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Dipped Products (COL:DIPD.N0000) Effective Interest Rate on Debt % : 1.43% (As of Mar. 2025)


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What is Dipped Products 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. Dipped Products's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was රු187 Mil. Dipped Products's average total debt for the quarter that ended in Mar. 2025 was රු13,069 Mil. Therefore, Dipped Products's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 1.43%.


Dipped Products Effective Interest Rate on Debt % Historical Data

The historical data trend for Dipped Products'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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Dipped Products Effective Interest Rate on Debt % Chart

Dipped Products Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.84 5.35 7.27 13.95 9.00

Dipped Products Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.16 8.68 12.86 10.54 1.43

Competitive Comparison of Dipped Products's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Dipped Products'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.


Dipped Products's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dipped Products's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Dipped Products Effective Interest Rate on Debt % Calculation

Dipped Products'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  *  -972.431/( (9591.198+12013.765)/ 2 )
=-1  *  -972.431/10802.4815
=9.00 %

where

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4300.664 + 5290.534
=9591.198

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3820.982 + 8192.783
=12013.765

Dipped Products'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  *  -187.224/( (14124.7+12013.765)/ 2 )
=-1  *  -187.224/13069.2325
=1.43 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4259.462 + 9865.238
=14124.7

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3820.982 + 8192.783
=12013.765

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


Dipped Products  (COL:DIPD.N0000) Effective Interest Rate on Debt % Explanation

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


Dipped Products Effective Interest Rate on Debt % Related Terms

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Dipped Products Business Description

Traded in Other Exchanges
N/A
Address
400, Deans Road, Colombo, LKA, 10
Dipped Products PLC is a glove manufacturing company based in Sri Lanka. It offers unsupported gloves, supported gloves, and disposable gloves. The company operates through two segments, namely, the Hand Protection segment, which is engaged in the manufacturing and selling of gloves; and the Plantations segment, which owns and manages tea and rubber plantations. It generates the majority of revenue from the Hand Protection segment. Geographically the company operates in Asia/Africa/Middle East, South America, Europe, and North America.

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