Digikore Studios (NSE:DIGIKORE) Effective Interest Rate on Debt % : 11.21% (As of Sep. 2024)

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What is Digikore Studios 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. Digikore Studios's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹19.0 Mil. Digikore Studios's average total debt for the quarter that ended in Sep. 2024 was ₹169.9 Mil. Therefore, Digikore Studios's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 11.21%.

Digikore Studios Effective Interest Rate on Debt % Historical Data

The historical data trend for Digikore Studios'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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Digikore Studios Effective Interest Rate on Debt % Chart

Digikore Studios Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

14.68

9.41

15.04

16.25

Digikore Studios Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	-	25.30	9.94	11.21

Competitive Comparison of Digikore Studios's Effective Interest Rate on Debt %

For the Entertainment subindustry, Digikore Studios'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.

Digikore Studios's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Digikore Studios's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Digikore Studios Effective Interest Rate on Debt % Calculation

Digikore Studios'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 * -12.029	/	( (60.855	+	87.171)	/ 2 )
=	-1 * -12.029	/	74.013
=	16.25 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.763	+	50.092
=	60.855

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	80.346	+	6.825
=	87.171

Digikore Studios'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: Mar. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -19.044	/	( (87.171	+	252.61)	/ 2 )
=	-1 * -19.044	/	169.8905
=	11.21 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	80.346	+	6.825
=	87.171

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	86	+	166.61
=	252.61

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

Digikore Studios (NSE:DIGIKORE) Effective Interest Rate on Debt % Explanation

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

Digikore Studios Effective Interest Rate on Debt % Related Terms

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Digikore Studios Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Digikore Studios Ltd (NSE:DIGIKORE) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Lalwani Tirumph, 4th Floor, Sakore Nagar, Viman Nagar, Pune, MH, IND, 411014

Website

https://www.digikorevfx.com

Digikore Studios Ltd serves as a hub for top-tier industry talent. Having a production facility in India, It specializes in delivering Visual Effects (VFX) for a diverse range of projects such as Films, Web Series, TV Series, Documentaries, and Commercials, all while maintaining emphasis on cost-effectiveness. The company provides Visual Effects services such as Animation, Comics, Roto, matchmaking, paints for Films, TV series, Web series, Documentaries & commercials, and the creation of sets for virtual Production. Geographically, the company generates the majority of its revenue from Outside India.

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