Jasch Industries (BOM:500220) Effective Interest Rate on Debt % : 11.78% (As of Dec. 2023)

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What is Jasch Industries 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. Jasch Industries's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹11 Mil. Jasch Industries's average total debt for the quarter that ended in Dec. 2023 was ₹96 Mil. Therefore, Jasch Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 11.78%.

Jasch Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for Jasch Industries'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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Jasch Industries Effective Interest Rate on Debt % Chart

Jasch Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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9.45

14.91

12.74

8.30

10.77

Jasch Industries Quarterly Data
	Mar18	Mar19	Jun19	Sep19	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															16.06	2.58	13.61	11.25	11.78

Competitive Comparison of Jasch Industries's Effective Interest Rate on Debt %

For the Textile Manufacturing subindustry, Jasch Industries'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.

Jasch Industries's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jasch Industries's Effective Interest Rate on Debt % distribution charts can be found below:

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

Jasch Industries Effective Interest Rate on Debt % Calculation

Jasch Industries'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 * -7.153	/	( (47.404	+	85.412)	/ 2 )
=	-1 * -7.153	/	66.408
=	10.77 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.476	+	35.928
=	47.404

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	28.961	+	56.451
=	85.412

Jasch Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -11.348	/	( (96.323	+	0)	/ 1 )
=	-1 * -11.348	/	96.323
=	11.78 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	48.375	+	47.948
=	96.323

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

Jasch Industries (BOM:500220) Effective Interest Rate on Debt % Explanation

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

Jasch Industries Effective Interest Rate on Debt % Related Terms

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Jasch Industries (BOM:500220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Jasch Industries Ltd (BOM:500220) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

No. 502, Block C, NDM-2, Netaji Subhash Place, Pitampura, New Delhi, IND, 110034

Website

https://www.jaschindustries.com

Jasch Industries Ltd manufactures and sells polyurethane (PU) or polyvinyl chloride (PVC) coated fabrics and allied products in India. The company operates through two segments: Synthetic Leather Cloth & Allied Products and Electronic Thickness Gauge. The company generates maximum revenue from the Synthetic Leather Cloth & Allied Products segment. Its PU/PVC coated fabric is used in the footwear industry as raw material for shoe-upper, lining, insole, and sandal straps; garments as lining material; automobiles as seat covers; furniture upholstery material, and others.

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