educon's Effective Interest Rate on Debt % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Moxsh Overseas Educon's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Moxsh Overseas Educon's Effective Interest Rate on Debt % falls into.

Moxsh Overseas Educon Effective Interest Rate on Debt % Calculation

Moxsh Overseas Educon'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 * -1.443	/	( (4.357	+	16.852)	/ 2 )
=	-1 * -1.443	/	10.6045
=	13.61 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	4.357
=	4.357

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	16.852
=	16.852

Moxsh Overseas Educon's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -3.152	/	( (16.852	+	10.763)	/ 2 )
=	-1 * -3.152	/	13.8075
=	22.83 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	16.852
=	16.852

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	10.763
=	10.763

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 (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Moxsh Overseas Educon (NSE:MOXSH) Effective Interest Rate on Debt % Explanation

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

Moxsh Overseas Educon Effective Interest Rate on Debt % Related Terms

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Moxsh Overseas Educon (NSE:MOXSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Moxsh Overseas Educon Ltd (NSE:MOXSH) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hasumal Tandel Marg, 159/160, Kaliandas Udhyog Bhavan, Century Bazar, Prabhadevi, Mumbai, MH, IND, 400025

Website

https://www.moksh16.com

Moxsh Overseas Educon Ltd is an Edu-Medi Tech company engaged in the business of offering diverse and cohesive learning solutions, counselling and mobility services to students aspiring to pursue medical studies (MBBS) in India or abroad under its brand MOKSH. It also provides advisory to students for their medical career planning and execution. The company is a digitally native, technology led business, providing online learning program (test preparation) for medical entrance examinations, NEET-UG and for medicos (i.e. medical aspirants or graduates of a medical school) to appear for medical licensing examination, such as USMLE, PLAB, DHA, NeXT, FMGE etc, under its brand MOKSH Academy.

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