IFB Agro Industries (BOM:507438) Effective Interest Rate on Debt % : 6.94% (As of Sep. 2024)

View and export this data going back to 2000. Start your Free Trial

What is IFB Agro 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. IFB Agro Industries's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹13 Mil. IFB Agro Industries's average total debt for the quarter that ended in Sep. 2024 was ₹185 Mil. Therefore, IFB Agro Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 6.94%.

IFB Agro Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for IFB Agro 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.

* Premium members only.

IFB Agro Industries Effective Interest Rate on Debt % Chart

IFB Agro Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

16.17

8.29

5.20

9.67

10.59

IFB Agro Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															12.14	9.98	14.67	8.94	6.94

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

For the Beverages - Wineries & Distilleries subindustry, IFB Agro 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.

IFB Agro Industries's Effective Interest Rate on Debt % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, IFB Agro Industries's Effective Interest Rate on Debt % distribution charts can be found below:

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

IFB Agro Industries Effective Interest Rate on Debt % Calculation

IFB Agro Industries'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 * -16.2	/	( (194.1	+	111.8)	/ 2 )
=	-1 * -16.2	/	152.95
=	10.59 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	105.8	+	88.3
=	194.1

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	60.6	+	51.2
=	111.8

IFB Agro Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -12.8	/	( (0	+	184.5)	/ 1 )
=	-1 * -12.8	/	184.5
=	6.94 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	35.7	+	148.8
=	184.5

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

IFB Agro Industries (BOM:507438) Effective Interest Rate on Debt % Explanation

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

IFB Agro Industries Effective Interest Rate on Debt % Related Terms

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

IFB Agro Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » IFB Agro Industries Ltd (BOM:507438) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

IFBAGRO:India

Address

Plot Number IND-5, Sector I, East Kolkata Township, Kolkata, WB, IND, 700 107

Website

https://www.ifbagro.in

IFB Agro Industries Ltd is engaged in the business of manufacturing alcohol, bottling branded alcoholic beverages as well as processed and packed marine foods both for domestic and export markets. The company operates in two segments: Spirit, spirituous beverages and allied products, and Marine. IFB Agro derives majority of its revenue from its Spirit, spirituous beverages and allied products segment.

IFB Agro Industries Headlines

No Headlines