AccelerateBS India (BOM:543938) Effective Interest Rate on Debt % : 2.58% (As of Sep. 2023)

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What is AccelerateBS 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. AccelerateBS India's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₹0.15 Mil. AccelerateBS India's average total debt for the quarter that ended in Sep. 2023 was ₹5.81 Mil. Therefore, AccelerateBS India's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 2.58%.

AccelerateBS India Effective Interest Rate on Debt % Historical Data

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

AccelerateBS India Annual Data

Trend

Mar20

Mar21

Mar22

Effective Interest Rate on Debt %

0.21

7.79

AccelerateBS India Semi-Annual Data
	Mar20	Mar21	Mar22	Sep23
Effective Interest Rate on Debt %	-	-	-	2.58

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

For the Software - Infrastructure subindustry, AccelerateBS 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.

AccelerateBS India's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, AccelerateBS India's Effective Interest Rate on Debt % distribution charts can be found below:

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

AccelerateBS India Effective Interest Rate on Debt % Calculation

AccelerateBS India's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2021 )	+	Total Debt (A: Mar. 2022 ))	/ count )
=	-1 * -0.27	/	( (2.4	+	4.533)	/ 2 )
=	-1 * -0.27	/	3.4665
=	7.79 %

where

	Total Debt (A: Mar. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.4
=	2.4

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.607	+	1.926
=	4.533

AccelerateBS 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. 2022 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -0.15	/	( (4.533	+	7.093)	/ 2 )
=	-1 * -0.15	/	5.813
=	2.58 %

where

	Total Debt (Q: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.607	+	1.926
=	4.533

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.093	+	0
=	7.093

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.

AccelerateBS India (BOM:543938) Effective Interest Rate on Debt % Explanation

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

AccelerateBS India Effective Interest Rate on Debt % Related Terms

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AccelerateBS India (BOM:543938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AccelerateBS India Ltd (BOM:543938) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Off S.V. Road, Office 604, Quantum Tower, Ram Baug, Malad West, Mumbai, MH, IND, 400 064

Website

https://www.acceleratebs.com

AccelerateBS India Ltd is a Digital Technology Services company offering a multitude of boutique technology services to both B2B and B2C companies around the world. Its services include Digital Technology Services, DXP (Digital Experience Platforms) Consulting and Implementation Services, Digital projects, custom software development and consulting services, and delivering powerful and scalable software systems.

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