CMM Infraprojects (NSE:CMMIPL) Effective Interest Rate on Debt %: 13.15% (As of Mar. 2018)

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What is CMM Infraprojects Effective Interest Rate on Debt %?

CMM Infraprojects NSE:CMMIPL Effective Interest Rate on Debt % is 13.15% as of Mar. 2018.

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. CMM Infraprojects's annualized positive value of Interest Expense for the quarter that ended in Mar. 2018 was ₹58 Mil. CMM Infraprojects's average total debt for the quarter that ended in Mar. 2018 was ₹441 Mil. Therefore, CMM Infraprojects's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2018 was 13.15%.

CMM Infraprojects  (NSE:CMMIPL) Effective Interest Rate on Debt % Explanation

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

CMM Infraprojects Effective Interest Rate on Debt % Related Terms

CMM Infraprojects Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for CMM Infraprojects'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.

CMM Infraprojects Effective Interest Rate on Debt % Chart

CMM Infraprojects Annual Data
Trend Mar17 Mar18
Effective Interest Rate on Debt %
7.62 9.38

CMM Infraprojects Semi-Annual Data
Mar17 Sep17 Mar18
Effective Interest Rate on Debt % 0.00 0.00 13.15

CMM Infraprojects Effective Interest Rate on Debt % Competitor Comparison

For the Engineering & Construction subindustry, CMM Infraprojects'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.

CMM Infraprojects Effective Interest Rate on Debt % vs Construction Industry

For the Construction industry and Industrials sector, CMM Infraprojects's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where CMM Infraprojects's Effective Interest Rate on Debt % falls into.


CMM Infraprojects Effective Interest Rate on Debt % Calculation

CMM Infraprojects's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2017 )+Total Debt  (A: Mar. 2018 ))/ count )
=-1  *  -41.571/( (425.951+460.185)/ 2 )
=-1  *  -41.571/443.068
=9.38 %

where

Total Debt  (A: Mar. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=171.747 + 254.204
=425.951

Total Debt  (A: Mar. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=137.043 + 323.142
=460.185

CMM Infraprojects's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2017 )+Total Debt  (Q: Mar. 2018 ))/ count )
=-1  *  -58.03/( (422.46+460.185)/ 2 )
=-1  *  -58.03/441.3225
=13.15 %

where

Total Debt  (Q: Sep. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=119.557 + 302.903
=422.46

Total Debt  (Q: Mar. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=137.043 + 323.142
=460.185

* 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 two times the semi-annual (Mar. 2018) 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 13.15% mean?
CMM Infraprojects (NSE:CMMIPL) has a Effective Interest Rate on Debt % of 13.15% as of Mar. 2018. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on CMM Infraprojects and its competitors.
Is CMM Infraprojects' Effective Interest Rate on Debt % too high?
CMM Infraprojects' current Effective Interest Rate on Debt % is 13.15%.
How does CMM Infraprojects' Effective Interest Rate on Debt % compare to competitors?
CMM Infraprojects' Effective Interest Rate on Debt % of 13.15% can be compared against companies in the Construction 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 Construction company?
A good Effective Interest Rate on Debt % depends on the Construction 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 CMM Infraprojects and its competitors. CMM Infraprojects's current Effective Interest Rate on Debt % is 13.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMM Infraprojects stock overvalued right now?
CMM Infraprojects (NSE:CMMIPL) has a current Effective Interest Rate on Debt % of 13.15%. The current Effective Interest Rate on Debt % is 13.15%. 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 CMM Infraprojects (NSE:CMMIPL), the current Effective Interest Rate on Debt % is 13.15% as of Mar. 2018. 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.

CMM Infraprojects Business Description

Address 108, Shalimar Corporate Centre, 8-B South Tukoganj, Indore, MP, IND, 452001
CMM Infraprojects Ltd is engaged in civil engineering activities. It is an engineering and construction contractor in the fields of constructing public housing, commercial complexes, public parks, corporate & IT offices, sewerage & irrigation projects and highways. It has construction projects across the nation.