Baron Infotech (BOM:532336) Effective Interest Rate on Debt % : 30.22% (As of Mar. 2024)

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What is Baron Infotech 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. Baron Infotech's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹3.32 Mil. Baron Infotech's average total debt for the quarter that ended in Mar. 2024 was ₹11.00 Mil. Therefore, Baron Infotech's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 30.22%.

Baron Infotech Effective Interest Rate on Debt % Historical Data

The historical data trend for Baron Infotech'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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Baron Infotech Effective Interest Rate on Debt % Chart

Baron Infotech Annual Data

Trend

Jun14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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9.32

9.52

Baron Infotech 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															21.21	8.97	-	-	30.22

Competitive Comparison of Baron Infotech's Effective Interest Rate on Debt %

For the Software - Application subindustry, Baron Infotech'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.

Baron Infotech's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Baron Infotech's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Baron Infotech Effective Interest Rate on Debt % Calculation

Baron Infotech'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 * -1.105	/	( (12.212	+	11)	/ 2 )
=	-1 * -1.105	/	11.606
=	9.52 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	12.212
=	12.212

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	11
=	11

Baron Infotech'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 * -3.324	/	( (0	+	11)	/ 1 )
=	-1 * -3.324	/	11
=	30.22 %

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
=	0	+	11
=	11

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.

Baron Infotech (BOM:532336) Effective Interest Rate on Debt % Explanation

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

Baron Infotech Effective Interest Rate on Debt % Related Terms

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Baron Infotech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Baron Infotech Ltd (BOM:532336) » Definitions » Effective Interest Rate on Debt %

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Address

Flat Number 504, Survey Number 131 to 141, Kompally, Rangareddi, Secunderabad, TG, IND, 500014

Website

https://www.baroninfotech.com

Baron Infotech Ltd is engaged in providing information technology and process solutions for various industries. The company is engaged in carrying the business of developing, maintaining, supporting, producing, selling, distributing, importing, exporting, or otherwise dealing in Computer software and hardware. The operating segment of the company is Developing Software Products.

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