Shree Ajit Pulp And Paper (BOM:538795) Effective Interest Rate on Debt % : 8.85% (As of Dec. 2024)

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What is Shree Ajit Pulp And Paper 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. Shree Ajit Pulp And Paper's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ₹232 Mil. Shree Ajit Pulp And Paper's average total debt for the quarter that ended in Dec. 2024 was ₹2,618 Mil. Therefore, Shree Ajit Pulp And Paper's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 8.85%.

Shree Ajit Pulp And Paper Effective Interest Rate on Debt % Historical Data

The historical data trend for Shree Ajit Pulp And Paper'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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Shree Ajit Pulp And Paper Effective Interest Rate on Debt % Chart

Shree Ajit Pulp And Paper Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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10.74

10.41

8.13

3.03

3.18

Shree Ajit Pulp And Paper Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.98	6.17	8.11	7.01	8.85

Competitive Comparison of Shree Ajit Pulp And Paper's Effective Interest Rate on Debt %

For the Paper & Paper Products subindustry, Shree Ajit Pulp And Paper'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.

Shree Ajit Pulp And Paper's Effective Interest Rate on Debt % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shree Ajit Pulp And Paper's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shree Ajit Pulp And Paper's Effective Interest Rate on Debt % falls into.

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Shree Ajit Pulp And Paper Effective Interest Rate on Debt % Calculation

Shree Ajit Pulp And Paper'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 * -62.841	/	( (1693.591	+	2262.805)	/ 2 )
=	-1 * -62.841	/	1978.198
=	3.18 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1388.673	+	304.918
=	1693.591

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1627.356	+	635.449
=	2262.805

Shree Ajit Pulp And Paper's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -231.812	/	( (2618.104	+	0)	/ 1 )
=	-1 * -231.812	/	2618.104
=	8.85 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1836.618	+	781.486
=	2618.104

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

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

Shree Ajit Pulp And Paper (BOM:538795) Effective Interest Rate on Debt % Explanation

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

Shree Ajit Pulp And Paper Effective Interest Rate on Debt % Related Terms

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Shree Ajit Pulp And Paper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Shree Ajit Pulp And Paper Ltd (BOM:538795) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Survey No 239, Village Salvav, 106,107,108P & 105P, Near Morai Railway Crossing, District Valsad, Vapi, GJ, IND, 396191

Website

https://www.shreeajit.com

Shree Ajit Pulp And Paper Ltd is engaged in the manufacturing of Kraft Paper (Testliner/Multilayer Testliner) which is mainly used for manufacturing of corrugated boxes. The company operates through a single operating segment which is the manufacturing of kraft paper (Testliner and Multilayer Testliner). The product includes multilayer test liner and test liner paper and is available in two shades which are natural and golden yellow. The kraft papers of the company are mainly used for making corrugated boxes, duplex cartons, and packaging material.

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