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Adarsh Mercantile (BOM:538563) Effective Interest Rate on Debt % : 6.87% (As of Dec. 2023)


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What is Adarsh Mercantile 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. Adarsh Mercantile's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹2.51 Mil. Adarsh Mercantile's average total debt for the quarter that ended in Dec. 2023 was ₹36.53 Mil. Therefore, Adarsh Mercantile's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.87%.


Adarsh Mercantile Effective Interest Rate on Debt % Historical Data

The historical data trend for Adarsh Mercantile'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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Adarsh Mercantile Effective Interest Rate on Debt % Chart

Adarsh Mercantile Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.62 6.00 6.79 6.38 6.48

Adarsh Mercantile Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.55 6.41 6.48 6.55 6.87

Competitive Comparison of Adarsh Mercantile's Effective Interest Rate on Debt %

For the Textile Manufacturing subindustry, Adarsh Mercantile'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.


Adarsh Mercantile's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Adarsh Mercantile's Effective Interest Rate on Debt % distribution charts can be found below:

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



Adarsh Mercantile Effective Interest Rate on Debt % Calculation

Adarsh Mercantile's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -2.373/( (36.725+36.525)/ 2 )
=-1  *  -2.373/36.625
=6.48 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 36.725
=36.725

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 36.525
=36.525

Adarsh Mercantile's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -2.508/( (36.525+0)/ 1 )
=-1  *  -2.508/36.525
=6.87 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 36.525
=36.525

* 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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Adarsh Mercantile  (BOM:538563) Effective Interest Rate on Debt % Explanation

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


Adarsh Mercantile Effective Interest Rate on Debt % Related Terms

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Adarsh Mercantile (BOM:538563) Business Description

Traded in Other Exchanges
N/A
Address
3, Alipore Road, 8A and 8B, Satyam Towers, Kolkata, WB, IND, 700 027
Adarsh Mercantile Ltd is an Indian company that operates in the commodity and financial services industry. The company is engaged in the business of trading goods, trading and investment in shares and securities. It is also engaged in investment in property. The company generates maximum revenue from the sale of Green tea leaf.

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