GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mrs Bectors Food Specialities Ltd (BOM:543253) » Definitions » Effective Interest Rate on Debt %

Mrs Bectors Food Specialities (BOM:543253) Effective Interest Rate on Debt % : 8.99% (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Mrs Bectors Food Specialities 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. Mrs Bectors Food Specialities's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹136 Mil. Mrs Bectors Food Specialities's average total debt for the quarter that ended in Dec. 2023 was ₹1,509 Mil. Therefore, Mrs Bectors Food Specialities's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.99%.


Mrs Bectors Food Specialities Effective Interest Rate on Debt % Historical Data

The historical data trend for Mrs Bectors Food Specialities'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.

Mrs Bectors Food Specialities Effective Interest Rate on Debt % Chart

Mrs Bectors Food Specialities Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 8.36 10.08 7.16 5.29 9.82

Mrs Bectors Food Specialities Quarterly Data
Mar18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.63 7.16 5.77 7.62 8.99

Competitive Comparison of Mrs Bectors Food Specialities's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Mrs Bectors Food Specialities'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.


Mrs Bectors Food Specialities's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mrs Bectors Food Specialities's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Mrs Bectors Food Specialities's Effective Interest Rate on Debt % falls into.



Mrs Bectors Food Specialities Effective Interest Rate on Debt % Calculation

Mrs Bectors Food Specialities'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  *  -129.12/( (1358.43+1270.01)/ 2 )
=-1  *  -129.12/1314.22
=9.82 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=939.04 + 419.39
=1358.43

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=991.3 + 278.71
=1270.01

Mrs Bectors Food Specialities's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -135.68/( (1508.85+0)/ 1 )
=-1  *  -135.68/1508.85
=8.99 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1159.19 + 349.66
=1508.85

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Mrs Bectors Food Specialities  (BOM:543253) Effective Interest Rate on Debt % Explanation

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


Mrs Bectors Food Specialities Effective Interest Rate on Debt % Related Terms

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


Mrs Bectors Food Specialities (BOM:543253) Business Description

Traded in Other Exchanges
Address
First Floor, Unit No. 22-27, Sector 61, Emaar Digital Greens - Tower A, Gurugram, HR, IND, 122102
Mrs Bectors Food Specialities Ltd is a manufacturer and supplier of premium biscuits, breads and bun products. The company's products are sold under the "Mrs. Bector's Cremica' and 'English Oven" brands.

Mrs Bectors Food Specialities (BOM:543253) Headlines

No Headlines