Hinduja Global Solutions (BOM:532859) Effective Interest Rate on Debt % : 11.49% (As of Sep. 2024)

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What is Hinduja Global Solutions 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. Hinduja Global Solutions's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹2,494 Mil. Hinduja Global Solutions's average total debt for the quarter that ended in Sep. 2024 was ₹21,717 Mil. Therefore, Hinduja Global Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 11.49%.

Hinduja Global Solutions Effective Interest Rate on Debt % Historical Data

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

Hinduja Global Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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8.56

2.42

11.58

11.33

8.39

Hinduja Global Solutions Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															10.93	11.60	-0.50	10.71	11.49

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

For the Specialty Business Services subindustry, Hinduja Global Solutions'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.

Hinduja Global Solutions's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hinduja Global Solutions's Effective Interest Rate on Debt % distribution charts can be found below:

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

Hinduja Global Solutions Effective Interest Rate on Debt % Calculation

Hinduja Global Solutions'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 * -1303.092	/	( (9980.799	+	21066.625)	/ 2 )
=	-1 * -1303.092	/	15523.712
=	8.39 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5239.299	+	4741.5
=	9980.799

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5975.765	+	15090.86
=	21066.625

Hinduja Global Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -2494.4	/	( (0	+	21717.3)	/ 1 )
=	-1 * -2494.4	/	21717.3
=	11.49 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5794.5	+	15922.8
=	21717.3

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 (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Hinduja Global Solutions (BOM:532859) Effective Interest Rate on Debt % Explanation

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

Hinduja Global Solutions Effective Interest Rate on Debt % Related Terms

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Hinduja Global Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hinduja Global Solutions Ltd (BOM:532859) » Definitions » Effective Interest Rate on Debt %

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HGS:India

Address

No. 690, Hosur Road, 1st Floor, Gold Hill Square Software Park, Bommanahalli, Bengaluru, KA, IND, 560 068

Website

https://www.hgs.cx

Hinduja Global Solutions Ltd is an Indian-based company, engaged in business process management services. The company offers outsourcing solutions, including back office processing, contact center, customized IT services; and voice and non-voice-related customer contact and business process outsourcing services. It also provides marketing and digital enablement services, including customer experience management, digital enablement, social media engagement, and digital marketing services, as well as consumer interaction services.

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