Digidrive Distributors (BOM:544079) Effective Interest Rate on Debt % : 8.08% (As of Dec. 2024)

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What is Digidrive Distributors 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. Digidrive Distributors's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ₹0.8 Mil. Digidrive Distributors's average total debt for the quarter that ended in Dec. 2024 was ₹9.9 Mil. Therefore, Digidrive Distributors's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 8.08%.

Digidrive Distributors Effective Interest Rate on Debt % Historical Data

The historical data trend for Digidrive Distributors'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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Digidrive Distributors Effective Interest Rate on Debt % Chart

Digidrive Distributors Annual Data

Trend

Mar23

Mar24

Effective Interest Rate on Debt %

13.94

13.08

Digidrive Distributors Quarterly Data
	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	20.41	-	12.12	8.08

Competitive Comparison of Digidrive Distributors's Effective Interest Rate on Debt %

For the Internet Retail subindustry, Digidrive Distributors'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.

Digidrive Distributors's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

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

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Digidrive Distributors Effective Interest Rate on Debt % Calculation

Digidrive Distributors'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 * -0.347	/	( (4.383	+	0.921)	/ 2 )
=	-1 * -0.347	/	2.652
=	13.08 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.921	+	3.462
=	4.383

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.921
=	0.921

Digidrive Distributors's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.8	/	( (9.9	+	0)	/ 1 )
=	-1 * -0.8	/	9.9
=	8.08 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.9	+	3
=	9.9

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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

Digidrive Distributors (BOM:544079) Effective Interest Rate on Debt % Explanation

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

Digidrive Distributors Effective Interest Rate on Debt % Related Terms

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Digidrive Distributors Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Digidrive Distributors Ltd (BOM:544079) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

DIGIDRIVE:India

Address

33, Jessore Road, Dum Dum, Kolkata, WB, IND, 700028

Website

https://www.digidrivelimited.com

Digidrive Distributors Ltd is a master distributor for retailing goods on all digital marketplaces. It is engaged in the E-Commerce distribution business of music storage device; Carvaan and its variants, directly and through distributors, appointed for selling on digital media mediums. The company is also engaged in the Media and Publishing business, printing of printed materials, and marketing support services. Its reportable segments are; Trading and Publication. The majority of the company's revenue is generated from its Trading segment which includes distributorship for retailing goods on all digital marketplaces.

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