New Swan Multitech (BOM:544082) Effective Interest Rate on Debt % : 10.87% (As of Sep. 2024)

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What is New Swan Multitech 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. New Swan Multitech's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹44 Mil. New Swan Multitech's average total debt for the quarter that ended in Sep. 2024 was ₹408 Mil. Therefore, New Swan Multitech's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 10.87%.

New Swan Multitech Effective Interest Rate on Debt % Historical Data

The historical data trend for New Swan Multitech'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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New Swan Multitech Effective Interest Rate on Debt % Chart

New Swan Multitech Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

6.84

7.74

7.11

11.26

New Swan Multitech Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	-	10.42	10.40	10.87

Competitive Comparison of New Swan Multitech's Effective Interest Rate on Debt %

For the Farm & Heavy Construction Machinery subindustry, New Swan Multitech'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.

New Swan Multitech's Effective Interest Rate on Debt % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, New Swan Multitech's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where New Swan Multitech's Effective Interest Rate on Debt % falls into.

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New Swan Multitech Effective Interest Rate on Debt % Calculation

New Swan Multitech'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 * -46.442	/	( (390.98	+	433.711)	/ 2 )
=	-1 * -46.442	/	412.3455
=	11.26 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	226.929	+	164.051
=	390.98

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	172.898	+	260.813
=	433.711

New Swan Multitech'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: Mar. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -44.346	/	( (433.711	+	382.248)	/ 2 )
=	-1 * -44.346	/	407.9795
=	10.87 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	172.898	+	260.813
=	433.711

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	148.807	+	233.441
=	382.248

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

New Swan Multitech (BOM:544082) Effective Interest Rate on Debt % Explanation

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

New Swan Multitech Effective Interest Rate on Debt % Related Terms

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New Swan Multitech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » New Swan Multitech Ltd (BOM:544082) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

District Court Complex, Shop No. 310, 3rd Floor, Vardhman Crown Mall, Plot No. 2, Sector-19, Dwarka, South West Delhi, New Delhi, IND, 110075

Website

https://www.swanagro.in

New Swan Multitech Ltd is engaged in the business of manufacturing, trading and export of agricultural implements and Auto Parts. The company's business comprises of only one segment that is Auto Components & Equipments. Its product include potato planter, Rotary Tiller, straw reaper, etc.

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