Sanco Trans (BOM:523116) Effective Interest Rate on Debt % : 11.32% (As of Mar. 2024)

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What is Sanco Trans 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. Sanco Trans's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹14.2 Mil. Sanco Trans's average total debt for the quarter that ended in Mar. 2024 was ₹125.5 Mil. Therefore, Sanco Trans's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 11.32%.

Sanco Trans Effective Interest Rate on Debt % Historical Data

The historical data trend for Sanco Trans'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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Sanco Trans Effective Interest Rate on Debt % Chart

Sanco Trans Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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10.84

9.23

8.93

11.30

10.12

Sanco Trans 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															17.93	10.36	9.71	10.09	11.32

Competitive Comparison of Sanco Trans's Effective Interest Rate on Debt %

For the Integrated Freight & Logistics subindustry, Sanco Trans'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.

Sanco Trans's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sanco Trans's Effective Interest Rate on Debt % distribution charts can be found below:

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

Sanco Trans Effective Interest Rate on Debt % Calculation

Sanco Trans'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 * -10.459	/	( (81.124	+	125.482)	/ 2 )
=	-1 * -10.459	/	103.303
=	10.12 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	40.005	+	41.119
=	81.124

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	47.212	+	78.27
=	125.482

Sanco Trans'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 * -14.208	/	( (0	+	125.482)	/ 1 )
=	-1 * -14.208	/	125.482
=	11.32 %

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
=	47.212	+	78.27
=	125.482

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.

Sanco Trans (BOM:523116) Effective Interest Rate on Debt % Explanation

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

Sanco Trans Effective Interest Rate on Debt % Related Terms

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Sanco Trans (BOM:523116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sanco Trans Ltd (BOM:523116) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Second Line Beach Road, S.T. Tower, New Number 24 & 25, II Floor, Chennai, TN, IND, 600001

Website

https://www.sancotrans.com

Sanco Trans Ltd is engaged in the logistics business in India. The company provides logistics services across multimodal transport operators and container freight station operations, air cargo services for perishable and dangerous goods, transport, and heavy equipment for the handling of materials. It also provides stevedoring, warehousing, and distribution services; container terminal maintenance and repair services; customs clearance and port formalities; and multimodal transport operation and freight forwarding services. The business derives revenue from the provision of Equipment and fleet hire, Warehouse, Handling and Agency, and other services, of which substantial income accrues from handling services.

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