Khazanchi Jewellers (BOM:543953) Effective Interest Rate on Debt % : 5.81% (As of Sep. 2024)

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What is Khazanchi Jewellers 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. Khazanchi Jewellers's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹30 Mil. Khazanchi Jewellers's average total debt for the quarter that ended in Sep. 2024 was ₹524 Mil. Therefore, Khazanchi Jewellers's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 5.81%.

Khazanchi Jewellers Effective Interest Rate on Debt % Historical Data

The historical data trend for Khazanchi Jewellers'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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Khazanchi Jewellers Effective Interest Rate on Debt % Chart

Khazanchi Jewellers Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

7.09

5.91

5.32

7.63

6.89

Khazanchi Jewellers Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						5.97	9.92	-	6.21	5.81

Competitive Comparison of Khazanchi Jewellers's Effective Interest Rate on Debt %

For the Luxury Goods subindustry, Khazanchi Jewellers'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.

Khazanchi Jewellers's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

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

Khazanchi Jewellers Effective Interest Rate on Debt % Calculation

Khazanchi Jewellers'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 * -48.046	/	( (846.248	+	547.984)	/ 2 )
=	-1 * -48.046	/	697.116
=	6.89 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	522.961	+	323.287
=	846.248

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	189.626	+	358.358
=	547.984

Khazanchi Jewellers'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: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -30.48	/	( (557.238	+	491.404)	/ 2 )
=	-1 * -30.48	/	524.321
=	5.81 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	178.532	+	378.706
=	557.238

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	131.419	+	359.985
=	491.404

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

Khazanchi Jewellers (BOM:543953) Effective Interest Rate on Debt % Explanation

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

Khazanchi Jewellers Effective Interest Rate on Debt % Related Terms

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Khazanchi Jewellers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Khazanchi Jewellers Ltd (BOM:543953) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

NSC Bose Road, No. 130, Sowcarpet, Chennai, TN, IND, 600 079

Website

https://www.khazanchi.co.in

Khazanchi Jewellers Ltd is a prominent player in the Indian jewellry industry, with a presence in both the wholesale and retail sectors. The company in the production and sale of a wide range of jewellery products, including gold jewellery, diamond jewellery, precious stones, and other fancy jewellery and bullion in the form of coins and bars.

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