Thakral Services (India) (BOM:509015) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)

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What is Thakral Services (India) 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. Thakral Services (India)'s annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Thakral Services (India)'s average total debt for the quarter that ended in Dec. 2023 was ₹157.9 Mil. Therefore, Thakral Services (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.

Thakral Services (India) Effective Interest Rate on Debt % Historical Data

The historical data trend for Thakral Services (India)'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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Thakral Services (India) Effective Interest Rate on Debt % Chart

Thakral Services (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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6.21

6.96

5.59

0.04

1.27

Thakral Services (India) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	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															-	4.60	0.98	0.90	-

Competitive Comparison of Thakral Services (India)'s Effective Interest Rate on Debt %

For the Security & Protection Services subindustry, Thakral Services (India)'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.

Thakral Services (India)'s Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Thakral Services (India)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Thakral Services (India)'s Effective Interest Rate on Debt % falls into.

Thakral Services (India) Effective Interest Rate on Debt % Calculation

Thakral Services (India)'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 * -1.626	/	( (114.889	+	141.433)	/ 2 )
=	-1 * -1.626	/	128.161
=	1.27 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	109.535	+	5.354
=	114.889

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	134.403	+	7.03
=	141.433

Thakral Services (India)'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 * 0	/	( (157.932	+	0)	/ 1 )
=	-1 * 0	/	157.932
=	0.00 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	151.623	+	6.309
=	157.932

	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.

Thakral Services (India) (BOM:509015) Effective Interest Rate on Debt % Explanation

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

Thakral Services (India) Effective Interest Rate on Debt % Related Terms

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Thakral Services (India) (BOM:509015) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Thakral Services (India) Ltd (BOM:509015) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Outer Ring Road, Near Courtyard Marriot Hotel, 1st Floor, Shree Rajarajeshwari Arcade, No. 23/50/1A/514/2/1-1, Opposite Lumbini Garden, Veerannapalya Flyover, Bengaluru, KA, IND, 560045

Website

https://www.thakral-india.co.in

Thakral Services (India) Ltd is an electronic security solutions company. Its operating segment is the Trading of CCTV. The company's product includes Surveillance Systems, Solar Energy Systems, Building Management Systems, Fire and Intrusion Alarm Systems, Access Control Systems, and Related Accessories. It generates maximum revenue from India.

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