Phantom Digital Effects (NSE:PHANTOMFX) Effective Interest Rate on Debt % : 7.35% (As of Sep. 2023)

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What is Phantom Digital Effects 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. Phantom Digital Effects's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₹13.1 Mil. Phantom Digital Effects's average total debt for the quarter that ended in Sep. 2023 was ₹177.9 Mil. Therefore, Phantom Digital Effects's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 7.35%.

Phantom Digital Effects Effective Interest Rate on Debt % Historical Data

The historical data trend for Phantom Digital Effects'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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Phantom Digital Effects Effective Interest Rate on Debt % Chart

Phantom Digital Effects Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

28.84

8.70

20.18

10.06

Phantom Digital Effects Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			2.12	13.03	-	11.97	7.35

Competitive Comparison of Phantom Digital Effects's Effective Interest Rate on Debt %

For the Entertainment subindustry, Phantom Digital Effects'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.

Phantom Digital Effects's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Phantom Digital Effects's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Phantom Digital Effects's Effective Interest Rate on Debt % falls into.

Phantom Digital Effects Effective Interest Rate on Debt % Calculation

Phantom Digital Effects'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 * -5.052	/	( (27.097	+	73.364)	/ 2 )
=	-1 * -5.052	/	50.2305
=	10.06 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.666	+	19.431
=	27.097

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15.502	+	57.862
=	73.364

Phantom Digital Effects'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: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -13.084	/	( (0	+	177.938)	/ 1 )
=	-1 * -13.084	/	177.938
=	7.35 %

where

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

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15.502	+	162.436
=	177.938

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

Phantom Digital Effects (NSE:PHANTOMFX) Effective Interest Rate on Debt % Explanation

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

Phantom Digital Effects Effective Interest Rate on Debt % Related Terms

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Phantom Digital Effects (NSE:PHANTOMFX) Business Description

Industry

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Traded in Other Exchanges

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Address

3rd Main Road, 6th Floor, Tower B, Kosmo One Tech Park, Plot No.14, Ambattur, Chennai, TN, IND, 600058

Website

https://www.phantom-fx.com

Phantom Digital Effects Ltd is a certified trusted partner network (TPN) company, full-fledged creative VFX studio, based in India with offices operating in US and Canada. As a TPN Certified studio, PhantomFX offers a wide range of VFX services. The company's specializations include: Completing a Shot with final compositing, Creating 3D elements, photoreal creatures, and environments, Rig/Wire removal, paint cleanup, rotoscopy, 3D matchmove, 3D animation (storyboard, animation), Pre-visualization Game cinematics, Fire / water Fx and other natural phenomena 3D ride animation.

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