Logica Infoway (BOM:543746) Effective Interest Rate on Debt % : 9.52% (As of Sep. 2024)

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What is Logica Infoway 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. Logica Infoway's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹114 Mil. Logica Infoway's average total debt for the quarter that ended in Sep. 2024 was ₹1,202 Mil. Therefore, Logica Infoway's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 9.52%.

Logica Infoway Effective Interest Rate on Debt % Historical Data

The historical data trend for Logica Infoway'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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Logica Infoway Effective Interest Rate on Debt % Chart

Logica Infoway Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

11.19

11.38

8.61

9.82

9.98

Logica Infoway Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			8.63	11.76	10.65	8.83	9.52

Competitive Comparison of Logica Infoway's Effective Interest Rate on Debt %

For the Specialty Retail subindustry, Logica Infoway'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.

Logica Infoway's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Logica Infoway's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Logica Infoway Effective Interest Rate on Debt % Calculation

Logica Infoway'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 * -85.77	/	( (639.085	+	1079.234)	/ 2 )
=	-1 * -85.77	/	859.1595
=	9.98 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	37.984	+	601.101
=	639.085

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.256	+	1061.978
=	1079.234

Logica Infoway'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 * -114.454	/	( (1079.234	+	1324.334)	/ 2 )
=	-1 * -114.454	/	1201.784
=	9.52 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.256	+	1061.978
=	1079.234

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.134	+	1312.2
=	1324.334

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.

Logica Infoway (BOM:543746) Effective Interest Rate on Debt % Explanation

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

Logica Infoway Effective Interest Rate on Debt % Related Terms

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Logica Infoway Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Logica Infoway Ltd (BOM:543746) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, Saklat Place, 1st Floor, Kolkata, WB, IND, 700 072

Website

https://www.easternlogica.com

Logica Infoway Ltd is engaged in the business of multi-brand retail and retail selling. It also operates as a distributor of branded smartphones, IT hardware, software, and allied accessories and services. The firm also provides networking and security solutions to consumers. The company is engaged in trading computers, laptops, mobile and mobile accessories in head office Kolkata and mobiles and laptops in branches.

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