Container of India (BOM:531344) Effective Interest Rate on Debt % : 8.54% (As of Mar. 2024)

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What is Container of India 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. Container of India's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹801 Mil. Container of India's average total debt for the quarter that ended in Mar. 2024 was ₹9,387 Mil. Therefore, Container of India's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.54%.

Container of India Effective Interest Rate on Debt % Historical Data

The historical data trend for Container of India'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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Container of India Effective Interest Rate on Debt % Chart

Container of India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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7.53

7.33

8.58

8.50

8.31

Container of India 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															8.64	8.23	8.04	9.12	8.54

Competitive Comparison of Container of India's Effective Interest Rate on Debt %

For the Railroads subindustry, Container of India'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.

Container of India's Effective Interest Rate on Debt % Distribution in the Transportation Industry

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

* The bar in red indicates where Container of India's Effective Interest Rate on Debt % falls into.

Container of India Effective Interest Rate on Debt % Calculation

Container of India'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 * -711.8	/	( (7735.6	+	9387)	/ 2 )
=	-1 * -711.8	/	8561.3
=	8.31 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6585.4	+	1150.2
=	7735.6

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7703.3	+	1683.7
=	9387

Container of India'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 * -801.2	/	( (0	+	9387)	/ 1 )
=	-1 * -801.2	/	9387
=	8.54 %

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
=	7703.3	+	1683.7
=	9387

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.

Container of India (BOM:531344) Effective Interest Rate on Debt % Explanation

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

Container of India Effective Interest Rate on Debt % Related Terms

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Container of India (BOM:531344) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Container Corporation of India Ltd (BOM:531344) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

CONCOR:India

Address

CONCOR Bhawan, C-3 Mathura Road, Opposite Apollo Hospital, New Delhi, IND, 110020

Website

https://www.concorindia.com

Container Corporation of India Ltd is a logistics and transport company. The company transports and handles shipping containers, and operates logistics facilities, including dry ports and warehousing. Container Corporation of India is domiciled in India and derives the majority of revenue domestically. The firm organizes itself into two segments: EXIM and domestic. The EXIM segment, which generates the majority of revenue, includes the company's export and import operations. The domestic segment involves India to India shipping operations.

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