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Suyog Gurbaxani Funicular Ropeways (BOM:543391) Effective Interest Rate on Debt % : 14.00% (As of Mar. 2024)


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What is Suyog Gurbaxani Funicular Ropeways 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. Suyog Gurbaxani Funicular Ropeways's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹114.5 Mil. Suyog Gurbaxani Funicular Ropeways's average total debt for the quarter that ended in Mar. 2024 was ₹817.8 Mil. Therefore, Suyog Gurbaxani Funicular Ropeways's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 14.00%.

Suyog Gurbaxani Funicular Ropeways Effective Interest Rate on Debt % Historical Data

The historical data trend for Suyog Gurbaxani Funicular Ropeways'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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Suyog Gurbaxani Funicular Ropeways Effective Interest Rate on Debt % Chart

Suyog Gurbaxani Funicular Ropeways Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 2.72 2.88 6.21 2.35 9.30

Suyog Gurbaxani Funicular Ropeways Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial - 2.32 2.40 3.88 14.00

Competitive Comparison of Suyog Gurbaxani Funicular Ropeways's Effective Interest Rate on Debt %

For the Travel Services subindustry, Suyog Gurbaxani Funicular Ropeways'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.

Suyog Gurbaxani Funicular Ropeways's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Suyog Gurbaxani Funicular Ropeways's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Suyog Gurbaxani Funicular Ropeways's Effective Interest Rate on Debt % falls into.


Suyog Gurbaxani Funicular Ropeways Effective Interest Rate on Debt % Calculation

Suyog Gurbaxani Funicular Ropeways'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  *  -71.073/( (659.815+869.265)/ 2 )
=-1  *  -71.073/764.54
=9.30 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=605.426 + 54.389
=659.815

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=796.544 + 72.721
=869.265

Suyog Gurbaxani Funicular Ropeways'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  *  -114.48/( (766.27+869.265)/ 2 )
=-1  *  -114.48/817.7675
=14.00 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=766.27 + 0
=766.27

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=796.544 + 72.721
=869.265

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

Suyog Gurbaxani Funicular Ropeways  (BOM:543391) Effective Interest Rate on Debt % Explanation

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

Suyog Gurbaxani Funicular Ropeways Effective Interest Rate on Debt % Related Terms

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Suyog Gurbaxani Funicular Ropeways (BOM:543391) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Suyog Gurbaxani Funicular Ropeways Ltd (BOM:543391) » Definitions » Effective Interest Rate on Debt %
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Traded in Other Exchanges
N/A
Address
LBS Marg, 18, Suyog Industrial Estate, 1st Floor, Vikhroli (West), Mumbai, MH, IND, 400083
Website
https://www.sgfrl.com
Suyog Gurbaxani Funicular Ropeways Ltd is an infrastructure development and construction company engaged in building and operating the Funicular Ropeways Systems. The company has carried on the business of the work to design, engineer, procure, finance, construct, operate, and maintain Funicular Ropeway on a Build, Operate & Transfer (BOT) basis at Saptashrungi Gad, Vani, Kalwan, Nashik, and to charge and collect the toll fees. The majority of revenue is generated from the Toll Collection Fees segment.

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