Zomato (BOM:543320) Effective Interest Rate on Debt % : 13.82% (As of Dec. 2023)

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What is Zomato 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. Zomato's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹720 Mil. Zomato's average total debt for the quarter that ended in Dec. 2023 was ₹5,210 Mil. Therefore, Zomato's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 13.82%.

Zomato Effective Interest Rate on Debt % Historical Data

The historical data trend for Zomato'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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Zomato Effective Interest Rate on Debt % Chart

Zomato Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

6.74

12.43

11.81

14.29

15.67

Zomato Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial											12.59	9.73	14.43	12.65	13.82

Competitive Comparison of Zomato's Effective Interest Rate on Debt %

For the Internet Retail subindustry, Zomato'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.

Zomato's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zomato's Effective Interest Rate on Debt % distribution charts can be found below:

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

Zomato Effective Interest Rate on Debt % Calculation

Zomato'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 * -452	/	( (703	+	5066)	/ 2 )
=	-1 * -452	/	2884.5
=	15.67 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	510	+	193
=	703

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3566	+	1500
=	5066

Zomato's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -720	/	( (5210	+	0)	/ 1 )
=	-1 * -720	/	5210
=	13.82 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3900	+	1310
=	5210

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

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

Zomato (BOM:543320) Effective Interest Rate on Debt % Explanation

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

Zomato Effective Interest Rate on Debt % Related Terms

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Zomato (BOM:543320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zomato Ltd (BOM:543320) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

ZOMATO:India

Address

Golf Course Extension Road, Sector 62, Pioneer Square Building, Gurgaon, HR, IND, 122 098

Website

https://www.zomato.com

Zomato Ltd is an online food service platform. The customers use the platform to search and discover restaurants, read and write customer-generated reviews and view and upload photos, order food delivery, book a table, and make payments while dining out at restaurants. Its segment includes India food ordering and delivery; Hyperpure supplies, Quicl commerce business, and All other segments. The company generates maximum revenue from the India food ordering and delivery segment.

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