Hayleys Fabric (COL:MGT.N0000) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)

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What is Hayleys Fabric 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. Hayleys Fabric's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was රු0 Mil. Hayleys Fabric's average total debt for the quarter that ended in Mar. 2024 was රු11,607 Mil. Therefore, Hayleys Fabric's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.

Hayleys Fabric Effective Interest Rate on Debt % Historical Data

The historical data trend for Hayleys Fabric'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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Hayleys Fabric Effective Interest Rate on Debt % Chart

Hayleys Fabric Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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5.13

5.05

9.93

13.62

10.68

Hayleys Fabric Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															45.58	24.25	6.28	9.21	-

Competitive Comparison of Hayleys Fabric's Effective Interest Rate on Debt %

For the Textile Manufacturing subindustry, Hayleys Fabric'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.

Hayleys Fabric's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hayleys Fabric's Effective Interest Rate on Debt % distribution charts can be found below:

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

Hayleys Fabric Effective Interest Rate on Debt % Calculation

Hayleys Fabric'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 * -1375.996	/	( (14066.241	+	11700.541)	/ 2 )
=	-1 * -1375.996	/	12883.391
=	10.68 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5196.5	+	8869.741
=	14066.241

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5207.387	+	6493.154
=	11700.541

Hayleys Fabric's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * 0	/	( (11512.965	+	11700.541)	/ 2 )
=	-1 * 0	/	11606.753
=	0.00 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5743.597	+	5769.368
=	11512.965

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5207.387	+	6493.154
=	11700.541

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

Hayleys Fabric (COL:MGT.N0000) Effective Interest Rate on Debt % Explanation

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

Hayleys Fabric Effective Interest Rate on Debt % Related Terms

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Hayleys Fabric (COL:MGT.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hayleys Fabric PLC (COL:MGT.N0000) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Narthupana Estate, Neboda, LKA

Website

https://www.hayleysfabric.com

Hayleys Fabric PLC is engaged in manufacturing, distribution, and trading of Fabric materials and related products. In addition, the company also provides services like circular knitting of fabric, fabric dyeing and finishing, fabric printing, brushing, and sueding. The company product portfolio includes products like diversified weft knit, polyester fabrics, nylon fabric, and various other fabric products. The company possesses market recognition under the brand name INNO. Most of its revenue comes from the Sri Lankan market.

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