Bharti Airtel (NSE:E1AIRTELPP) Effective Interest Rate on Debt % : 9.59% (As of Mar. 2024)

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What is Bharti Airtel 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. Bharti Airtel's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹208,132 Mil. Bharti Airtel's average total debt for the quarter that ended in Mar. 2024 was ₹2,170,388 Mil. Therefore, Bharti Airtel's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 9.59%.

Bharti Airtel Effective Interest Rate on Debt % Historical Data

The historical data trend for Bharti Airtel'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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Bharti Airtel Effective Interest Rate on Debt % Chart

Bharti Airtel Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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7.96

7.99

7.97

9.75

10.26

Bharti Airtel Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	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															9.22	9.96	9.38	12.20	9.59

Competitive Comparison of Bharti Airtel's Effective Interest Rate on Debt %

For the Telecom Services subindustry, Bharti Airtel'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.

Bharti Airtel's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bharti Airtel's Effective Interest Rate on Debt % distribution charts can be found below:

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

Bharti Airtel Effective Interest Rate on Debt % Calculation

Bharti Airtel'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 * -226477	/	( (2260203	+	2155923)	/ 2 )
=	-1 * -226477	/	2208063
=	10.26 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2023981	+	236222
=	2260203

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1848897	+	307026
=	2155923

Bharti Airtel'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 * -208132	/	( (2184853	+	2155923)	/ 2 )
=	-1 * -208132	/	2170388
=	9.59 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1922770	+	262083
=	2184853

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1848897	+	307026
=	2155923

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.

Bharti Airtel (NSE:E1AIRTELPP) Effective Interest Rate on Debt % Explanation

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

Bharti Airtel Effective Interest Rate on Debt % Related Terms

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Bharti Airtel (NSE:E1AIRTELPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Bharti Airtel Ltd (NSE:E1AIRTELPP) » Definitions » Effective Interest Rate on Debt %

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890157:India BHARTIARTL:India 532454:India

Address

1, Nelson Mandela Road, Bharti Crescent, Phase II, Vasant Kunj, New Delhi, IND, 110 070

Website

https://www.airtel.com

Bharti Airtel Ltd is a telecommunications company. The company's segment includes Mobile Services India; Mobile Services Africa; Mobile Services South Asia; Airtel Business; Tower Infrastructure Services; Homes Services; Digital TV Services and others. It generates maximum revenue from the Mobile Services India segment. Mobile Services India services cover voice and data telecom services provided through wireless technology (2G / 3G / 4G) in India. It includes the captive national long distance networks which primarily provide connectivity to the mobile services business in India. It also includes intra-city fibre networks.

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