Orissa Sponge Iron & Steel (BOM:504864) Effective Interest Rate on Debt %: 6.54% (As of Mar. 2025)

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What is Orissa Sponge Iron & Steel Effective Interest Rate on Debt %?

Orissa Sponge Iron & Steel BOM:504864 Effective Interest Rate on Debt % is 6.54% as of Mar. 2025. The stock has 8 warning signs investors should review.

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. Orissa Sponge Iron & Steel's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹261 Mil. Orissa Sponge Iron & Steel's average total debt for the quarter that ended in Mar. 2025 was ₹3,983 Mil. Therefore, Orissa Sponge Iron & Steel's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 6.54%.


Orissa Sponge Iron & Steel  (BOM:504864) Effective Interest Rate on Debt % Explanation

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


Orissa Sponge Iron & Steel Effective Interest Rate on Debt % Related Terms


Orissa Sponge Iron & Steel Effective Interest Rate on Debt % Historical Data

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The historical data trend for Orissa Sponge Iron & Steel'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.

Orissa Sponge Iron & Steel Effective Interest Rate on Debt % Chart

Orissa Sponge Iron & Steel Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.03 5.20 0.01 2.82 6.54

Orissa Sponge Iron & Steel Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
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 29.03 5.20 0.01 2.82 6.54

BOM:504864 vs NUE: Effective Interest Rate on Debt % Comparison

For the Steel subindustry, Orissa Sponge Iron & Steel'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.


Orissa Sponge Iron & Steel Effective Interest Rate on Debt % vs Steel Industry

For the Steel industry and Basic Materials sector, Orissa Sponge Iron & Steel's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Orissa Sponge Iron & Steel's Effective Interest Rate on Debt % falls into.



Orissa Sponge Iron & Steel Effective Interest Rate on Debt % Calculation

Orissa Sponge Iron & Steel's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2024 )+Total Debt  (A: Mar. 2025 ))/ count )
=-1  *  -260.698/( (4177.195+3789.57)/ 2 )
=-1  *  -260.698/3983.3825
=6.54 %

where

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4145.682 + 31.513
=4177.195

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3759.719 + 29.851
=3789.57

Orissa Sponge Iron & Steel's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -260.698/( (4177.195+3789.57)/ 2 )
=-1  *  -260.698/3983.3825
=6.54 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4145.682 + 31.513
=4177.195

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3759.719 + 29.851
=3789.57

* 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 one times the annual (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 6.54% mean?
Orissa Sponge Iron & Steel (BOM:504864) has a Effective Interest Rate on Debt % of 6.54% as of Mar. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Orissa Sponge Iron & Steel and its competitors.
Is Orissa Sponge Iron & Steel's Effective Interest Rate on Debt % too high?
Orissa Sponge Iron & Steel's current Effective Interest Rate on Debt % is 6.54%.
How does Orissa Sponge Iron & Steel's Effective Interest Rate on Debt % compare to NUE?
Orissa Sponge Iron & Steel's Effective Interest Rate on Debt % of 6.54% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Steel company?
A good Effective Interest Rate on Debt % depends on the Steel industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Orissa Sponge Iron & Steel and its competitors. Orissa Sponge Iron & Steel's current Effective Interest Rate on Debt % is 6.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orissa Sponge Iron & Steel stock overvalued right now?
Orissa Sponge Iron & Steel (BOM:504864) has a current Effective Interest Rate on Debt % of 6.54%. The current Effective Interest Rate on Debt % is 6.54%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Orissa Sponge Iron & Steel (BOM:504864), the current Effective Interest Rate on Debt % is 6.54% as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Orissa Sponge Iron & Steel Business Description

Address A 201, First Floor, Okhla Industrial Area, Phase I, New Delhi, IND, 110020
Orissa Sponge Iron & Steel Ltd is engaged in manufacturing and selling iron and steel. It mainly operates coal-based sponge iron plants, waste energy recovery-based power plants, and a billet-making plant. The Company's business activities falls within a single primary business segment which is Iron & Steel. The firm generates revenues through the sale of surplus power, and also involves in providing engineering and technical services. It operates a coal-based sponge iron plant, waste energy recovery-based power plants, and a billet-making plant.