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Dhruva Capital Services (BOM:531237) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2024)


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What is Dhruva Capital Services 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. Dhruva Capital Services's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹0.00 Mil. Dhruva Capital Services's average total debt for the quarter that ended in Sep. 2024 was ₹12.14 Mil. Therefore, Dhruva Capital Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.00%.


Dhruva Capital Services Effective Interest Rate on Debt % Historical Data

The historical data trend for Dhruva Capital Services'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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Dhruva Capital Services Effective Interest Rate on Debt % Chart

Dhruva Capital Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
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Dhruva Capital Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Dhruva Capital Services's Effective Interest Rate on Debt %

For the Credit Services subindustry, Dhruva Capital Services'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.


Dhruva Capital Services's Effective Interest Rate on Debt % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Dhruva Capital Services's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Dhruva Capital Services's Effective Interest Rate on Debt % falls into.



Dhruva Capital Services Effective Interest Rate on Debt % Calculation

Dhruva Capital Services'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/( (0.319+0)/ 1 )
=-1  *  0/0.319
=0.00 %

where

Dhruva Capital Services'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  *  0/( (0+12.14)/ 1 )
=-1  *  0/12.14
=0.00 %

where

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


Dhruva Capital Services  (BOM:531237) Effective Interest Rate on Debt % Explanation

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


Dhruva Capital Services Effective Interest Rate on Debt % Related Terms

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Dhruva Capital Services Business Description

Traded in Other Exchanges
N/A
Address
First Floor, 60-D, Panchwati, Udaipur, RJ, IND, 313001
Dhruva Capital Services Ltd is an Indian non-banking financial company. It operates in the financial services segment which includes hire purchase, lease, interest on ICD (inter-corporate deposit), loans, and advances. The company provides both business as well as personal loan. It generates maximum revenue in the form of interest on loans.

Dhruva Capital Services Headlines

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