TGV Sraac (BOM:507753) Effective Interest Rate on Debt % : 9.22% (As of Mar. 2024)

View and export this data going back to 1987. Start your Free Trial

What is TGV Sraac 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. TGV Sraac's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹294 Mil. TGV Sraac's average total debt for the quarter that ended in Mar. 2024 was ₹3,194 Mil. Therefore, TGV Sraac's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 9.22%.

TGV Sraac Effective Interest Rate on Debt % Historical Data

The historical data trend for TGV Sraac'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.

TGV Sraac Effective Interest Rate on Debt % Chart

TGV Sraac Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

9.88

7.47

5.85

7.96

8.58

TGV Sraac 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															15.32	8.66	8.99	10.01	9.22

Competitive Comparison of TGV Sraac's Effective Interest Rate on Debt %

For the Chemicals subindustry, TGV Sraac'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.

TGV Sraac's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, TGV Sraac's Effective Interest Rate on Debt % distribution charts can be found below:

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

TGV Sraac Effective Interest Rate on Debt % Calculation

TGV Sraac'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 * -236.9	/	( (2328.64	+	3193.6)	/ 2 )
=	-1 * -236.9	/	2761.12
=	8.58 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	857.635	+	1471.005
=	2328.64

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	938.7	+	2254.9
=	3193.6

TGV Sraac'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 * -294.4	/	( (0	+	3193.6)	/ 1 )
=	-1 * -294.4	/	3193.6
=	9.22 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	938.7	+	2254.9
=	3193.6

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.

TGV Sraac (BOM:507753) Effective Interest Rate on Debt % Explanation

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

TGV Sraac Effective Interest Rate on Debt % Related Terms

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

TGV Sraac (BOM:507753) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » TGV Sraac Ltd (BOM:507753) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

40-304, Krishna Jyothsna Complex, 2nd Floor, Bhagya Nagar, Kurnool, AP, IND, 518 004

Website

http://www.tgvgroup.com

TGV Sraac Ltd operates in the chemical business. The company has two segments namely Chemicals, Oils and Fats. The Chemical segment includes Caustic Soda Lye/ Flakes, Chlorine, Hydrochloric Acid, Potassium Hydroxide Lye/ Flakes and chloromethanes. Whereas Oils and Fats segment products consist of Hydrogenated Castor Oil, 12-Hydroxy Stearic Acid, Stearic Acid and Soap Noodles. It generates maximum revenue from the Chemicals segment.

TGV Sraac (BOM:507753) Headlines

No Headlines