Shanti Spintex (BOM:544059) Effective Interest Rate on Debt % : 9.81% (As of Mar. 2025)

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What is Shanti Spintex 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. Shanti Spintex's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹16 Mil. Shanti Spintex's average total debt for the quarter that ended in Mar. 2025 was ₹167 Mil. Therefore, Shanti Spintex's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 9.81%.

Shanti Spintex Effective Interest Rate on Debt % Historical Data

The historical data trend for Shanti Spintex'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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Shanti Spintex Effective Interest Rate on Debt % Chart

Shanti Spintex Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Mar25

Effective Interest Rate on Debt %

6.21

5.19

7.44

10.08

9.58

Shanti Spintex Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	9.67	9.66	8.57	9.81

Competitive Comparison of Shanti Spintex's Effective Interest Rate on Debt %

For the Textile Manufacturing subindustry, Shanti Spintex'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.

Shanti Spintex's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanti Spintex's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Shanti Spintex Effective Interest Rate on Debt % Calculation

Shanti Spintex'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 * -17.183	/	( (222.138	+	136.755)	/ 2 )
=	-1 * -17.183	/	179.4465
=	9.58 %

where

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	144.774	+	77.364
=	222.138

	Total Debt (A: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.5	+	115.255
=	136.755

Shanti Spintex'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 * -16.39	/	( (197.404	+	136.755)	/ 2 )
=	-1 * -16.39	/	167.0795
=	9.81 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	131.137	+	66.267
=	197.404

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.5	+	115.255
=	136.755

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.

Shanti Spintex (BOM:544059) Effective Interest Rate on Debt % Explanation

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

Shanti Spintex Effective Interest Rate on Debt % Related Terms

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Shanti Spintex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shanti Spintex Ltd (BOM:544059) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

A -1601, Navratna Corporate Park, Ambli Bopal Road, Ahmedabad, GJ, IND, 380058

Website

https://www.shantispintex.com

Shanti Spintex Ltd is engaged in the Manufacturing and selling of Cotton Yarn and Fabrics. It manufactures various types of denim fabrics such as power stretch spandex denim, knit denim, lightweight denim, rigid denim, over-dyed denim, and flat finish 3/1 denim and also offers denim fabrics in a diverse spectrum of shades such as indigo blue, IBST, sulphur black, sulphur grey, etc. The Company's operations encompass the utilization of diverse types of yarns such as cotton yarn, ring yarn, viscose yarn, slub yarn, cotton spandex, polyester spandex, tencel, lyocell, etc. The Company is currently organized into two operating activities - 1. Textile Manufacturing and 2. Windmill Operations. The company generates the majority of its revenue from the Textile segment.

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