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Karuturi Global (BOM:531687) Effective Interest Rate on Debt % : 6.80% (As of Dec. 2018)


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What is Karuturi Global 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. Karuturi Global's annualized positive value of Interest Expense for the quarter that ended in Dec. 2018 was ₹26 Mil. Karuturi Global's average total debt for the quarter that ended in Dec. 2018 was ₹377 Mil. Therefore, Karuturi Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2018 was 6.80%.


Karuturi Global Effective Interest Rate on Debt % Historical Data

The historical data trend for Karuturi Global'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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Karuturi Global Effective Interest Rate on Debt % Chart

Karuturi Global Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.46 4.06 5.05 1.22 1.07

Karuturi Global Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 4.48 -0.03 1.02 7.67 6.80

Competitive Comparison of Karuturi Global's Effective Interest Rate on Debt %

For the Farm Products subindustry, Karuturi Global'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.


Karuturi Global's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

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



Karuturi Global Effective Interest Rate on Debt % Calculation

Karuturi Global's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2017 )+Total Debt  (A: Mar. 2018 ))/ count )
=-1  *  -47.759/( (4444.607+4452.216)/ 2 )
=-1  *  -47.759/4448.4115
=1.07 %

where

Total Debt  (A: Mar. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=569.011 + 3875.596
=4444.607

Total Debt  (A: Mar. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=123.688 + 4328.528
=4452.216

Karuturi Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2018 )+Total Debt  (Q: Dec. 2018 ))/ count )
=-1  *  -25.648/( (377.323+0)/ 1 )
=-1  *  -25.648/377.323
=6.80 %

where

Total Debt  (Q: Sep. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=182.363 + 194.96
=377.323

* 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 (Dec. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Karuturi Global  (BOM:531687) Effective Interest Rate on Debt % Explanation

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


Karuturi Global Effective Interest Rate on Debt % Related Terms

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Karuturi Global (BOM:531687) Business Description

Traded in Other Exchanges
N/A
Address
11, Crescent Road, Number 204, Embassy Center, Bangalore, KA, IND, 560001
Karuturi Global Ltd is engaged in the manufacturing of flowers, plant and plant materials. The company is a producer and exporter of cut roses and has its operations in India, Ethiopia, Dubai, and Kenya. It is involved in the business of Floriculture, Agriculture, Food processing and Information technology (IT). The Floriculture products consist of cut flowers, pot plants, seeds bulbs, rooted cuttings and dried flowers. Its Agriculture business produces cereal crops like maize, corn, sugarcane, and oilseeds. The Food processing business specializes in gherkin processing such as bay valley foods, mount olive, vlassic, heinz, and lidl. The IT business offers customized e-commerce solutions to companies dealing with perishable goods and commodities, paper industries, and government agencies.

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