TAAL Enterprises (BOM:539956) Effective Interest Rate on Debt % : 16.74% (As of Dec. 2024)

View and export this data going back to 2016. Start your Free Trial

What is TAAL Enterprises 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. TAAL Enterprises's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ₹8 Mil. TAAL Enterprises's average total debt for the quarter that ended in Dec. 2024 was ₹45 Mil. Therefore, TAAL Enterprises's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 16.74%.

TAAL Enterprises Effective Interest Rate on Debt % Historical Data

The historical data trend for TAAL Enterprises'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.

* Premium members only.

TAAL Enterprises Effective Interest Rate on Debt % Chart

TAAL Enterprises Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

27.47

8.42

15.09

16.47

14.55

TAAL Enterprises 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															14.17	13.43	13.58	7.28	16.74

Competitive Comparison of TAAL Enterprises's Effective Interest Rate on Debt %

For the Airports & Air Services subindustry, TAAL Enterprises'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.

TAAL Enterprises's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, TAAL Enterprises's Effective Interest Rate on Debt % distribution charts can be found below:

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

Save Embed

;

Save Embed

;

TAAL Enterprises Effective Interest Rate on Debt % Calculation

TAAL Enterprises'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 * -11.768	/	( (93.722	+	68.033)	/ 2 )
=	-1 * -11.768	/	80.8775
=	14.55 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	63.909	+	29.813
=	93.722

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	32.502	+	35.531
=	68.033

TAAL Enterprises'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 * -7.576	/	( (45.259	+	0)	/ 1 )
=	-1 * -7.576	/	45.259
=	16.74 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	45.259	+	0
=	45.259

	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.

TAAL Enterprises (BOM:539956) Effective Interest Rate on Debt % Explanation

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

TAAL Enterprises Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of TAAL Enterprises's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

TAAL Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » TAAL Enterprises Ltd (BOM:539956) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7th Mile Hosur Road, Survey no. 112, Krishna Reddy Industrial Area, 3rd Floor, C Block, AKR Tech Park, Singasandra, Bangalore South, Bangalore, KA, IND, 560068

Website

http://www.taalent.co.in

TAAL Enterprises Ltd offers air charter solutions. The company is engaged in providing air-charter service for Luxury private air charter to any destination, tailored service, and other related services. The company's segments include Air Charter and Engineering Design Services. Geographically the group has a business presence in India and Outside India, of which key revenue is generated from Outside India.

TAAL Enterprises Headlines

No Headlines