HBL Power Systems (BOM:517271) Effective Interest Rate on Debt % : 12.28% (As of Dec. 2023)

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What is HBL Power Systems 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. HBL Power Systems's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹131 Mil. HBL Power Systems's average total debt for the quarter that ended in Dec. 2023 was ₹1,069 Mil. Therefore, HBL Power Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 12.28%.

HBL Power Systems Effective Interest Rate on Debt % Historical Data

The historical data trend for HBL Power Systems'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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HBL Power Systems Effective Interest Rate on Debt % Chart

HBL Power Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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7.72

7.95

7.53

6.54

7.65

HBL Power Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															11.45	7.85	9.66	12.74	12.28

Competitive Comparison of HBL Power Systems's Effective Interest Rate on Debt %

For the Electrical Equipment & Parts subindustry, HBL Power Systems'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.

HBL Power Systems's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

* The bar in red indicates where HBL Power Systems's Effective Interest Rate on Debt % falls into.

HBL Power Systems Effective Interest Rate on Debt % Calculation

HBL Power Systems'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 * -56.842	/	( (626.069	+	860.209)	/ 2 )
=	-1 * -56.842	/	743.139
=	7.65 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	381.873	+	244.196
=	626.069

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	445.889	+	414.32
=	860.209

HBL Power Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -131.268	/	( (1068.703	+	0)	/ 1 )
=	-1 * -131.268	/	1068.703
=	12.28 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	534.77	+	533.933
=	1068.703

	Total Debt (Q: Dec. 2023 )
=	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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

HBL Power Systems (BOM:517271) Effective Interest Rate on Debt % Explanation

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

HBL Power Systems Effective Interest Rate on Debt % Related Terms

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HBL Power Systems (BOM:517271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HBL Power Systems Ltd (BOM:517271) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

HBLPOWER:India

Address

Road No. 10, Door No. 8-2-616, Plot No. 4, Banjara Hills, Behind Minerva Grand Hotel, Hyderabad, TG, IND, 500 034

Website

https://www.hbl.in

HBL Power Systems Ltd is engaged in the designing, developing, and manufacturing of different types of Batteries including Lead Acid, NiCad, Silver Zinc, Lithium; Railway and Defence Electronics, Solar Photovoltaic Modules, and other products. The Company operates its business under three segments namely industrial batteries, Defence & Aviation, and Electronics. The company has a presence in America, Europe, and the Middle East. It generates a vast majority of the revenues from the batteries segment within India.

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