ICL Organic Dairy Products (BOM:542935) Effective Interest Rate on Debt % : 0.80% (As of Mar. 2023)

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What is ICL Organic Dairy Products 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. ICL Organic Dairy Products's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was ₹0.01 Mil. ICL Organic Dairy Products's average total debt for the quarter that ended in Mar. 2023 was ₹1.25 Mil. Therefore, ICL Organic Dairy Products's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 0.80%.

ICL Organic Dairy Products Effective Interest Rate on Debt % Historical Data

The historical data trend for ICL Organic Dairy Products'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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ICL Organic Dairy Products Effective Interest Rate on Debt % Chart

ICL Organic Dairy Products Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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0.61

20.43

10.63

10.82

0.40

ICL Organic Dairy Products Semi-Annual Data
	Mar17	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					12.26	6.41	15.15	-	0.80

Competitive Comparison of ICL Organic Dairy Products's Effective Interest Rate on Debt %

For the Farm Products subindustry, ICL Organic Dairy Products'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.

ICL Organic Dairy Products's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, ICL Organic Dairy Products's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where ICL Organic Dairy Products's Effective Interest Rate on Debt % falls into.

ICL Organic Dairy Products Effective Interest Rate on Debt % Calculation

ICL Organic Dairy Products's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -0.005	/	( (1.251	+	1.251)	/ 2 )
=	-1 * -0.005	/	1.251
=	0.40 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.251	+	0
=	1.251

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.251	+	0
=	1.251

ICL Organic Dairy Products's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2022 )	+	Total Debt (Q: Mar. 2023 ))	/ count )
=	-1 * -0.01	/	( (1.251	+	1.251)	/ 2 )
=	-1 * -0.01	/	1.251
=	0.80 %

where

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.251	+	0
=	1.251

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.251	+	0
=	1.251

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 two times the semi-annual (Mar. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

ICL Organic Dairy Products (BOM:542935) Effective Interest Rate on Debt % Explanation

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

ICL Organic Dairy Products Effective Interest Rate on Debt % Related Terms

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ICL Organic Dairy Products (BOM:542935) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » ICL Organic Dairy Products Ltd (BOM:542935) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

Gautam Buddha Nagar, A-105, 3rd Floor, Sector-63, Noida, UP, IND, 201301

Website

https://www.icldairy.co.in

ICL Organic Dairy Products Ltd is engaged in Dairy farming with the main object to products and extracting Milk from cows and distributing the same raw material extracted from the cow and supplying it to sweet shops, retailers, different establishments and households.

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