Euro Panel Products (NSE:EUROBOND) Effective Interest Rate on Debt %

: 15.97% (As of Sep. 2023)

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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. Euro Panel Products's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₹88 Mil. Euro Panel Products's average total debt for the quarter that ended in Sep. 2023 was ₹550 Mil. Therefore, Euro Panel Products's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 15.97%.

Euro Panel Products Effective Interest Rate on Debt % Historical Data

The historical data trend for Euro Panel Products'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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Euro Panel Products Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

15.01

11.61

11.91

15.26

15.99

Euro Panel Products Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Effective Interest Rate on Debt %				14.78	16.08	17.51	14.41	15.97

Competitive Comparison

For the Building Products & Equipment subindustry, Euro Panel Products'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.

Euro Panel Products Effective Interest Rate on Debt % Distribution

For the Construction industry and Industrials sector, Euro Panel Products's Effective Interest Rate on Debt % distribution charts can be found below:

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

Euro Panel Products Effective Interest Rate on Debt % Calculation

Euro Panel Products'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 * -69.454	/	( (319.889	+	548.904)	/ 2 )
=	-1 * -69.454	/	434.3965
=	15.99 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	141.135	+	178.754
=	319.889

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	128.334	+	420.57
=	548.904

Euro Panel Products'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 * -87.838	/	( (548.904	+	551.038)	/ 2 )
=	-1 * -87.838	/	549.971
=	15.97 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	128.334	+	420.57
=	548.904

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	156.652	+	394.386
=	551.038

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.

Euro Panel Products (NSE:EUROBOND) Effective Interest Rate on Debt % Explanation

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

Euro Panel Products Effective Interest Rate on Debt % Related Terms

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Euro Panel Products (NSE:EUROBOND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Euro Panel Products Ltd (NSE:EUROBOND) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ramdas Sutrale Road, 702, 7th Floor, Aravalli Business Centre, Borivali (West), Mumbai, MH, IND, 400092

Website

https://www.eurobondacp.com

Euro Panel Products Ltd is engaged in the manufacturing and supplying of Aluminium Composite Panels (ACP) globally. ACPs are a kind of panels, which are widely used as an exterior covering of commercial buildings and corporate houses. the company products also include stone series for the exterior of the building, high-pressure laminates, ACP sign board, and ACP elevation. majority of the company's revenue is derived from India.

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