Nestle India (NSE:NESTLEIND) Effective Interest Rate on Debt % : 43.51% (As of Sep. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Nestle India 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. Nestle India's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₹1,255 Mil. Nestle India's average total debt for the quarter that ended in Sep. 2023 was ₹2,885 Mil. Therefore, Nestle India's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 43.51%.

Nestle India Effective Interest Rate on Debt % Historical Data

The historical data trend for Nestle India'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.

Nestle India Effective Interest Rate on Debt % Chart

Nestle India Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

269.15

106.41

70.90

97.60

97.44

Nestle India Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															53.14	66.30	54.72	45.45	43.51

Competitive Comparison of Nestle India's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Nestle India'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.

Nestle India's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle India's Effective Interest Rate on Debt % distribution charts can be found below:

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

Nestle India Effective Interest Rate on Debt % Calculation

Nestle India's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * -2016.8	/	( (1474.9	+	2664.6)	/ 2 )
=	-1 * -2016.8	/	2069.75
=	97.44 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	974.8	+	500.1
=	1474.9

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2177.8	+	486.8
=	2664.6

Nestle India'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: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -1255.2	/	( (2884.9	+	0)	/ 1 )
=	-1 * -1255.2	/	2884.9
=	43.51 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2260.9	+	624
=	2884.9

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

Nestle India (NSE:NESTLEIND) Effective Interest Rate on Debt % Explanation

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

Nestle India Effective Interest Rate on Debt % Related Terms

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

Nestle India (NSE:NESTLEIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle India Ltd (NSE:NESTLEIND) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

500790:India

Address

Nestle House, Jacaranda Marg, M Block, DLF City, Phase II, Gurugram, HR, IND, 122 002

Website

https://www.nestle.in

Nestle India Ltd is a subsidiary of Nestle of Switzerland with business divided into milk products and nutrition, beverages, prepared dishes and cooking aids, chocolate and confectionery, and vending food services. Milk products and nutrition consist of nutritional products for infants and pregnant and breastfeeding mothers. The Powdered and Liquid Beverages product division sells tea and instant coffee under the Nestea, Nescafe Classic, and Nescafe Gold brands. Prepared dishes and cooking aids comprise food-enriching flavors under the Maggi brand. The Confectionery products in chocolate and confectionery are KitKat, Munch Nuts, and Nestle Alpino. The company's business activity falls within a single operating segment, namely Food.

Nestle India (NSE:NESTLEIND) Headlines

No Headlines