Hardwyn India (BOM:541276) Effective Interest Rate on Debt % : 12.89% (As of Mar. 2024)

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What is Hardwyn India 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. Hardwyn India's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹12 Mil. Hardwyn India's average total debt for the quarter that ended in Mar. 2024 was ₹92 Mil. Therefore, Hardwyn India's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 12.89%.

Hardwyn India Effective Interest Rate on Debt % Historical Data

The historical data trend for Hardwyn India'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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Hardwyn India Effective Interest Rate on Debt % Chart

Hardwyn India Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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10.77

6.65

8.07

15.41

16.98

Hardwyn India Quarterly Data
	Sep17	Jan18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													15.79	14.39	15.30	40.22	12.89

Competitive Comparison of Hardwyn India's Effective Interest Rate on Debt %

For the Building Products & Equipment subindustry, Hardwyn India'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.

Hardwyn India's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hardwyn India's Effective Interest Rate on Debt % distribution charts can be found below:

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

Hardwyn India Effective Interest Rate on Debt % Calculation

Hardwyn India'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 * -11.721	/	( (45.699	+	92.382)	/ 2 )
=	-1 * -11.721	/	69.0405
=	16.98 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.132	+	45.567
=	45.699

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.785	+	85.597
=	92.382

Hardwyn India'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 * -11.908	/	( (0	+	92.382)	/ 1 )
=	-1 * -11.908	/	92.382
=	12.89 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.785	+	85.597
=	92.382

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.

Hardwyn India (BOM:541276) Effective Interest Rate on Debt % Explanation

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

Hardwyn India Effective Interest Rate on Debt % Related Terms

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Hardwyn India (BOM:541276) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hardwyn India Ltd (BOM:541276) » Definitions » Effective Interest Rate on Debt %

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HARDWYN:India

Address

Mayapuri Industrial Area, B-101, Phase-1, South West Delhi, New Delhi, IND, 110064

Website

https://www.hardwyn.com

Hardwyn India Ltd is engaged in the trading business of aluminium products including manufacturing architectural hardware and glass fittings. It provides a complete solution to residential and commercial structures. Its product range includes Door Hardware, Kitchen Hardware, Glass Hardware, and Furniture Hardware.

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