Khaitan Chemicals & Fertilizers (BOM:507794) Effective Interest Rate on Debt % : 10.67% (As of Sep. 2024)

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What is Khaitan Chemicals & Fertilizers 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. Khaitan Chemicals & Fertilizers's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹311 Mil. Khaitan Chemicals & Fertilizers's average total debt for the quarter that ended in Sep. 2024 was ₹2,917 Mil. Therefore, Khaitan Chemicals & Fertilizers's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 10.67%.

Khaitan Chemicals & Fertilizers Effective Interest Rate on Debt % Historical Data

The historical data trend for Khaitan Chemicals & Fertilizers'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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Khaitan Chemicals & Fertilizers Effective Interest Rate on Debt % Chart

Khaitan Chemicals & Fertilizers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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10.45

11.02

9.94

8.96

10.44

Khaitan Chemicals & Fertilizers 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															9.06	9.99	6.66	9.34	10.67

Competitive Comparison of Khaitan Chemicals & Fertilizers's Effective Interest Rate on Debt %

For the Agricultural Inputs subindustry, Khaitan Chemicals & Fertilizers'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.

Khaitan Chemicals & Fertilizers's Effective Interest Rate on Debt % Distribution in the Agriculture Industry

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

* The bar in red indicates where Khaitan Chemicals & Fertilizers's Effective Interest Rate on Debt % falls into.

Khaitan Chemicals & Fertilizers Effective Interest Rate on Debt % Calculation

Khaitan Chemicals & Fertilizers'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 * -284.116	/	( (2285.326	+	3156.701)	/ 2 )
=	-1 * -284.116	/	2721.0135
=	10.44 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	298.43	+	1986.896
=	2285.326

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	219.255	+	2937.446
=	3156.701

Khaitan Chemicals & Fertilizers'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 * -311.416	/	( (0	+	2917.494)	/ 1 )
=	-1 * -311.416	/	2917.494
=	10.67 %

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
=	397.968	+	2519.526
=	2917.494

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.

Khaitan Chemicals & Fertilizers (BOM:507794) Effective Interest Rate on Debt % Explanation

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

Khaitan Chemicals & Fertilizers Effective Interest Rate on Debt % Related Terms

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Khaitan Chemicals & Fertilizers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Khaitan Chemicals & Fertilizers Ltd (BOM:507794) » Definitions » Effective Interest Rate on Debt %

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KHAICHEM:India

Address

Nipania Main Road, The B Zone, 7th Floor, Pipliya Kumar, Indore, MP, IND, 453771

Website

https://www.kcfl.co.in

Khaitan Chemicals & Fertilizers Ltd is a manufacturer of straight inorganic fertilizers. The company is mainly engaged in the manufacturing of Single Super Phosphate, Sulphuric Acid, and Soya Edible Oil. The segments of the group are Fertilizers and Chemicals, and Speciality Chemicals and others. The products of the company are sold under the brand names Khaitan and Utsav. The Fertilizer and Chemical division of the company is the main contributor to the company's turnover.

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