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ICICI Prudential Life Insurance Company Limited (BOM:540133) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is ICICI Prudential Life Insurance Company Limited 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. ICICI Prudential Life Insurance Company Limited's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹0 Mil. ICICI Prudential Life Insurance Company Limited's average total debt for the quarter that ended in Mar. 2024 was ₹12,000 Mil. Therefore, ICICI Prudential Life Insurance Company Limited's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.


ICICI Prudential Life Insurance Company Limited Effective Interest Rate on Debt % Historical Data

The historical data trend for ICICI Prudential Life Insurance Company Limited'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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ICICI Prudential Life Insurance Company Limited Effective Interest Rate on Debt % Chart

ICICI Prudential Life Insurance Company Limited Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.65 9.50 9.44 -

ICICI Prudential Life Insurance Company Limited Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of ICICI Prudential Life Insurance Company Limited's Effective Interest Rate on Debt %

For the Insurance - Life subindustry, ICICI Prudential Life Insurance Company Limited'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.


ICICI Prudential Life Insurance Company Limited's Effective Interest Rate on Debt % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ICICI Prudential Life Insurance Company Limited's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where ICICI Prudential Life Insurance Company Limited's Effective Interest Rate on Debt % falls into.



ICICI Prudential Life Insurance Company Limited Effective Interest Rate on Debt % Calculation

ICICI Prudential Life Insurance Company Limited'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  *  0/( (12000+12000)/ 2 )
=-1  *  0/12000
=0.00 %

where

ICICI Prudential Life Insurance Company Limited's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  0/( (12000+12000)/ 2 )
=-1  *  0/12000
=0.00 %

where

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


ICICI Prudential Life Insurance Company Limited  (BOM:540133) Effective Interest Rate on Debt % Explanation

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


ICICI Prudential Life Insurance Company Limited Effective Interest Rate on Debt % Related Terms

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ICICI Prudential Life Insurance Company Limited (BOM:540133) Business Description

Traded in Other Exchanges
Address
1089 Appasaheb Marathe Marg, ICICI Pru Life Towers, 1st and 2nd Floor, Cnergy IT Park, Prabhadevi, Mumbai, MH, IND, 400025
ICICI Prudential Life Insurance Company Limited offers products across savings, investments, and protection categories that match the different life stage requirements of customers and enable them to achieve their long-term financial goals. The company has developed and implemented various initiatives to provide cost-effective products, superior quality services, consistent fund performance, and a hassle-free claim settlement experience to customers. Its segments are Par Life, Par Pension, Non Par Life, Non Par Pension, Non Par Variable, Non Par Variable Pension, Annuity Non Par, Health, Linked Life, Linked Pension, Linked Health, Linked Group Life, Linked Group Pension, and Group Pension Share holders.

ICICI Prudential Life Insurance Company Limited (BOM:540133) Headlines

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