Akme Fintrade (India) (BOM:544200) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2025)

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What is Akme Fintrade (India) 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. Akme Fintrade (India)'s annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹0.0 Mil. Akme Fintrade (India)'s average total debt for the quarter that ended in Mar. 2025 was ₹2,817.7 Mil. Therefore, Akme Fintrade (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 0.00%.

Akme Fintrade (India) Effective Interest Rate on Debt % Historical Data

The historical data trend for Akme Fintrade (India)'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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Akme Fintrade (India) Effective Interest Rate on Debt % Chart

Akme Fintrade (India) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Effective Interest Rate on Debt %

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0.06

0.08

0.22

Akme Fintrade (India) Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of Akme Fintrade (India)'s Effective Interest Rate on Debt %

For the Credit Services subindustry, Akme Fintrade (India)'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.

Akme Fintrade (India)'s Effective Interest Rate on Debt % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Akme Fintrade (India)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Akme Fintrade (India)'s Effective Interest Rate on Debt % falls into.

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Akme Fintrade (India) Effective Interest Rate on Debt % Calculation

Akme Fintrade (India)'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 * 0	/	( (0	+	2817.735)	/ 1 )
=	-1 * 0	/	2817.735
=	0.00 %

where

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

	Total Debt (A: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2817.735	+	0
=	2817.735

Akme Fintrade (India)'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: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * 0	/	( (0	+	2817.735)	/ 1 )
=	-1 * 0	/	2817.735
=	0.00 %

where

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

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2817.735	+	0
=	2817.735

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 (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Akme Fintrade (India) (BOM:544200) Effective Interest Rate on Debt % Explanation

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

Akme Fintrade (India) Effective Interest Rate on Debt % Related Terms

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Akme Fintrade (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Akme Fintrade (India) Ltd (BOM:544200) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

AFIL:India

Address

608, The Summit - Business Bay, behind Guru Nank Petrol Pump, Opposite Cinemax, Prakashwadi Andheri East, Mumbai, MH, IND, 400069

Website

Akme Fintrade (India) Ltd is a non-banking finance company. It is engaged in rural and semi-urban centric lending solutions to look after the needs and aspirations of rural and semi-urban populace. The company's portfolio includes Vehicle Finance and Business Finance Products to small business owners and has footprints in rural and semi-urban geographies in 4 Indian states Rajasthan, Maharashtra, Madhya Pradesh and Gujarat.

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