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Gujarat Hy-Spin (BOM:540938) Effective Interest Rate on Debt % : 10.78% (As of Mar. 2025)


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What is Gujarat Hy-Spin 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. Gujarat Hy-Spin's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹9.8 Mil. Gujarat Hy-Spin's average total debt for the quarter that ended in Mar. 2025 was ₹91.3 Mil. Therefore, Gujarat Hy-Spin's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 10.78%.


Gujarat Hy-Spin Effective Interest Rate on Debt % Historical Data

The historical data trend for Gujarat Hy-Spin'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.

* Premium members only.

Gujarat Hy-Spin Effective Interest Rate on Debt % Chart

Gujarat Hy-Spin Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.53 8.88 10.25 10.68 11.08

Gujarat Hy-Spin Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 11.91 10.55 10.95 11.34 10.78

Competitive Comparison of Gujarat Hy-Spin's Effective Interest Rate on Debt %

For the Textile Manufacturing subindustry, Gujarat Hy-Spin'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.


Gujarat Hy-Spin's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gujarat Hy-Spin's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Gujarat Hy-Spin's Effective Interest Rate on Debt % falls into.


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Gujarat Hy-Spin Effective Interest Rate on Debt % Calculation

Gujarat Hy-Spin's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2024 )+Total Debt  (A: Mar. 2025 ))/ count )
=-1  *  -10.336/( (97.449+89.119)/ 2 )
=-1  *  -10.336/93.284
=11.08 %

where

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 97.449
=97.449

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 89.119
=89.119

Gujarat Hy-Spin's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -9.844/( (93.536+89.119)/ 2 )
=-1  *  -9.844/91.3275
=10.78 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 93.536
=93.536

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 89.119
=89.119

* 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 (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Gujarat Hy-Spin  (BOM:540938) Effective Interest Rate on Debt % Explanation

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


Gujarat Hy-Spin Effective Interest Rate on Debt % Related Terms

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Gujarat Hy-Spin Business Description

Traded in Other Exchanges
N/A
Address
Gundala Road, P. O. Box No. 22, Rajkot District, Gondal, GJ, IND, 360311
Gujarat Hy-Spin Ltd operates in the textile industry. Principally, it is engaged in the business of manufacturing cotton yarns as well as trading in cotton and other related items. In addition, it also produces ring yarns. The company sells cotton yarns to dealers who market it to other industrial units for weaving and other purposes. Its products comprise cotton bales, cotton waste, cotton yarn, raw cotton, wash oil, cotton seeds, and others. The company generates maximum revenue through the sale of its cotton yarn product.

Gujarat Hy-Spin Headlines

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