Kesar India (BOM:543542) Effective Interest Rate on Debt % : 3.08% (As of Sep. 2023)

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What is Kesar India 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. Kesar India's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₹0.6 Mil. Kesar India's average total debt for the quarter that ended in Sep. 2023 was ₹18.1 Mil. Therefore, Kesar India's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 3.08%.

Kesar India Effective Interest Rate on Debt % Historical Data

The historical data trend for Kesar India'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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Kesar India Effective Interest Rate on Debt % Chart

Kesar India Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

0.03

0.04

3.39

3.98

1.00

Kesar India Semi-Annual Data
	Mar18	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					3.45	4.10	3.04	3.08	-

Competitive Comparison of Kesar India's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Kesar India'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.

Kesar India's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kesar India's Effective Interest Rate on Debt % distribution charts can be found below:

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

Kesar India Effective Interest Rate on Debt % Calculation

Kesar India'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 * -1.168	/	( (19.584	+	215.157)	/ 2 )
=	-1 * -1.168	/	117.3705
=	1.00 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.584	+	0
=	19.584

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.382	+	201.775
=	215.157

Kesar India's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -0.558	/	( (19.584	+	16.642)	/ 2 )
=	-1 * -0.558	/	18.113
=	3.08 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.584	+	0
=	19.584

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16.642	+	0
=	16.642

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

Kesar India (BOM:543542) Effective Interest Rate on Debt % Explanation

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

Kesar India Effective Interest Rate on Debt % Related Terms

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Kesar India (BOM:543542) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kesar India Ltd (BOM:543542) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Amravati Road, Flat No. F-101 Jagat Plaza, Law Collage Sqaure, Nagpur, MH, IND, 440010

Website

https://www.kesarlands.com

Kesar India Ltd undertakes real estate development and construction, primarily in the business of developing and constructing Projects such as Residential & Commercial Plotting, residential, commercial and industrial buildings, colonies, mills and factory buildings, workshop buildings.

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