Saptarishi Agro Industries (BOM:519238) Effective Interest Rate on Debt % : 14.68% (As of Sep. 2024)

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What is Saptarishi Agro Industries 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. Saptarishi Agro Industries's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹10.2 Mil. Saptarishi Agro Industries's average total debt for the quarter that ended in Sep. 2024 was ₹69.5 Mil. Therefore, Saptarishi Agro Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 14.68%.

Saptarishi Agro Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for Saptarishi Agro Industries'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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Saptarishi Agro Industries Effective Interest Rate on Debt % Chart

Saptarishi Agro Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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0.15

0.09

2.27

0.89

7.05

Saptarishi Agro Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.46	0.75	14.62	9.56	14.68

Competitive Comparison of Saptarishi Agro Industries's Effective Interest Rate on Debt %

For the Farm Products subindustry, Saptarishi Agro Industries'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.

Saptarishi Agro Industries's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Saptarishi Agro Industries's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Saptarishi Agro Industries's Effective Interest Rate on Debt % falls into.

Saptarishi Agro Industries Effective Interest Rate on Debt % Calculation

Saptarishi Agro Industries's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -1.939	/	( (3.185	+	51.833)	/ 2 )
=	-1 * -1.939	/	27.509
=	7.05 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.185	+	0
=	3.185

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.825	+	50.008
=	51.833

Saptarishi Agro Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -10.196	/	( (0	+	69.466)	/ 1 )
=	-1 * -10.196	/	69.466
=	14.68 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.495	+	67.971
=	69.466

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Saptarishi Agro Industries (BOM:519238) Effective Interest Rate on Debt % Explanation

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

Saptarishi Agro Industries Effective Interest Rate on Debt % Related Terms

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Saptarishi Agro Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Saptarishi Agro Industries Ltd (BOM:519238) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Thaltej – Shilaj Road, No. 902/903, 9th Floor, Times Square Arcade, Near Ravija Plaza, Thaltej, Ahmedabad, GJ, IND, 380059

Website

https://www.saptarishiagro.com

Saptarishi Agro Industries Ltd is engaged in the manufacturing of mushrooms and other allied agro-based products. It develops a business value chain with an end-to-end solution and platform for Mushroom and Exotic Horticulture Produce, for Cultivation, Packaging, Processing and Supply Chain Management. Its product offerings comprise Button Mushroom, Shiitake Mushroom, Milky Mushroom, Oyster Mushroom, Cherry Tomato, Broccoli, Red Cabbage, Sweet Pepper, Leek, and others.

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