IndusInd Bank (NSE:INDUSINDBK) Effective Interest Rate on Debt %

: 43.67% (As of Mar. 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. IndusInd Bank's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was ₹214,050 Mil. IndusInd Bank's average total debt for the quarter that ended in Mar. 2023 was ₹490,112 Mil. Therefore, IndusInd Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 43.67%.

IndusInd Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for IndusInd Bank'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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IndusInd Bank Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

32.18

32.91

29.27

33.60

39.66

IndusInd Bank Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Effective Interest Rate on Debt %																33.93	35.52	43.33	48.80	43.67

Competitive Comparison

For the Banks - Regional subindustry, IndusInd Bank'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.

Annual Data Quarterly Data

IndusInd Bank Effective Interest Rate on Debt % Distribution

For the Banks industry and Financial Services sector, IndusInd Bank's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where IndusInd Bank's Effective Interest Rate on Debt % falls in comparison to its industry or sector. The grey bar indicates the Effective Interest Rate on Debt %'s extreme value range as defined by GuruFocus.

IndusInd Bank Effective Interest Rate on Debt % Calculation

IndusInd Bank'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 * -187758	/	( (456775.678	+	490112.3)	/ 2 )
=	-1 * -187758	/	473443.989
=	39.66 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	456775.678	+	0
=	456775.678

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	490112.3	+	0
=	490112.3

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Mar. 2023 ))	/ count )
=	-1 * -214050	/	( (0	+	490112.3)	/ 1 )
=	-1 * -214050	/	490112.3
=	43.67 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	490112.3	+	0
=	490112.3

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

IndusInd Bank (NSE:INDUSINDBK) Effective Interest Rate on Debt % Explanation

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

IndusInd Bank Effective Interest Rate on Debt % Related Terms

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IndusInd Bank (NSE:INDUSINDBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IndusInd Bank Ltd (NSE:INDUSINDBK) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

532187:India

Address

841, Senapati Bapat Marg, 8th Floor, Tower 1, One World Centre, Elphinstone Road (West), Mumbai, MH, IND, 400013

Website

https://www.indusind.com

IndusInd Bank Ltd is a full-service banking group operating in India. Its services include consumer banking, credit cards, consumer finance, corporate banking, commercial banking, global markets, transaction banking, priority sector lending, risk management, and financial restructuring and reconstruction. The bank's strategic focus has been to maintain its high-street brand, and it has adopted various initiatives to increase the brand's visibility through digital marketing and increased financial technology. Most of its loan book is in term loans entirely exposed to India.

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