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Hathway Cable & Datacom (NSE:HATHWAY) Effective Interest Rate on Debt % : 9.16% (As of Mar. 2024)


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What is Hathway Cable & Datacom 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. Hathway Cable & Datacom's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹18 Mil. Hathway Cable & Datacom's average total debt for the quarter that ended in Mar. 2024 was ₹197 Mil. Therefore, Hathway Cable & Datacom's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 9.16%.


Hathway Cable & Datacom Effective Interest Rate on Debt % Historical Data

The historical data trend for Hathway Cable & Datacom'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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Hathway Cable & Datacom Effective Interest Rate on Debt % Chart

Hathway Cable & Datacom Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.64 1.96 - 3.75 8.49

Hathway Cable & Datacom Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.99 9.47 10.50 17.49 9.16

Competitive Comparison of Hathway Cable & Datacom's Effective Interest Rate on Debt %

For the Entertainment subindustry, Hathway Cable & Datacom'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.


Hathway Cable & Datacom's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hathway Cable & Datacom's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Hathway Cable & Datacom's Effective Interest Rate on Debt % falls into.



Hathway Cable & Datacom Effective Interest Rate on Debt % Calculation

Hathway Cable & Datacom's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2023 )+Total Debt  (A: Mar. 2024 ))/ count )
=-1  *  -10.5/( (50.7+196.6)/ 2 )
=-1  *  -10.5/123.65
=8.49 %

where

Hathway Cable & Datacom's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -18/( (0+196.6)/ 1 )
=-1  *  -18/196.6
=9.16 %

where

* 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 four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Hathway Cable & Datacom  (NSE:HATHWAY) Effective Interest Rate on Debt % Explanation

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


Hathway Cable & Datacom Effective Interest Rate on Debt % Related Terms

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Hathway Cable & Datacom (NSE:HATHWAY) Business Description

Traded in Other Exchanges
Address
Off CST Road, 805/806, Windsor, 8th Floor, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
Hathway Cable & Datacom Ltd is an India-based Multi System Operator engaged in providing cable television (TV) network services, broadband services, and allied services. The product range of the company includes digital and analogue cable television, broadband and local television channels. The products offered under the digital cable television services are HD Personal Video Recorder, Hathway SD, and Hathway HD. The company provides TV services in digital mode. In addition, it also offers features like video on demand, an electronic programming guide, and other features. It generates the majority of the revenue from Cable television services. The Group has two reportable segments: Broadband Business and Cable Television.

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