Cox & Kings Financial Service (NSE:CKFSL) Effective Interest Rate on Debt %: 0.00% (As of Mar. 2021)

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Director of Data and Quant Analytics at GuruFocus
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What is Cox & Kings Financial Service Effective Interest Rate on Debt %?

Cox & Kings Financial Service NSE:CKFSL Effective Interest Rate on Debt % is 0.00% as of Mar. 2021.

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. Cox & Kings Financial Service's annualized positive value of Interest Expense for the quarter that ended in Mar. 2021 was ₹0.00 Mil. Cox & Kings Financial Service's average total debt for the quarter that ended in Mar. 2021 was ₹4,909.60 Mil. Therefore, Cox & Kings Financial Service's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2021 was 0.00%.


Cox & Kings Financial Service  (NSE:CKFSL) Effective Interest Rate on Debt % Explanation

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


Cox & Kings Financial Service Effective Interest Rate on Debt % Related Terms


Cox & Kings Financial Service Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Cox & Kings Financial Service'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.

Cox & Kings Financial Service Effective Interest Rate on Debt % Chart

Cox & Kings Financial Service Annual Data
Trend Mar18 Mar19 Mar20 Mar21
Effective Interest Rate on Debt %
0.38 0.16 0.00 0.00

Cox & Kings Financial Service Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.00 0.00 0.00 0.00 0.00

Cox & Kings Financial Service Effective Interest Rate on Debt % Competitor Comparison

For the Credit Services subindustry, Cox & Kings Financial Service'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.


Cox & Kings Financial Service Effective Interest Rate on Debt % vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Cox & Kings Financial Service's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Cox & Kings Financial Service's Effective Interest Rate on Debt % falls into.



Cox & Kings Financial Service Effective Interest Rate on Debt % Calculation

Cox & Kings Financial Service's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2020 )+Total Debt  (A: Mar. 2021 ))/ count )
=-1  *  0/( (4365.5+4909.6)/ 2 )
=-1  *  0/4637.55
=0.00 %

where

Total Debt  (A: Mar. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4365.5 + 0
=4365.5

Total Debt  (A: Mar. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4909.6 + 0
=4909.6

Cox & Kings Financial Service's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2020 )+Total Debt  (Q: Mar. 2021 ))/ count )
=-1  *  0/( (0+4909.6)/ 1 )
=-1  *  0/4909.6
=0.00 %

where

Total Debt  (Q: Mar. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4909.6 + 0
=4909.6

* 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 (Mar. 2021) 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?
Cox & Kings Financial Service (NSE:CKFSL) has a Effective Interest Rate on Debt % of 0.00% as of Mar. 2021. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Cox & Kings Financial Service and its competitors.
Is Cox & Kings Financial Service's Effective Interest Rate on Debt % too high?
Cox & Kings Financial Service's current Effective Interest Rate on Debt % is 0.00%.
How does Cox & Kings Financial Service's Effective Interest Rate on Debt % compare to competitors?
Cox & Kings Financial Service's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Credit Services 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 Credit Services company?
A good Effective Interest Rate on Debt % depends on the Credit Services 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 Cox & Kings Financial Service and its competitors. Cox & Kings Financial Service'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 Cox & Kings Financial Service stock overvalued right now?
Cox & Kings Financial Service (NSE:CKFSL) 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 Cox & Kings Financial Service (NSE:CKFSL), the current Effective Interest Rate on Debt % is 0.00% as of Mar. 2021. 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.

Cox & Kings Financial Service Business Description

Address Off. Andheri Kurla Link Road, Marol Makwana Road, 1st Floor, Vaman Centre, Andheri (East), Mumbai, MH, IND, 400001
Cox & Kings Financial Service Ltd is an Indian based company proposes to carry on Foreign Exchange Business, Holiday Financing, Student Loan Financing and Other Non-Banking Financial Service Activities.