Photon Capital Advisors (BOM:509084) Effective Interest Rate on Debt % : 38.27% (As of Mar. 2024)

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What is Photon Capital Advisors 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. Photon Capital Advisors's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹0.21 Mil. Photon Capital Advisors's average total debt for the quarter that ended in Mar. 2024 was ₹0.55 Mil. Therefore, Photon Capital Advisors's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 38.27%.

Photon Capital Advisors Effective Interest Rate on Debt % Historical Data

The historical data trend for Photon Capital Advisors'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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Photon Capital Advisors Effective Interest Rate on Debt % Chart

Photon Capital Advisors Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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10.11

Photon Capital Advisors 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															-	-	-	-	38.27

Competitive Comparison of Photon Capital Advisors's Effective Interest Rate on Debt %

For the Asset Management subindustry, Photon Capital Advisors'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.

Photon Capital Advisors's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Photon Capital Advisors's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Photon Capital Advisors's Effective Interest Rate on Debt % falls into.

Photon Capital Advisors Effective Interest Rate on Debt % Calculation

Photon Capital Advisors'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 * -0.056	/	( (0	+	0.554)	/ 1 )
=	-1 * -0.056	/	0.554
=	10.11 %

where

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

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.293	+	0.261
=	0.554

Photon Capital Advisors'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 * -0.212	/	( (0	+	0.554)	/ 1 )
=	-1 * -0.212	/	0.554
=	38.27 %

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
=	0.293	+	0.261
=	0.554

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.

Photon Capital Advisors (BOM:509084) Effective Interest Rate on Debt % Explanation

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

Photon Capital Advisors Effective Interest Rate on Debt % Related Terms

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Photon Capital Advisors (BOM:509084) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Photon Capital Advisors Ltd (BOM:509084) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Road No. 9, Jubilee Hills, Plot No. 90-A, Hyderabad, TG, IND, 500 033

Website

https://www.pcalindia.com

Photon Capital Advisors Ltd is an adviser to hedge funds, family offices, high net worth individuals and investment partnerships that invest in India. It aims to generate superior returns by guiding investments across asset classes including equities, equity derivatives, index derivatives, debt, commodities, and real estate. The company also manage proprietary funds which are presently closed to external investors. The company generates maximum revenue from the sale of Investments.

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