Cadsys (India) (NSE:CADSYS) Effective Interest Rate on Debt % : 9.53% (As of Mar. 2024)

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What is Cadsys (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. Cadsys (India)'s annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹81 Mil. Cadsys (India)'s average total debt for the quarter that ended in Mar. 2024 was ₹851 Mil. Therefore, Cadsys (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 9.53%.

Cadsys (India) Effective Interest Rate on Debt % Historical Data

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

Cadsys (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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10.77

7.12

6.05

5.87

9.26

Cadsys (India) Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial														8.18	5.71	6.04	8.59	9.53

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

For the Information Technology Services subindustry, Cadsys (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.

Cadsys (India)'s Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Cadsys (India)'s Effective Interest Rate on Debt % distribution charts can be found below:

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

Cadsys (India) Effective Interest Rate on Debt % Calculation

Cadsys (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 * -76.572	/	( (814.059	+	839.383)	/ 2 )
=	-1 * -76.572	/	826.721
=	9.26 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	629.271	+	184.788
=	814.059

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	258.069	+	581.314
=	839.383

Cadsys (India)'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: Sep. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -81.136	/	( (862.798	+	839.383)	/ 2 )
=	-1 * -81.136	/	851.0905
=	9.53 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	305.22	+	557.578
=	862.798

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	258.069	+	581.314
=	839.383

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 two times the semi-annual (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Cadsys (India) (NSE:CADSYS) Effective Interest Rate on Debt % Explanation

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

Cadsys (India) Effective Interest Rate on Debt % Related Terms

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Cadsys (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cadsys (India) Ltd (NSE:CADSYS) » Definitions » Effective Interest Rate on Debt %

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Address

3-6-262 2nd Floor Tirumala Estates, Himayathnagar, Hyderabad, TG, IND, 500029

Website

https://www.cadsystech.com

Cadsys (India) Ltd is a knowledge process outsourcing company, that provides knowledge solutions. It is engaged in providing IT-enabled services for geospatial, field engineering survey, software development, and engineering design in the telecom, CATV, oil and gas, electricity, and other utility domains. It earns revenue from data processing activities including report writing. The company offers a product named Concord-Pro.

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