Global Health (BOM:543654) Effective Interest Rate on Debt % : 9.09% (As of Mar. 2024)

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What is Global Health 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. Global Health's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹729 Mil. Global Health's average total debt for the quarter that ended in Mar. 2024 was ₹8,019 Mil. Therefore, Global Health's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 9.09%.

Global Health Effective Interest Rate on Debt % Historical Data

The historical data trend for Global Health'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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Global Health Effective Interest Rate on Debt % Chart

Global Health Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

5.49

7.21

7.79

6.99

7.68

Global Health Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								7.30	6.39	10.11	8.90	9.09

Competitive Comparison of Global Health's Effective Interest Rate on Debt %

For the Medical Care Facilities subindustry, Global Health'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.

Global Health's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Global Health's Effective Interest Rate on Debt % distribution charts can be found below:

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

Global Health Effective Interest Rate on Debt % Calculation

Global Health'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 * -739.13	/	( (11219.519	+	8018.69)	/ 2 )
=	-1 * -739.13	/	9619.1045
=	7.68 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9825.942	+	1393.577
=	11219.519

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6299.82	+	1718.87
=	8018.69

Global Health'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 * -729.156	/	( (0	+	8018.69)	/ 1 )
=	-1 * -729.156	/	8018.69
=	9.09 %

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
=	6299.82	+	1718.87
=	8018.69

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.

Global Health (BOM:543654) Effective Interest Rate on Debt % Explanation

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

Global Health Effective Interest Rate on Debt % Related Terms

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Global Health (BOM:543654) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Global Health Ltd (BOM:543654) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

MEDANTA:India

Address

E - 18, Medanta - The Medicity, Defence Colony, New Delhi, IND, 110024

Website

https://www.medanta.org

Global Health Ltd operates as a private multi-specialty tertiary care provider operating in the North and East regions of India, with key specialties of cardiology and cardiac science, neurosciences, oncology, digestive and hepatobiliary sciences, orthopedics, liver transplant, and kidney and urology. Under the Medanta brand, it has a network of hospitals in operation (Gurugram, Indore, Ranchi, and Lucknow), a hospital that is under construction with an operational outpatient facility (Patna), and a hospital (Noida) planned for development. The Group operates Healthcare services as a single business segment in India, constituting a single geographical segment.

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