Majestic Research Services And Solutions (BOM:539229) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2021)

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What is Majestic Research Services And 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. Majestic Research Services And Solutions's annualized positive value of Interest Expense for the quarter that ended in Sep. 2021 was ₹0.00 Mil. Majestic Research Services And Solutions's average total debt for the quarter that ended in Sep. 2021 was ₹130.59 Mil. Therefore, Majestic Research Services And Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 was 0.00%.

Majestic Research Services And Solutions Effective Interest Rate on Debt % Historical Data

The historical data trend for Majestic Research Services And 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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Majestic Research Services And Solutions Effective Interest Rate on Debt % Chart

Majestic Research Services And Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Effective Interest Rate on Debt %

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45.41

13.99

14.06

5.87

Majestic Research Services And Solutions Semi-Annual Data
	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						11.07	0.53	-	0.01	-

Competitive Comparison of Majestic Research Services And Solutions's Effective Interest Rate on Debt %

For the Consulting Services subindustry, Majestic Research Services And 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.

Majestic Research Services And Solutions's Effective Interest Rate on Debt % Distribution in the Business Services Industry

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

* The bar in red indicates where Majestic Research Services And Solutions's Effective Interest Rate on Debt % falls into.

Majestic Research Services And Solutions Effective Interest Rate on Debt % Calculation

Majestic Research Services And Solutions's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2020 )	+	Total Debt (A: Mar. 2021 ))	/ count )
=	-1 * -0.005	/	( (130.64	+	130.59)	/ 2 )
=	-1 * -0.005	/	130.615
=	0.00 %

where

	Total Debt (A: Mar. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	82.56	+	48.08
=	130.64

	Total Debt (A: Mar. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	82.56	+	48.03
=	130.59

Majestic Research Services And Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2021 )	+	Total Debt (Q: Sep. 2021 ))	/ count )
=	-1 * 0	/	( (130.59	+	130.59)	/ 2 )
=	-1 * 0	/	130.59
=	0.00 %

where

	Total Debt (Q: Mar. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	82.56	+	48.03
=	130.59

	Total Debt (Q: Sep. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	82.56	+	48.03
=	130.59

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 two times the semi-annual (Sep. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Majestic Research Services And Solutions (BOM:539229) Effective Interest Rate on Debt % Explanation

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

Majestic Research Services And Solutions Effective Interest Rate on Debt % Related Terms

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Majestic Research Services And Solutions (BOM:539229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Majestic Research Services And Solutions Ltd (BOM:539229) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gateway To BKC LBS Marg, No. C-509, 5th Floor, Kanakia Zillion, Kurla West, Mumbai, MH, IND, 400070

Website

https://www.mrssindia.in

Majestic Research Services And Solutions Ltd is an India-based market research agency. It offers a range of qualitative and quantitative research services.

Majestic Research Services And Solutions (BOM:539229) Headlines

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