Reliance Cotton Spinning Mills (KAR:RCML) Effective Interest Rate on Debt %: 0.00% (As of . 20)

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What is Reliance Cotton Spinning Mills Effective Interest Rate on Debt %?

Reliance Cotton Spinning Mills KAR:RCML Effective Interest Rate on Debt % is 0.00% as of . 20.

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. Reliance Cotton Spinning Mills's annualized positive value of Interest Expense for the quarter that ended in . 20 was ₨ Mil. Reliance Cotton Spinning Mills's average total debt for the quarter that ended in . 20 was ₨ Mil. Therefore, Reliance Cotton Spinning Mills's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 was %.

Reliance Cotton Spinning Mills  (KAR:RCML) Effective Interest Rate on Debt % Explanation

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

Reliance Cotton Spinning Mills Effective Interest Rate on Debt % Related Terms

Reliance Cotton Spinning Mills Effective Interest Rate on Debt % Historical Data

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The historical data trend for Reliance Cotton Spinning Mills'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.

Reliance Cotton Spinning Mills Effective Interest Rate on Debt % Chart

Reliance Cotton Spinning Mills Annual Data
Trend
Effective Interest Rate on Debt %

Reliance Cotton Spinning Mills Quarterly Data
Effective Interest Rate on Debt %

Reliance Cotton Spinning Mills Effective Interest Rate on Debt % Competitor Comparison

For the Textile Manufacturing subindustry, Reliance Cotton Spinning Mills'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.

Reliance Cotton Spinning Mills Effective Interest Rate on Debt % vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Reliance Cotton Spinning Mills's Effective Interest Rate on Debt % falls into.


Reliance Cotton Spinning Mills Effective Interest Rate on Debt % Calculation

Reliance Cotton Spinning Mills's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: . 20 )+Total Debt  (A: . 20 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Reliance Cotton Spinning Mills's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: . 20 )+Total Debt  (Q: . 20 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Total Debt  (Q: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Total Debt  (Q: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

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

What does a Effective Interest Rate on Debt % of 0.00% mean?
Reliance Cotton Spinning Mills (KAR:RCML) has a Effective Interest Rate on Debt % of 0.00% as of . 20. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Reliance Cotton Spinning Mills and its competitors.
Is Reliance Cotton Spinning Mills' Effective Interest Rate on Debt % too high?
Reliance Cotton Spinning Mills' current Effective Interest Rate on Debt % is 0.00%.
How does Reliance Cotton Spinning Mills' Effective Interest Rate on Debt % compare to competitors?
Reliance Cotton Spinning Mills' Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Manufacturing - Apparel & Accessories company?
A good Effective Interest Rate on Debt % depends on the Manufacturing - Apparel & Accessories industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Reliance Cotton Spinning Mills and its competitors. Reliance Cotton Spinning Mills's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Cotton Spinning Mills stock overvalued right now?
Reliance Cotton Spinning Mills (KAR:RCML) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Reliance Cotton Spinning Mills (KAR:RCML), the current Effective Interest Rate on Debt % is 0.00% as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Reliance Cotton Spinning Mills Business Description

Address I.I. Chundrigar Road, 312, Cotton Exchange Building, Karachi, SD, PAK
Reliance Cotton Spinning Mills Ltd is engaged in the manufacture and sale of yarn. It is engaged in creating, developing, and manufacturing products from basic to a variety of high-quality yarn, thus responding to the spinning industry and exporting yarn to the International market. The products of the company include 6 Ne to 80 Ne (single & double), plied, Slubs, melanges, blends, and a variety of yarns. The company generates the majority of revenue from export and local sales of yarn.