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Arvee Laboratories (India) (NSE:ARVEE) Effective Interest Rate on Debt % : 31.16% (As of Jun. 2024)


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What is Arvee Laboratories (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. Arvee Laboratories (India)'s annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was ₹3.1 Mil. Arvee Laboratories (India)'s average total debt for the quarter that ended in Jun. 2024 was ₹10.0 Mil. Therefore, Arvee Laboratories (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 31.16%.


Arvee Laboratories (India) Effective Interest Rate on Debt % Historical Data

The historical data trend for Arvee Laboratories (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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Arvee Laboratories (India) Effective Interest Rate on Debt % Chart

Arvee Laboratories (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.64 7.72 5.25 13.83 18.77

Arvee Laboratories (India) Quarterly Data
Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 28.48 32.68 18.04 -4.12 31.16

Competitive Comparison of Arvee Laboratories (India)'s Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Arvee Laboratories (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.


Arvee Laboratories (India)'s Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Arvee Laboratories (India)'s Effective Interest Rate on Debt % distribution charts can be found below:

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



Arvee Laboratories (India) Effective Interest Rate on Debt % Calculation

Arvee Laboratories (India)'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  *  -1.877/( (10+10)/ 2 )
=-1  *  -1.877/10
=18.77 %

where

Arvee Laboratories (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -3.116/( (10+0)/ 1 )
=-1  *  -3.116/10
=31.16 %

where

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


Arvee Laboratories (India)  (NSE:ARVEE) Effective Interest Rate on Debt % Explanation

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


Arvee Laboratories (India) Effective Interest Rate on Debt % Related Terms

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Arvee Laboratories (India) Business Description

Traded in Other Exchanges
N/A
Address
403, Iskcon Bopal Road, Entice, Near Jayantilal Park BRTS, Ambli, Ahmedabad, GJ, IND, 380058
Arvee Laboratories (India) Ltd is an India based specialty chemicals company. The company products include Polymer Modifiers, such as dimethyl 5-sodiosulfoisophthalate, 5-sulfoisophthalic acid mono sodium salt, and others, Contrast Media Intermediates such as Dimethyl 5-Aminoisophthalate, 3,5-Diamino Benzoic Acid, 5-Nitroisophthalic acid and others; and Drug Intermediates like 2-Acetyl Thiophene, Thiophene-2-Carboxaldehyde and others. Geographically, the company principally operates in India.

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