Avi Ansh Textile (NSE:AVIANSH) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2024)

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What is Avi Ansh Textile 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. Avi Ansh Textile's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹0.0 Mil. Avi Ansh Textile's average total debt for the quarter that ended in Sep. 2024 was ₹409.3 Mil. Therefore, Avi Ansh Textile's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.00%.

Avi Ansh Textile Effective Interest Rate on Debt % Historical Data

The historical data trend for Avi Ansh Textile'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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Avi Ansh Textile Effective Interest Rate on Debt % Chart

Avi Ansh Textile Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

4.66

4.40

5.36

5.77

Avi Ansh Textile Quarterly Data
	Mar21	Mar22	Mar23	Dec23	Mar24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	-	5.90	7.25	-

Competitive Comparison of Avi Ansh Textile's Effective Interest Rate on Debt %

For the Textile Manufacturing subindustry, Avi Ansh Textile'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.

Avi Ansh Textile's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Avi Ansh Textile's Effective Interest Rate on Debt % falls into.

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Avi Ansh Textile Effective Interest Rate on Debt % Calculation

Avi Ansh Textile'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 * -22.136	/	( (319.347	+	448.12)	/ 2 )
=	-1 * -22.136	/	383.7335
=	5.77 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	141.469	+	177.878
=	319.347

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	145.661	+	302.459
=	448.12

Avi Ansh Textile's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * 0	/	( (448.12	+	370.571)	/ 2 )
=	-1 * 0	/	409.3455
=	0.00 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	145.661	+	302.459
=	448.12

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	141.104	+	229.467
=	370.571

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

Avi Ansh Textile (NSE:AVIANSH) Effective Interest Rate on Debt % Explanation

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

Avi Ansh Textile Effective Interest Rate on Debt % Related Terms

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Avi Ansh Textile Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Avi Ansh Textile Ltd (NSE:AVIANSH) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

402, 4th Floor, Aggarwal Cyber Plaza-1, Netaji Subhash Place, Pitampura, North West, Delhi, IND, 110034

Website

https://www.avianshgroup.com

Avi Ansh Textile Ltd is a manufacturer and exporter of cotton yarn, including combed and carded cotton yarn in various counts. Its Yarns include Carded cotton, Combed cotton, Short, medium, long slub yarn produced with specific patterns. Its Fabric product include Single Jersey, Rib Knit, Interlock Fabric, Terry, Diagonal Terry, waffle, Thermal, Fleece, Pique, Rice Knit, Dot Knit, Nirmal Knit, Lycra Blended Fabrics, etc.

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