Afloat Enterprises (BOM:543377) Effective Interest Rate on Debt %: 0.18% (As of Mar. 2026)

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BOM:543377 Afloat Enterprises Ltd BOM:543377
43 GF Score
Price ₹6.36
GF Value ₹1.68
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Afloat Enterprises Effective Interest Rate on Debt %?

Afloat Enterprises BOM:543377 43 Effective Interest Rate on Debt % is 0.18% as of Mar. 2026. GuruFocus rates BOM:543377 with a GF Score™ of 43/100 and a GF Value™ of ₹1.68 (Significantly Overvalued). The stock has 7 warning signs investors should review.

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. Afloat Enterprises's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was ₹0.01 Mil. Afloat Enterprises's average total debt for the quarter that ended in Mar. 2026 was ₹3.33 Mil. Therefore, Afloat Enterprises's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 0.18%.


Afloat Enterprises  (BOM:543377) Effective Interest Rate on Debt % Explanation

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


Afloat Enterprises Effective Interest Rate on Debt % Related Terms


Afloat Enterprises Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Afloat Enterprises'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.

Afloat Enterprises Effective Interest Rate on Debt % Chart

Afloat Enterprises Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.06

Afloat Enterprises Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.00 0.00 0.00 0.00 0.18

BOM:543377 vs NUE, STLD, RS: Effective Interest Rate on Debt % Comparison

For the Steel subindustry, Afloat Enterprises'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.


Afloat Enterprises Effective Interest Rate on Debt % vs Steel Industry

For the Steel industry and Basic Materials sector, Afloat Enterprises's Effective Interest Rate on Debt % distribution charts can be found below:

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


BOM:543377
43GF Score
Afloat Enterprises Ltd BOM:543377
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Afloat Enterprises Effective Interest Rate on Debt % Calculation

Afloat Enterprises's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2025 )+Total Debt  (A: Mar. 2026 ))/ count )
=-1  *  -0.003/( (0+4.65)/ 1 )
=-1  *  -0.003/4.65
=0.06 %

where

Afloat Enterprises's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -0.006/( (2+4.65)/ 2 )
=-1  *  -0.006/3.325
=0.18 %

where

* 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 two times the semi-annual (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 0.18% mean?
Afloat Enterprises (BOM:543377) has a Effective Interest Rate on Debt % of 0.18% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Afloat Enterprises and its competitors.
Is Afloat Enterprises' Effective Interest Rate on Debt % too high?
Afloat Enterprises' current Effective Interest Rate on Debt % is 0.18%. Overall, Afloat Enterprises has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Afloat Enterprises' Effective Interest Rate on Debt % compare to NUE and STLD?
Afloat Enterprises' Effective Interest Rate on Debt % of 0.18% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Steel company?
A good Effective Interest Rate on Debt % depends on the Steel industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Afloat Enterprises and its competitors. Afloat Enterprises's current Effective Interest Rate on Debt % is 0.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afloat Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Afloat Enterprises (BOM:543377) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.68, compared to a current price of ₹6.36 — trading 278.6% above its estimated fair value. The current Effective Interest Rate on Debt % is 0.18%. Afloat Enterprises' overall GF Score™ is 43/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Afloat Enterprises (BOM:543377), the current Effective Interest Rate on Debt % is 0.18% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Afloat Enterprises (BOM:543377) Overvalued in 2026?

Based on GuruFocus' analysis, Afloat Enterprises stock appears to be overvalued. The current stock price of ₹6.36 is trading 278.6% above its estimated GF Value™ of ₹1.68. GuruFocus considers Afloat Enterprises to be Significantly Overvalued.

Key valuation signals for BOM:543377:

  • Effective Interest Rate on Debt %: 0.18%
  • GF Value™: ₹1.68 vs. price of ₹6.36 (278.6% above fair value)
  • GF Score™: 43/100 with 7 warning signs

No single metric tells the full story. See the BOM:543377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Afloat Enterprises Business Description

Address Aggarwal Plaza, Plot 3, Shop 325, 3rd Floor, DDA Community Centre, Sector-14, Rohini, New Delhi, IND, 110085
Afloat Enterprises Ltd operates in the trading of metals, with a core focus on iron and steel products. The company's business activities include the manufacture, production, procurement, conversion, sale, and trading of various iron and steel items such as tin plates, ETP sheets, and stainless products. Additionally, it deals in commodities like diamonds, gold, wheat, rice, and oils, engaging in trading both within India and internationally. The company generates revenue prominently from its metal trading operations and commodities trading. Its operations are majorly based in India, serving various industrial and commodity markets across the country and abroad.
43GF Score

Get the complete analysis for BOM:543377

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹6.36
Price
₹1.68
GF Value