Continental Seeds and Chemicals (NSE:CONTI) Effective Interest Rate on Debt % : 6.41% (As of Mar. 2022)

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What is Continental Seeds and Chemicals 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. Continental Seeds and Chemicals's annualized positive value of Interest Expense for the quarter that ended in Mar. 2022 was ₹4.3 Mil. Continental Seeds and Chemicals's average total debt for the quarter that ended in Mar. 2022 was ₹66.3 Mil. Therefore, Continental Seeds and Chemicals's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 was 6.41%.

Continental Seeds and Chemicals Effective Interest Rate on Debt % Historical Data

The historical data trend for Continental Seeds and Chemicals'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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Continental Seeds and Chemicals Effective Interest Rate on Debt % Chart

Continental Seeds and Chemicals Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Effective Interest Rate on Debt %

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14.45

19.22

11.13

10.74

6.41

Continental Seeds and Chemicals Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					14.45	19.22	11.13	10.74	6.41

Competitive Comparison of Continental Seeds and Chemicals's Effective Interest Rate on Debt %

For the Agricultural Inputs subindustry, Continental Seeds and Chemicals'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.

Continental Seeds and Chemicals's Effective Interest Rate on Debt % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Continental Seeds and Chemicals's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Continental Seeds and Chemicals's Effective Interest Rate on Debt % falls into.

Continental Seeds and Chemicals Effective Interest Rate on Debt % Calculation

Continental Seeds and Chemicals's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2021 )	+	Total Debt (A: Mar. 2022 ))	/ count )
=	-1 * -4.25	/	( (76.153	+	56.503)	/ 2 )
=	-1 * -4.25	/	66.328
=	6.41 %

where

	Total Debt (A: Mar. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	35.936	+	40.217
=	76.153

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23.339	+	33.164
=	56.503

Continental Seeds and Chemicals's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2021 )	+	Total Debt (Q: Mar. 2022 ))	/ count )
=	-1 * -4.25	/	( (76.153	+	56.503)	/ 2 )
=	-1 * -4.25	/	66.328
=	6.41 %

where

	Total Debt (Q: Mar. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	35.936	+	40.217
=	76.153

	Total Debt (Q: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23.339	+	33.164
=	56.503

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 one times the annual (Mar. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Continental Seeds and Chemicals (NSE:CONTI) Effective Interest Rate on Debt % Explanation

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

Continental Seeds and Chemicals Effective Interest Rate on Debt % Related Terms

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Continental Seeds and Chemicals (NSE:CONTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Continental Seeds and Chemicals Ltd (NSE:CONTI) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

Okhla Industrial Area, Pocket A, Okhla Phase I, Fourth Floor, C-67, DDA Sheds, New Delhi, IND, 110020

Website

https://www.continentalseeds.co.in

Continental Seeds and Chemicals Ltd is engaged in the business of developing, processing, grading and supplying of all kind of agricultural foundation and certified seeds and trading of Mentha Oil. The firm is engaged in the whole process of processing in varieties of seeds, foundation seed, and processing of the same into certified seeds.

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