Shreyas Shipping & Logistics (BOM:520151) Effective Interest Rate on Debt % : 8.41% (As of Dec. 2023)

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What is Shreyas Shipping & Logistics 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. Shreyas Shipping & Logistics's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹374 Mil. Shreyas Shipping & Logistics's average total debt for the quarter that ended in Dec. 2023 was ₹4,444 Mil. Therefore, Shreyas Shipping & Logistics's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.41%.

Shreyas Shipping & Logistics Effective Interest Rate on Debt % Historical Data

The historical data trend for Shreyas Shipping & Logistics'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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Shreyas Shipping & Logistics Effective Interest Rate on Debt % Chart

Shreyas Shipping & Logistics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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6.19

5.86

6.35

5.13

4.40

Shreyas Shipping & Logistics 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															7.32	2.54	7.61	8.56	8.41

Competitive Comparison of Shreyas Shipping & Logistics's Effective Interest Rate on Debt %

For the Marine Shipping subindustry, Shreyas Shipping & Logistics'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.

Shreyas Shipping & Logistics's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shreyas Shipping & Logistics's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shreyas Shipping & Logistics's Effective Interest Rate on Debt % falls into.

Shreyas Shipping & Logistics Effective Interest Rate on Debt % Calculation

Shreyas Shipping & Logistics'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 * -161.3	/	( (2353	+	4985)	/ 2 )
=	-1 * -161.3	/	3669
=	4.40 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1773.7	+	579.3
=	2353

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3919.4	+	1065.6
=	4985

Shreyas Shipping & Logistics'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 * -373.6	/	( (4443.9	+	0)	/ 1 )
=	-1 * -373.6	/	4443.9
=	8.41 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3483.1	+	960.8
=	4443.9

	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.

Shreyas Shipping & Logistics (BOM:520151) Effective Interest Rate on Debt % Explanation

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

Shreyas Shipping & Logistics Effective Interest Rate on Debt % Related Terms

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Shreyas Shipping & Logistics (BOM:520151) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shreyas Shipping & Logistics Ltd (BOM:520151) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

SHREYAS:India

Address

Plot No. R1, Sector - 40, D 301-305, Level 3, Tower II, Seawoods Grand Central, Nerul Node, Navi Mumbai, MH, IND, 400706

Website

https://www.transworld.com

Shreyas Shipping & Logistics Ltd is an India-based company, engaged in the provision of shipping and logistics services. It is also engaged in freight forwarding services including air import/export, sea import/export, and customs house agent. The company generates a vast majority of its revenue within India. Its only operating segment is Shipping.

Shreyas Shipping & Logistics (BOM:520151) Headlines

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