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Shiva Granito Export (BOM:540072) Effective Interest Rate on Debt % : 12.74% (As of Sep. 2023)


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What is Shiva Granito Export 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. Shiva Granito Export's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₹3.21 Mil. Shiva Granito Export's average total debt for the quarter that ended in Sep. 2023 was ₹25.17 Mil. Therefore, Shiva Granito Export's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 12.74%.


Shiva Granito Export Effective Interest Rate on Debt % Historical Data

The historical data trend for Shiva Granito Export'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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Shiva Granito Export Effective Interest Rate on Debt % Chart

Shiva Granito Export Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.11 13.39 9.10 11.70 663.62

Shiva Granito Export Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 7.21 18.67 13.88 15.17 12.74

Competitive Comparison of Shiva Granito Export's Effective Interest Rate on Debt %

For the Building Materials subindustry, Shiva Granito Export'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.


Shiva Granito Export's Effective Interest Rate on Debt % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Shiva Granito Export's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shiva Granito Export's Effective Interest Rate on Debt % falls into.



Shiva Granito Export Effective Interest Rate on Debt % Calculation

Shiva Granito Export'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  *  -3.046/( (0.505+0.413)/ 2 )
=-1  *  -3.046/0.459
=663.62 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.102 + 0.311
=0.413

Shiva Granito Export'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  *  -3.206/( (0.413+49.926)/ 2 )
=-1  *  -3.206/25.1695
=12.74 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.102 + 0.311
=0.413

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.882 + 36.044
=49.926

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


Shiva Granito Export  (BOM:540072) Effective Interest Rate on Debt % Explanation

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


Shiva Granito Export Effective Interest Rate on Debt % Related Terms

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Shiva Granito Export (BOM:540072) Business Description

Traded in Other Exchanges
N/A
Address
8, Bhatt ji Ki Baari, Udaipur, RJ, IND, 313001
Shiva Granito Export Ltd is an exporter of marble and granite. It offers products including mineral powder, artificial quartz slabs, chemicals, countertops, marble, and granite. It has a manufacturing plant for Engineered Quartz Stone Slabs, different grades of Resins, Quartz Powder, and Statues.

Shiva Granito Export (BOM:540072) Headlines

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