Dev Labtech Venture (BOM:543848) Effective Interest Rate on Debt % : 12.81% (As of Mar. 2025)

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What is Dev Labtech Venture 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. Dev Labtech Venture's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹1.4 Mil. Dev Labtech Venture's average total debt for the quarter that ended in Mar. 2025 was ₹11.3 Mil. Therefore, Dev Labtech Venture's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 12.81%.

Dev Labtech Venture Effective Interest Rate on Debt % Historical Data

The historical data trend for Dev Labtech Venture'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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Dev Labtech Venture Effective Interest Rate on Debt % Chart

Dev Labtech Venture Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Effective Interest Rate on Debt %

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9.46

8.80

8.77

10.56

11.38

Dev Labtech Venture Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial				9.33	11.74	9.35	8.33	12.81

Competitive Comparison of Dev Labtech Venture's Effective Interest Rate on Debt %

For the Luxury Goods subindustry, Dev Labtech Venture'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.

Dev Labtech Venture's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Dev Labtech Venture's Effective Interest Rate on Debt % falls into.

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Dev Labtech Venture Effective Interest Rate on Debt % Calculation

Dev Labtech Venture's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2024 )	+	Total Debt (A: Mar. 2025 ))	/ count )
=	-1 * -1.207	/	( (11.021	+	10.193)	/ 2 )
=	-1 * -1.207	/	10.607
=	11.38 %

where

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.738	+	0.283
=	11.021

	Total Debt (A: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.193	+	0
=	10.193

Dev Labtech Venture's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -1.442	/	( (12.312	+	10.193)	/ 2 )
=	-1 * -1.442	/	11.2525
=	12.81 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.398	+	1.914
=	12.312

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.193	+	0
=	10.193

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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Dev Labtech Venture (BOM:543848) Effective Interest Rate on Debt % Explanation

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

Dev Labtech Venture Effective Interest Rate on Debt % Related Terms

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Dev Labtech Venture Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dev Labtech Venture Ltd (BOM:543848) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

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Address

Dairy Road, Near Nilambaug Circle, GF/22-23, Pattani Plaza, Bhavnagar, GJ, IND, 364002

Website

https://www.devlabtechventure.com

Dev Labtech Venture Ltd is engaged in the business of manufacturing, marketing and sourcing of diamonds: Natural and Lab grown having wide application in Jewelry. It operates in both domestic and export markets. It exports its products to United States and Hong Kong.

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