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Benares Hotels (BOM:509438) Effective Interest Rate on Debt % : 9.85% (As of Mar. 2025)


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What is Benares Hotels 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. Benares Hotels's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹4 Mil. Benares Hotels's average total debt for the quarter that ended in Mar. 2025 was ₹38 Mil. Therefore, Benares Hotels's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 9.85%.


Benares Hotels Effective Interest Rate on Debt % Historical Data

The historical data trend for Benares Hotels'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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Benares Hotels Effective Interest Rate on Debt % Chart

Benares Hotels Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.04 10.20 10.01 10.04 10.01

Benares Hotels Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.96 10.01 10.08 10.12 9.85

Competitive Comparison of Benares Hotels's Effective Interest Rate on Debt %

For the Lodging subindustry, Benares Hotels'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.


Benares Hotels's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Benares Hotels's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Benares Hotels Effective Interest Rate on Debt % Calculation

Benares Hotels's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2024 )+Total Debt  (A: Mar. 2025 ))/ count )
=-1  *  -3.816/( (37.769+38.441)/ 2 )
=-1  *  -3.816/38.105
=10.01 %

where

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=37.769 + 0
=37.769

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=38.441 + 0
=38.441

Benares Hotels's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -3.788/( (0+38.441)/ 1 )
=-1  *  -3.788/38.441
=9.85 %

where

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=38.441 + 0
=38.441

* 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.

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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Benares Hotels  (BOM:509438) Effective Interest Rate on Debt % Explanation

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


Benares Hotels Effective Interest Rate on Debt % Related Terms

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Benares Hotels Business Description

Traded in Other Exchanges
N/A
Address
Sardar Patel Marg, Taj Palace Hotel, New Delhi, IND, 110021
Benares Hotels Ltd operates hotels. The company operates hotels including Taj Ganges Hotel and Taj Nadesar Palace in Varanasi. Taj Nadesar Palace Palace in Varanasi and The Gateway Hotel, Gondia in Maharashtra. The company has only business being of Hoteliering.

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