Greenpanel Industries (BOM:542857) Effective Interest Rate on Debt % : -3.84% (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Greenpanel Industries 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. Greenpanel Industries's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹-114 Mil. Greenpanel Industries's average total debt for the quarter that ended in Mar. 2024 was ₹2,961 Mil. Therefore, Greenpanel Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was -3.84%.

Greenpanel Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for Greenpanel Industries'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.

Greenpanel Industries Effective Interest Rate on Debt % Chart

Greenpanel Industries Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

4.60

5.13

4.28

3.13

3.53

Greenpanel Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															20.03	-12.82	3.73	13.65	-3.84

Competitive Comparison of Greenpanel Industries's Effective Interest Rate on Debt %

For the Lumber & Wood Production subindustry, Greenpanel Industries'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.

Greenpanel Industries's Effective Interest Rate on Debt % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Greenpanel Industries's Effective Interest Rate on Debt % distribution charts can be found below:

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

Greenpanel Industries Effective Interest Rate on Debt % Calculation

Greenpanel Industries'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 * -92.485	/	( (2276.29	+	2960.824)	/ 2 )
=	-1 * -92.485	/	2618.557
=	3.53 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1574.296	+	701.994
=	2276.29

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2591.898	+	368.926
=	2960.824

Greenpanel Industries'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 * 113.568	/	( (0	+	2960.824)	/ 1 )
=	-1 * 113.568	/	2960.824
=	-3.84 %

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
=	2591.898	+	368.926
=	2960.824

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.

Greenpanel Industries (BOM:542857) Effective Interest Rate on Debt % Explanation

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

Greenpanel Industries Effective Interest Rate on Debt % Related Terms

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

Greenpanel Industries (BOM:542857) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Greenpanel Industries Ltd (BOM:542857) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

GREENPANEL:India

Address

163, S.P. Mukherjee Road, Thapar House, 2nd Floor, Kolkata, WB, IND, 700 026

Website

https://www.greenpanel.com

Greenpanel Industries Ltd is a manufacturer of wood panels. It offers products such as Medium Density Fibre Boards, Plywood, Block Boards, Veneers, Wood Floors, and Doors. The operating segment of the company includes Plywood and allied products and Medium density fibreboards and allied products. The company generates maximum revenue from Medium density fibreboards and allied products segment. Geographically, it derives a majority of its revenue from India.

Greenpanel Industries (BOM:542857) Headlines

No Headlines