Sturdy Industries (BOM:530611) Effective Interest Rate on Debt %: % (As of Jun. 2024)

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BOM:530611 Sturdy Industries Ltd BOM:530611
4 GF Score
Price ₹0.23
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What is Sturdy Industries Effective Interest Rate on Debt %?

Sturdy Industries BOM:530611 4 Effective Interest Rate on Debt % is % as of Jun. 2024. GuruFocus rates BOM:530611 with a GF Score™ of 4/100.

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. Sturdy Industries's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was ₹0.00 Mil. Sturdy Industries's average total debt for the quarter that ended in Jun. 2024 was ₹1,764.20 Mil. Therefore, Sturdy Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 0.00%.


Sturdy Industries  (BOM:530611) Effective Interest Rate on Debt % Explanation

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


Sturdy Industries Effective Interest Rate on Debt % Related Terms


Sturdy Industries Effective Interest Rate on Debt % Historical Data

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The historical data trend for Sturdy 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.

Sturdy Industries Effective Interest Rate on Debt % Chart

Sturdy Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.01 7.48 0.12 0.00 -

Sturdy Industries Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 - 0.02 0.02 -

BOM:530611 vs AA: Effective Interest Rate on Debt % Comparison

For the Aluminum subindustry, Sturdy 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.


Sturdy Industries Effective Interest Rate on Debt % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sturdy Industries's Effective Interest Rate on Debt % distribution charts can be found below:

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


BOM:530611
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Sturdy Industries Ltd BOM:530611
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sturdy Industries Effective Interest Rate on Debt % Calculation

Sturdy 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  *  0/( (1846.055+1764.2)/ 2 )
=-1  *  0/1805.1275
=0.00 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1846.055
=1846.055

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1764.2
=1764.2

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  0/( (1764.2+)/ 1 )
=-1  *  0/1764.2
=0.00 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1764.2
=1764.2

* 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.

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

What does a Effective Interest Rate on Debt % of % mean?
Sturdy Industries (BOM:530611) has a Effective Interest Rate on Debt % of % as of Jun. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Sturdy Industries and its competitors.
Is Sturdy Industries' Effective Interest Rate on Debt % too high?
Sturdy Industries' current Effective Interest Rate on Debt % is %. Overall, Sturdy Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Sturdy Industries' Effective Interest Rate on Debt % compare to AA?
Sturdy Industries' Effective Interest Rate on Debt % of % can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Metals & Mining company?
A good Effective Interest Rate on Debt % depends on the Metals & Mining industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Sturdy Industries and its competitors. Sturdy Industries's current Effective Interest Rate on Debt % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sturdy Industries stock overvalued right now?
Sturdy Industries (BOM:530611) has a current Effective Interest Rate on Debt % of %. The current Effective Interest Rate on Debt % is %. Sturdy Industries' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Sturdy Industries (BOM:530611), the current Effective Interest Rate on Debt % is % as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sturdy Industries Business Description

Address Plot Number 45, Sector 1, Solan, Parwanoo, HP, IND, 173220
Sturdy Industries Ltd is an India based company engaged in the manufacture and trade of aluminum panels and pipe fittings. The company's operating segment includes Plastic Pipes and Fitting; Aluminum; and Trading. It generates maximum revenue from the Aluminum segment. The company's product categories include Aluminium Panel; Sprinkler Irrigation; Drip Irrigation; Wire Rods; Bare Aluminium Electrical Conductors; and Aerial Bunched Cables.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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