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Vippy Spinpro (BOM:514302) Effective Interest Rate on Debt % : -14.07% (As of Mar. 2025)


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What is Vippy Spinpro 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. Vippy Spinpro's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹-46 Mil. Vippy Spinpro's average total debt for the quarter that ended in Mar. 2025 was ₹330 Mil. Therefore, Vippy Spinpro's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was -14.07%.


Vippy Spinpro Effective Interest Rate on Debt % Historical Data

The historical data trend for Vippy Spinpro'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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Vippy Spinpro Effective Interest Rate on Debt % Chart

Vippy Spinpro 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 5.36 2.48 2.01 5.94 2.85

Vippy Spinpro 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 6.35 7.42 4.84 5.67 -14.07

Competitive Comparison of Vippy Spinpro's Effective Interest Rate on Debt %

For the Textile Manufacturing subindustry, Vippy Spinpro'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.


Vippy Spinpro's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vippy Spinpro's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Vippy Spinpro Effective Interest Rate on Debt % Calculation

Vippy Spinpro'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  *  -13.561/( (620.694+330.131)/ 2 )
=-1  *  -13.561/475.4125
=2.85 %

where

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=281 + 339.694
=620.694

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=200.223 + 129.908
=330.131

Vippy Spinpro'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  *  46.448/( (0+330.131)/ 1 )
=-1  *  46.448/330.131
=-14.07 %

where

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=200.223 + 129.908
=330.131

* 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.


Vippy Spinpro  (BOM:514302) Effective Interest Rate on Debt % Explanation

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


Vippy Spinpro Effective Interest Rate on Debt % Related Terms

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Vippy Spinpro Business Description

Traded in Other Exchanges
N/A
Address
570, M.G. Road, 414, City Centre, Indore, MP, IND, 452001
Vippy Spinpro Ltd is engaged in the manufacturing of cotton yarn. The company specializes in slub yarns, fancy yarns, multi-count yarns, and multi twist yarns, waxed yarn plied yarn, and others. Its products are used in applications such as terry towels, bottom-weight, home furnishing, Bed linen, knitting, surgical cloth, artistic canvas, industrial fabric, sheeting, and Home textiles. It is also engaged in the generation of power through Wind Mill and Solar Panels for captive consumption.

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