Aditya Birla Sun Life AMC (BOM:543374) Effective Interest Rate on Debt % : 8.55% (As of Mar. 2024)

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What is Aditya Birla Sun Life AMC 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. Aditya Birla Sun Life AMC's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹68 Mil. Aditya Birla Sun Life AMC's average total debt for the quarter that ended in Mar. 2024 was ₹791 Mil. Therefore, Aditya Birla Sun Life AMC's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.55%.

Aditya Birla Sun Life AMC Effective Interest Rate on Debt % Historical Data

The historical data trend for Aditya Birla Sun Life AMC'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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Aditya Birla Sun Life AMC Effective Interest Rate on Debt % Chart

Aditya Birla Sun Life AMC Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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8.12

9.15

8.56

7.62

8.86

Aditya Birla Sun Life AMC Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial												6.91	6.58	8.60	7.53	8.55

Competitive Comparison of Aditya Birla Sun Life AMC's Effective Interest Rate on Debt %

For the Asset Management subindustry, Aditya Birla Sun Life AMC'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.

Aditya Birla Sun Life AMC's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aditya Birla Sun Life AMC's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Aditya Birla Sun Life AMC's Effective Interest Rate on Debt % falls into.

Aditya Birla Sun Life AMC Effective Interest Rate on Debt % Calculation

Aditya Birla Sun Life AMC'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 * -56.3	/	( (480.348	+	790.9)	/ 2 )
=	-1 * -56.3	/	635.624
=	8.86 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	354.286	+	126.062
=	480.348

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	790.9	+	0
=	790.9

Aditya Birla Sun Life AMC'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 * -67.6	/	( (0	+	790.9)	/ 1 )
=	-1 * -67.6	/	790.9
=	8.55 %

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
=	790.9	+	0
=	790.9

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.

Aditya Birla Sun Life AMC (BOM:543374) Effective Interest Rate on Debt % Explanation

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

Aditya Birla Sun Life AMC Effective Interest Rate on Debt % Related Terms

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Aditya Birla Sun Life AMC (BOM:543374) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Aditya Birla Sun Life AMC Ltd (BOM:543374) » Definitions » Effective Interest Rate on Debt %

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ABSLAMC:India

Address

Senapati Bapat Marg, Elphinstone Road, One World Center, Tower 1, 17th Floor, Jupiter Mills, Mumbai, MH, IND, 400 013

Website

https://mutualfund.adityabirlacapital.com

Aditya Birla Sun Life AMC Ltd is primarily the investment manager of Aditya Birla Sun Life Mutual Fund. It also operates multiple alternate strategies including portfolio management services, real estate investments and alternative investment funds.

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