Cosmo Ferrites (BOM:523100) Effective Interest Rate on Debt % : 10.62% (As of Mar. 2024)

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What is Cosmo Ferrites 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. Cosmo Ferrites's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹72.4 Mil. Cosmo Ferrites's average total debt for the quarter that ended in Mar. 2024 was ₹681.7 Mil. Therefore, Cosmo Ferrites's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 10.62%.

Cosmo Ferrites Effective Interest Rate on Debt % Historical Data

The historical data trend for Cosmo Ferrites'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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Cosmo Ferrites Effective Interest Rate on Debt % Chart

Cosmo Ferrites Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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9.50

7.29

7.76

9.41

10.88

Cosmo Ferrites Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															8.09	10.79	10.98	10.92	10.62

Competitive Comparison of Cosmo Ferrites's Effective Interest Rate on Debt %

For the Electronic Components subindustry, Cosmo Ferrites'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.

Cosmo Ferrites's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cosmo Ferrites's Effective Interest Rate on Debt % distribution charts can be found below:

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

Cosmo Ferrites Effective Interest Rate on Debt % Calculation

Cosmo Ferrites'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 * -75.8	/	( (712.047	+	681.7)	/ 2 )
=	-1 * -75.8	/	696.8735
=	10.88 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	253.844	+	458.203
=	712.047

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	198.1	+	483.6
=	681.7

Cosmo Ferrites's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -72.4	/	( (0	+	681.7)	/ 1 )
=	-1 * -72.4	/	681.7
=	10.62 %

where

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

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	198.1	+	483.6
=	681.7

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

Cosmo Ferrites (BOM:523100) Effective Interest Rate on Debt % Explanation

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

Cosmo Ferrites Effective Interest Rate on Debt % Related Terms

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Cosmo Ferrites (BOM:523100) Business Description

Industry

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Address

Jasola New District Centre, 517, 5th Floor, DLF Tower-A, Jasola, New Delhi, IND, 110025

Website

https://www.cosmoferrites.com

Cosmo Ferrites Ltd is an Indian based company operating as a manufacturer and exporter of Soft Ferrites Core. The company provides Ferrite components and Pre-calcined ferrite powder, which are used in various applications such as inverter transformers, energy meters, mobile chargers, transformer manufacturers' current transformers, pulse transformers, line filters, choke, noise suppressors, and others. A majority of revenue is generated from the sales of Soft Ferrites Components.

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