Federal-Mogul Goetze (India) (NSE:FMGOETZE) Effective Interest Rate on Debt % : 56.61% (As of Dec. 2023)

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What is Federal-Mogul Goetze (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. Federal-Mogul Goetze (India)'s annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹48 Mil. Federal-Mogul Goetze (India)'s average total debt for the quarter that ended in Dec. 2023 was ₹86 Mil. Therefore, Federal-Mogul Goetze (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 56.61%.

Federal-Mogul Goetze (India) Effective Interest Rate on Debt % Historical Data

The historical data trend for Federal-Mogul Goetze (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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Federal-Mogul Goetze (India) Effective Interest Rate on Debt % Chart

Federal-Mogul Goetze (India) Annual Data

Trend

Dec13

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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21.57

27.56

40.88

46.11

44.93

Federal-Mogul Goetze (India) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															36.59	50.07	48.66	58.06	56.61

Competitive Comparison of Federal-Mogul Goetze (India)'s Effective Interest Rate on Debt %

For the Auto Parts subindustry, Federal-Mogul Goetze (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.

Federal-Mogul Goetze (India)'s Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Federal-Mogul Goetze (India)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Federal-Mogul Goetze (India)'s Effective Interest Rate on Debt % falls into.

Federal-Mogul Goetze (India) Effective Interest Rate on Debt % Calculation

Federal-Mogul Goetze (India)'s annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -38.714	/	( (89.297	+	83.049)	/ 2 )
=	-1 * -38.714	/	86.173
=	44.93 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	83.05	+	6.247
=	89.297

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	76.114	+	6.935
=	83.049

Federal-Mogul Goetze (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -48.496	/	( (85.663	+	0)	/ 1 )
=	-1 * -48.496	/	85.663
=	56.61 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	71.194	+	14.469
=	85.663

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

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Federal-Mogul Goetze (India) (NSE:FMGOETZE) Effective Interest Rate on Debt % Explanation

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

Federal-Mogul Goetze (India) Effective Interest Rate on Debt % Related Terms

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Federal-Mogul Goetze (India) (NSE:FMGOETZE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Federal-Mogul Goetze (India) Ltd (NSE:FMGOETZE) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

505744:India

Address

Golf Course Road, Sector-54, 10th Floor, Tower B, Paras Twin Towers, Gurugram, HR, IND, 122 002

Website

http://www.federalmogulgoetzeindia.net

Federal-Mogul Goetze (India) Ltd is engaged in the manufacture, supply, and distribution of automotive components used in automobiles. It offers Pistons, Piston rings, Sintered parts, and Cylinder liners which are used for cars, SUVs, tractors, commercial vehicles, stationary engines, and high-output locomotive diesel engines. It is principally in the automotive components segment. The group has a business presence in India and other countries, of which a majority of revenue is generated within India.

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