Data Patterns (India) (NSE:DATAPATTNS) Effective Interest Rate on Debt % : 346.29% (As of Mar. 2024)

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What is Data Patterns (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. Data Patterns (India)'s annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹121 Mil. Data Patterns (India)'s average total debt for the quarter that ended in Mar. 2024 was ₹35 Mil. Therefore, Data Patterns (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 346.29%.

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

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

Data Patterns (India) Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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19.97

18.06

25.11

132.53

311.52

Data Patterns (India) Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial												454.62	276.31	334.81	343.70	346.29

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

For the Aerospace & Defense subindustry, Data Patterns (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.

Data Patterns (India)'s Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Data Patterns (India)'s Effective Interest Rate on Debt % distribution charts can be found below:

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

Data Patterns (India) Effective Interest Rate on Debt % Calculation

Data Patterns (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 * -93.3	/	( (24.9	+	35)	/ 2 )
=	-1 * -93.3	/	29.95
=	311.52 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.9	+	18
=	24.9

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	28.5	+	6.5
=	35

Data Patterns (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: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -121.2	/	( (0	+	35)	/ 1 )
=	-1 * -121.2	/	35
=	346.29 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	28.5	+	6.5
=	35

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

Data Patterns (India) (NSE:DATAPATTNS) Effective Interest Rate on Debt % Explanation

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

Data Patterns (India) Effective Interest Rate on Debt % Related Terms

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Data Patterns (India) (NSE:DATAPATTNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Data Patterns (India) Ltd (NSE:DATAPATTNS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

543428:India

Address

Plot H9, Fourth Main Road, SIPCOT IT Park, Siruseri, Chennai, TN, IND, 603103

Website

https://www.datapatternsindia.com

Data Patterns (India) Ltd is a defense and aerospace electronics solutions provider catering to the indigenously developed defense products industry. The company offers products to the entire spectrum of defense and aerospace platforms such as space, air, land, and sea. The Company operates only in one business segment i.e. manufacture, sale and service of defense electronics.

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