Droneacharya Aerial Innovations (BOM:543713) Effective Interest Rate on Debt % : 19.01% (As of Sep. 2024)

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What is Droneacharya Aerial Innovations 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. Droneacharya Aerial Innovations's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹0.4 Mil. Droneacharya Aerial Innovations's average total debt for the quarter that ended in Sep. 2024 was ₹2.2 Mil. Therefore, Droneacharya Aerial Innovations's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 19.01%.

Droneacharya Aerial Innovations Effective Interest Rate on Debt % Historical Data

The historical data trend for Droneacharya Aerial Innovations'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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Droneacharya Aerial Innovations Effective Interest Rate on Debt % Chart

Droneacharya Aerial Innovations Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

1.22

0.96

0.08

13.77

27.80

Droneacharya Aerial Innovations Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			1.99	513.76	36.70	27.35	19.01

Competitive Comparison of Droneacharya Aerial Innovations's Effective Interest Rate on Debt %

For the Computer Hardware subindustry, Droneacharya Aerial Innovations'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.

Droneacharya Aerial Innovations's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Droneacharya Aerial Innovations's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Droneacharya Aerial Innovations's Effective Interest Rate on Debt % falls into.

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Droneacharya Aerial Innovations Effective Interest Rate on Debt % Calculation

Droneacharya Aerial Innovations'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 * -0.315	/	( (0.109	+	2.157)	/ 2 )
=	-1 * -0.315	/	1.133
=	27.80 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.109
=	0.109

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.829	+	0.328
=	2.157

Droneacharya Aerial Innovations's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -0.41	/	( (2.157	+	0)	/ 1 )
=	-1 * -0.41	/	2.157
=	19.01 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.829	+	0.328
=	2.157

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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

Droneacharya Aerial Innovations (BOM:543713) Effective Interest Rate on Debt % Explanation

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

Droneacharya Aerial Innovations Effective Interest Rate on Debt % Related Terms

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Droneacharya Aerial Innovations Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Droneacharya Aerial Innovations Ltd (BOM:543713) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Galore Tech Lohia-Jain, Lane 2, 1st & 2nd Floor, Bavdhan, Pune, KA, IND, 411021

Website

https://www.droneacharya.com

Droneacharya Aerial Innovations Ltd provides high-end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone data using robust high configuration workstations, The main operations of the company are Imparting the Drone operation Training, Drone supply and Maintenance services, Management Consultancy and training services. Drone pilot training & specialized GIS training. The company's offerings can be classified into four broad categories namely, Training, Services, Surveillance and others.

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