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Mayank Cattle Food (BOM:544106) Effective Interest Rate on Debt % : 9.97% (As of Mar. 2025)


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What is Mayank Cattle Food 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. Mayank Cattle Food's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹36 Mil. Mayank Cattle Food's average total debt for the quarter that ended in Mar. 2025 was ₹358 Mil. Therefore, Mayank Cattle Food's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 9.97%.


Mayank Cattle Food Effective Interest Rate on Debt % Historical Data

The historical data trend for Mayank Cattle Food'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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Mayank Cattle Food Effective Interest Rate on Debt % Chart

Mayank Cattle Food Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Effective Interest Rate on Debt %
7.73 7.78 7.92 9.02 10.38

Mayank Cattle Food Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25
Effective Interest Rate on Debt % Get a 7-Day Free Trial - - - 10.94 9.97

Competitive Comparison of Mayank Cattle Food's Effective Interest Rate on Debt %

For the Farm Products subindustry, Mayank Cattle Food'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.


Mayank Cattle Food's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mayank Cattle Food's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Mayank Cattle Food's Effective Interest Rate on Debt % falls into.


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Mayank Cattle Food Effective Interest Rate on Debt % Calculation

Mayank Cattle Food'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  *  -37.116/( (352.15+362.936)/ 2 )
=-1  *  -37.116/357.543
=10.38 %

where

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=103.828 + 248.322
=352.15

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=53.099 + 309.837
=362.936

Mayank Cattle Food'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  *  -35.682/( (352.775+362.936)/ 2 )
=-1  *  -35.682/357.8555
=9.97 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=88.13 + 264.645
=352.775

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=53.099 + 309.837
=362.936

* 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.

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.


Mayank Cattle Food  (BOM:544106) Effective Interest Rate on Debt % Explanation

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


Mayank Cattle Food Effective Interest Rate on Debt % Related Terms

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Mayank Cattle Food Business Description

Traded in Other Exchanges
N/A
Address
Rajkot Jamnagar Highway, R. S. No. 162, Near Khandheri Stadium, Village Naranka, Tal. Paddhari, Rajkot, GJ, IND, 360110
Mayank Cattle Food Ltd is engaged in the manufacturing of Maize Cake (Cattle Feed) and maize Oil (Non-edible). The business process involves the purchase of the Maize Germ, then mechanized expelling, packaging, and selling of the Maize Oil and Maize Cake, and trade in Cotton cakes and Cotton Bales. Maize Oil or Corn Oil is extracted from the germ of Maize (Corn) and Maize Cake is the by-product obtained from the extraction of Maize Oil which is very high in fat or oil content.

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