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Davangere Sugar Co (NSE:DAVANGERE) Effective Interest Rate on Debt % : 14.53% (As of Sep. 2024)


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What is Davangere Sugar Co 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. Davangere Sugar Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹410 Mil. Davangere Sugar Co's average total debt for the quarter that ended in Sep. 2024 was ₹2,819 Mil. Therefore, Davangere Sugar Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 14.53%.


Davangere Sugar Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Davangere Sugar Co'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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Davangere Sugar Co Effective Interest Rate on Debt % Chart

Davangere Sugar Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.96 11.38 8.12 9.11 8.38

Davangere Sugar Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.00 10.80 4.12 7.04 14.53

Competitive Comparison of Davangere Sugar Co's Effective Interest Rate on Debt %

For the Confectioners subindustry, Davangere Sugar Co'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.


Davangere Sugar Co's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Davangere Sugar Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Davangere Sugar Co's Effective Interest Rate on Debt % falls into.



Davangere Sugar Co Effective Interest Rate on Debt % Calculation

Davangere Sugar Co'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  *  -238.9/( (2588.8+3110.5)/ 2 )
=-1  *  -238.9/2849.65
=8.38 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1091.7 + 1497.1
=2588.8

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1154 + 1956.5
=3110.5

Davangere Sugar Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -409.756/( (0+2819.444)/ 1 )
=-1  *  -409.756/2819.444
=14.53 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=959.033 + 1860.411
=2819.444

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


Davangere Sugar Co  (NSE:DAVANGERE) Effective Interest Rate on Debt % Explanation

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


Davangere Sugar Co Effective Interest Rate on Debt % Related Terms

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Davangere Sugar Co Business Description

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Traded in Other Exchanges
Address
No. 19, Shivashankar Plaza, Lalbagh Road, 3rd Floor, Richmond Circle, Banglore, KA, IND, 560 027
Davangere Sugar Co Ltd is engaged in the business of Sugar Manufacturing (By-product Molasses) from Sugarcane and Co-generation of Electricity Power. It is operating in various business segments, such as Sugar, Co-Generation, Aviation and Others.

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