ASYA Infosoft (BOM:511144) Effective Interest Rate on Debt % : 17.44% (As of Dec. 2021)

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What is ASYA Infosoft 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. ASYA Infosoft's annualized positive value of Interest Expense for the quarter that ended in Dec. 2021 was ₹8.9 Mil. ASYA Infosoft's average total debt for the quarter that ended in Dec. 2021 was ₹50.8 Mil. Therefore, ASYA Infosoft's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 was 17.44%.

ASYA Infosoft Effective Interest Rate on Debt % Historical Data

The historical data trend for ASYA Infosoft'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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ASYA Infosoft Effective Interest Rate on Debt % Chart

ASYA Infosoft Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Effective Interest Rate on Debt %

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13.97

12.83

11.54

11.25

10.69

ASYA Infosoft Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Mar17	Jun17	Mar18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															35.73	13.10	10.62	23.30	17.44

Competitive Comparison of ASYA Infosoft's Effective Interest Rate on Debt %

For the Information Technology Services subindustry, ASYA Infosoft'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.

ASYA Infosoft's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, ASYA Infosoft's Effective Interest Rate on Debt % distribution charts can be found below:

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

ASYA Infosoft Effective Interest Rate on Debt % Calculation

ASYA Infosoft's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2020 )	+	Total Debt (A: Mar. 2021 ))	/ count )
=	-1 * -10.954	/	( (91.009	+	113.961)	/ 2 )
=	-1 * -10.954	/	102.485
=	10.69 %

where

	Total Debt (A: Mar. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	48.904	+	42.105
=	91.009

	Total Debt (A: Mar. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	59.958	+	54.003
=	113.961

ASYA Infosoft's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2021 )	+	Total Debt (Q: Dec. 2021 ))	/ count )
=	-1 * -8.86	/	( (50.816	+	0)	/ 1 )
=	-1 * -8.86	/	50.816
=	17.44 %

where

	Total Debt (Q: Sep. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	50.816	+	0
=	50.816

	Total Debt (Q: Dec. 2021 )
=	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. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

ASYA Infosoft (BOM:511144) Effective Interest Rate on Debt % Explanation

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

ASYA Infosoft Effective Interest Rate on Debt % Related Terms

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ASYA Infosoft Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ASYA Infosoft Ltd (BOM:511144) » Definitions » Effective Interest Rate on Debt %

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Address

Stadium Five Roads, H. N. House, 4th Floor, Nidhi Complex, Above Stadium Underbridge, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

http://www.sayait.com

ASYA Infosoft Ltd is principally engaged in training and IT enables services. It offers strategy and technology implementation services to companies wanting to optimize or re-engineer their existing business. The firm uses N-tier architecture, web designing, and web development for image building of the company with multimedia animation. The group also offers network solutions and resource management services. The firm offers its services in Software Development, Business process outsourcing, Web Designing/Development, E-business solutions, Multimedia/Animation, Networking Solutions, and Resource Management.

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