Supertex Industries (BOM:526133) Effective Interest Rate on Debt % : 14.08% (As of Sep. 2024)

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What is Supertex 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. Supertex Industries's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹25.2 Mil. Supertex Industries's average total debt for the quarter that ended in Sep. 2024 was ₹179.0 Mil. Therefore, Supertex Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 14.08%.

Supertex Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for Supertex 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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Supertex Industries Effective Interest Rate on Debt % Chart

Supertex Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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11.95

10.89

12.78

13.80

13.13

Supertex 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															14.76	15.35	14.29	10.97	14.08

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

For the Textile Manufacturing subindustry, Supertex 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.

Supertex Industries's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Supertex Industries's Effective Interest Rate on Debt % distribution charts can be found below:

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

Supertex Industries Effective Interest Rate on Debt % Calculation

Supertex 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 * -31.437	/	( (245.626	+	233.293)	/ 2 )
=	-1 * -31.437	/	239.4595
=	13.13 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	64.019	+	181.607
=	245.626

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	37.954	+	195.339
=	233.293

Supertex 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 * -25.2	/	( (0	+	179)	/ 1 )
=	-1 * -25.2	/	179
=	14.08 %

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
=	0	+	179
=	179

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.

Supertex Industries (BOM:526133) Effective Interest Rate on Debt % Explanation

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

Supertex Industries Effective Interest Rate on Debt % Related Terms

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Supertex Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Supertex Industries Ltd (BOM:526133) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

45/49, Babu Genu Road, Princess Street, Balkrishna Krupa, 2nd Floor, Mumbai, MH, IND, 400002

Website

http://www.supertex.in

Supertex Industries Ltd engages in manufacturing draw warped and sized yarn beams of polyester and nylon. The company manufactures textured and twisted yarns of polyester and nylon for exports and trades in textile fabrics. Its product portfolio includes Polyester texturised and Nylon crimp yarn. The company also manufactures sized beams for weaving. It has developed products such as bi-shrinkage beams, Lycra beams, and nylon beams, among others. The company also exports its products. It derives a majority of its revenue from the domestic market.

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