Markolines Pavement Technologies (BOM:543364) Effective Interest Rate on Debt % : 8.92% (As of Mar. 2024)

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What is Markolines Pavement Technologies 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. Markolines Pavement Technologies's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹51 Mil. Markolines Pavement Technologies's average total debt for the quarter that ended in Mar. 2024 was ₹570 Mil. Therefore, Markolines Pavement Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.92%.

Markolines Pavement Technologies Effective Interest Rate on Debt % Historical Data

The historical data trend for Markolines Pavement Technologies'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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Markolines Pavement Technologies Effective Interest Rate on Debt % Chart

Markolines Pavement Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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12.66

11.98

14.00

11.50

11.38

Markolines Pavement Technologies Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					18.11	15.53	12.62	11.85	8.92

Competitive Comparison of Markolines Pavement Technologies's Effective Interest Rate on Debt %

For the Infrastructure Operations subindustry, Markolines Pavement Technologies'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.

Markolines Pavement Technologies's Effective Interest Rate on Debt % Distribution in the Construction Industry

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

* The bar in red indicates where Markolines Pavement Technologies's Effective Interest Rate on Debt % falls into.

Markolines Pavement Technologies Effective Interest Rate on Debt % Calculation

Markolines Pavement Technologies'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 * -50.801	/	( (305.466	+	587.47)	/ 2 )
=	-1 * -50.801	/	446.468
=	11.38 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	148.971	+	156.495
=	305.466

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	204.7	+	382.77
=	587.47

Markolines Pavement Technologies'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: Sep. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -50.812	/	( (551.866	+	587.47)	/ 2 )
=	-1 * -50.812	/	569.668
=	8.92 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	239.902	+	311.964
=	551.866

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	204.7	+	382.77
=	587.47

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Markolines Pavement Technologies (BOM:543364) Effective Interest Rate on Debt % Explanation

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

Markolines Pavement Technologies Effective Interest Rate on Debt % Related Terms

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Markolines Pavement Technologies (BOM:543364) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Markolines Pavement Technologies Ltd (BOM:543364) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Shree Nand Dham, 6th Floor, Wing-A, Sector-11, CBD Belapur, Navi Mumbai, MH, IND, 400614

Website

https://www.markolines.com

Markolines Pavement Technologies Ltd is a highway operation and maintenance service providing company. Its operations are mainly divided into-Highway Operations which include toll operations, route patrolling, and incident management; the Highway Maintenance division includes routine maintenance, preventive maintenance, and major maintenance and repairs and whereas the specialized Maintenance Services include micro surfacing, Base Stabilization and cold in-place recycling.

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