Zydus Wellness (BOM:531335) Effective Interest Rate on Debt % : 7.16% (As of Dec. 2023)

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What is Zydus Wellness 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. Zydus Wellness's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹252 Mil. Zydus Wellness's average total debt for the quarter that ended in Dec. 2023 was ₹3,520 Mil. Therefore, Zydus Wellness's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.16%.

Zydus Wellness Effective Interest Rate on Debt % Historical Data

The historical data trend for Zydus Wellness'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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Zydus Wellness Effective Interest Rate on Debt % Chart

Zydus Wellness Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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3.75

9.02

8.06

5.36

4.61

Zydus Wellness Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.04	6.55	6.86	7.39	7.16

Competitive Comparison of Zydus Wellness's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Zydus Wellness'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.

Zydus Wellness's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zydus Wellness's Effective Interest Rate on Debt % distribution charts can be found below:

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

Zydus Wellness Effective Interest Rate on Debt % Calculation

Zydus Wellness's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -157.7	/	( (3873.4	+	2972.1)	/ 2 )
=	-1 * -157.7	/	3422.75
=	4.61 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	672.1	+	3201.3
=	3873.4

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	34.6	+	2937.5
=	2972.1

Zydus Wellness's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -252	/	( (3520	+	0)	/ 1 )
=	-1 * -252	/	3520
=	7.16 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	27	+	3493
=	3520

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

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Zydus Wellness (BOM:531335) Effective Interest Rate on Debt % Explanation

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

Zydus Wellness Effective Interest Rate on Debt % Related Terms

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Zydus Wellness (BOM:531335) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zydus Wellness Ltd (BOM:531335) » Definitions » Effective Interest Rate on Debt %

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ZYDUSWELL:India

Address

Sarkhej - Gandhinagar Highway , Scheme No. 63, Survey No. 536, Zydus Corporate Park, Khoraj (Gandhinagar), Near Vaishnodevi Circle, Ahmedabad, GJ, IND, 382481

Website

https://www.zyduswellness.com

Zydus Wellness Ltd is engaged in the production and distribution of health and wellness products. It has several brands, including Everyuth, Sugar-Free, and Nutralite. The company offers specialty skincare products under the brand Everyuth Naturals. Zydus's sugar-free product portfolio, a sugar substitute category, consists of Sugar-Free gold for tabletop usage and Sugar-Free Natura for culinary usage. The firm also offers healthy foods, including Nutralite, a healthy butter substitute.

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