GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nippon Life India Asset Management Ltd (NSE:NAM-INDIA) » Definitions » Effective Interest Rate on Debt %

Nippon Life India Asset Management (NSE:NAM-INDIA) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Nippon Life India Asset Management 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. Nippon Life India Asset Management's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹64 Mil. Nippon Life India Asset Management's average total debt for the quarter that ended in Mar. 2024 was ₹0 Mil. Therefore, Nippon Life India Asset Management's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was N/A%.


Nippon Life India Asset Management Effective Interest Rate on Debt % Historical Data

The historical data trend for Nippon Life India Asset Management'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.

Nippon Life India Asset Management Effective Interest Rate on Debt % Chart

Nippon Life India Asset Management 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 6.96 6.67 7.75 7.70 11.14

Nippon Life India Asset Management 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 8.29 9.21 - - -

Competitive Comparison of Nippon Life India Asset Management's Effective Interest Rate on Debt %

For the Asset Management subindustry, Nippon Life India Asset Management'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.


Nippon Life India Asset Management's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nippon Life India Asset Management's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Nippon Life India Asset Management's Effective Interest Rate on Debt % falls into.



Nippon Life India Asset Management Effective Interest Rate on Debt % Calculation

Nippon Life India Asset Management'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  *  -62.4/( (560+0)/ 1 )
=-1  *  -62.4/560
=11.14 %

where

Nippon Life India Asset Management'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  *  -64/( (0+0)/ 1 )
=-1  *  -64/0
=N/A %

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.


Nippon Life India Asset Management  (NSE:NAM-INDIA) Effective Interest Rate on Debt % Explanation

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


Nippon Life India Asset Management Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Nippon Life India Asset Management's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nippon Life India Asset Management (NSE:NAM-INDIA) Business Description

Traded in Other Exchanges
Address
Ganapatrao Kadam Marg, 4th Floor, Tower A, Peninsula Business Park, Lower Parel (W), Mumbai, MH, IND, 400013
Nippon Life India Asset Management Ltd is an asset management company managing equity and fixed-income mutual funds. It engages in managing mutual funds including exchange-traded funds (ETFs); managed accounts, including portfolio management services, alternative investment funds, and pension funds; and offshore funds and advisory mandates. The group mainly focuses on equity funds, debt funds, gold funds, liquid funds, ETFs, retirement funds, and others.

Nippon Life India Asset Management (NSE:NAM-INDIA) Headlines

No Headlines