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. Sobha's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹2,362 Mil. Sobha's average total debt for the quarter that ended in Mar. 2024 was ₹19,397 Mil. Therefore, Sobha's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 12.18%.
Sobha Effective Interest Rate on Debt % Historical Data
The historical data trend for Sobha'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.
Competitive Comparison of Sobha's Effective Interest Rate on Debt %
For the Real Estate - Development subindustry, Sobha'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.
Sobha's Effective Interest Rate on Debt % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Sobha's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Sobha's Effective Interest Rate on Debt % falls into.
Sobha Effective Interest Rate on Debt % Calculation
Sobha's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as
* 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 (Mar. 2024) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Sobha (BOM:532784) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Sobha Effective Interest Rate on Debt % Related Terms
Thank you for viewing the detailed overview of Sobha's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sobha Ltd is engaged in the real estate business. The company is engaged in the development and construction of the properties. The company is operating in two segments: The Real estate segment and the Contractual and manufacturing segment. The real Estate segment (RE) is into the development, sale, management, and operation of all or any part of townships, and housing projects also include leasing of self-owned commercial premises. The contractual and manufacturing Segment (CM) is into the development of commercial premises and other related activities, also including manufacturing activities related to interiors, glazing and metal works and concrete products. It generates its revenue from the Real Estate segment.
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