Maximus International (BOM:540401) Effective Interest Rate on Debt % : 22.24% (As of Dec. 2024)

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What is Maximus International 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. Maximus International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ₹34 Mil. Maximus International's average total debt for the quarter that ended in Dec. 2024 was ₹151 Mil. Therefore, Maximus International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 22.24%.

Maximus International Effective Interest Rate on Debt % Historical Data

The historical data trend for Maximus International'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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Maximus International Effective Interest Rate on Debt % Chart

Maximus International Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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7.34

3.34

17.03

17.57

11.06

Maximus International 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															18.14	1.49	13.74	23.12	22.24

Competitive Comparison of Maximus International's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Maximus International'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.

Maximus International's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Maximus International's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Maximus International Effective Interest Rate on Debt % Calculation

Maximus International'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 * -14.961	/	( (93.266	+	177.354)	/ 2 )
=	-1 * -14.961	/	135.31
=	11.06 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	47.132	+	46.134
=	93.266

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	55.051	+	122.303
=	177.354

Maximus International'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 * -33.62	/	( (151.152	+	0)	/ 1 )
=	-1 * -33.62	/	151.152
=	22.24 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	28.605	+	122.547
=	151.152

	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.

Maximus International (BOM:540401) Effective Interest Rate on Debt % Explanation

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

Maximus International Effective Interest Rate on Debt % Related Terms

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Maximus International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Maximus International Ltd (BOM:540401) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Dr. Vikram Sarabhai Marg, 504 A, Ozone, 5th Floor, Vadi Wadi, Vadodara, GJ, IND, 390003

Website

https://www.maximusinternational.in

Maximus International Ltd is engaged in the import and export of oils and chemicals. The company trades lubricant oil for the automotive industry such as Diesel and petrol engine oil, Brake oil; Circulating and Hydraulic oil, Open and enclosed gearbox oil, Sewing machine oil, and coning oil, among others for industrial oil. It also offers specialty oils such as printing ink, aluminum rolling lubricants, insulating oil, and calibration oil, among others. The company also provides agriculture products and additives such as herbal pesticides, integrated pest management and lures, tractor spares and attachments, lubricating, and plastic additives. The group sells its products in India and Outside India of which prime revenue is made from the sales made Outside India.

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