Jyoti Structures (BOM:513250) Effective Interest Rate on Debt % : 0.07% (As of Sep. 2023)

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What is Jyoti Structures 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. Jyoti Structures's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₹12 Mil. Jyoti Structures's average total debt for the quarter that ended in Sep. 2023 was ₹18,594 Mil. Therefore, Jyoti Structures's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.07%.

Jyoti Structures Effective Interest Rate on Debt % Historical Data

The historical data trend for Jyoti Structures'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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Jyoti Structures Effective Interest Rate on Debt % Chart

Jyoti Structures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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18.24

22.26

20.80

0.02

Jyoti Structures Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	0.01	-	0.01	0.07

Competitive Comparison of Jyoti Structures's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Jyoti Structures'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.

Jyoti Structures's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jyoti Structures's Effective Interest Rate on Debt % distribution charts can be found below:

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

Jyoti Structures Effective Interest Rate on Debt % Calculation

Jyoti Structures'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 * -3.78	/	( (15238.434	+	16761.428)	/ 2 )
=	-1 * -3.78	/	15999.931
=	0.02 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14833.2	+	405.234
=	15238.434

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16019.857	+	741.571
=	16761.428

Jyoti Structures's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -12.364	/	( (0	+	18594.379)	/ 1 )
=	-1 * -12.364	/	18594.379
=	0.07 %

where

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

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17932.254	+	662.125
=	18594.379

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Jyoti Structures (BOM:513250) Effective Interest Rate on Debt % Explanation

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

Jyoti Structures Effective Interest Rate on Debt % Related Terms

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Jyoti Structures (BOM:513250) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jyoti Structures Ltd (BOM:513250) » Definitions » Effective Interest Rate on Debt %

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JYOTISTRUC:India

Address

New Link Road, 6th Floor, Valecha Chambers, Oshiwara, Andheri (West), Mumbai, MH, IND, 400053

Website

http://www.jyotistructures.in

Jyoti Structures Ltd is an engineering, procurement and construction (EPC) contracting company. It is engaged in power transmission and distribution networks wherein it manufactures and deals in various components/equipment's and constructs infrastructure related to power transmission. The company offers solutions in the areas of Transmission Line, Substations Switchyards, Rural Electrification and Solar Power.

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