Future Retail (NSE:FRETAIL) Effective Interest Rate on Debt %: 9.92% (As of Dec. 2021)


NSE:FRETAIL Future Retail Ltd NSE:FRETAIL
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What is Future Retail Effective Interest Rate on Debt %?

Future Retail NSE:FRETAIL 4 Effective Interest Rate on Debt % is 9.92% as of Dec. 2021. GuruFocus rates NSE:FRETAIL with a GF Score™ of 4/100.

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. Future Retail's annualized positive value of Interest Expense for the quarter that ended in Dec. 2021 was ₹13,772 Mil. Future Retail's average total debt for the quarter that ended in Dec. 2021 was ₹138,799 Mil. Therefore, Future Retail's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 was 9.92%.

Future Retail  (NSE:FRETAIL) Effective Interest Rate on Debt % Explanation

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

Future Retail Effective Interest Rate on Debt % Related Terms

Future Retail Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Future Retail'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.

Future Retail Effective Interest Rate on Debt % Chart

Future Retail Annual Data
Trend Dec11 Dec12 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 16.73 13.21 11.15 14.31 11.93

Future Retail Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 13.64 12.76 10.81 10.50 9.92

NSE:FRETAIL vs M, KSS, DDS: Effective Interest Rate on Debt % Comparison

For the Department Stores subindustry, Future Retail'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.

Future Retail Effective Interest Rate on Debt % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Future Retail's Effective Interest Rate on Debt % distribution charts can be found below:

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


NSE:FRETAIL
4GF Score
Future Retail Ltd NSE:FRETAIL
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Future Retail Effective Interest Rate on Debt % Calculation

Future Retail's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2020 )+Total Debt  (A: Mar. 2021 ))/ count )
=-1  *  -14610.5/( (113901.1+131053.7)/ 2 )
=-1  *  -14610.5/122477.4
=11.93 %

where

Total Debt  (A: Mar. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=62863.7 + 51037.4
=113901.1

Total Debt  (A: Mar. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=53935.1 + 77118.6
=131053.7

Future Retail's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2021 )+Total Debt  (Q: Dec. 2021 ))/ count )
=-1  *  -13771.6/( (138799+0)/ 1 )
=-1  *  -13771.6/138799
=9.92 %

where

Total Debt  (Q: Sep. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=47206.9 + 91592.1
=138799

Total Debt  (Q: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

* 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 (Dec. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 9.92% mean?
Future Retail (NSE:FRETAIL) has a Effective Interest Rate on Debt % of 9.92% as of Dec. 2021. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Future Retail and its competitors.
Is Future Retail's Effective Interest Rate on Debt % too high?
Future Retail's current Effective Interest Rate on Debt % is 9.92%. Overall, Future Retail has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Future Retail's Effective Interest Rate on Debt % compare to M and KSS?
Future Retail's Effective Interest Rate on Debt % of 9.92% can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Retail - Cyclical company?
A good Effective Interest Rate on Debt % depends on the Retail - Cyclical industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Future Retail and its competitors. Future Retail's current Effective Interest Rate on Debt % is 9.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Retail stock overvalued right now?
Future Retail (NSE:FRETAIL) has a current Effective Interest Rate on Debt % of 9.92%. The current Effective Interest Rate on Debt % is 9.92%. Future Retail's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Future Retail (NSE:FRETAIL), the current Effective Interest Rate on Debt % is 9.92% as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Future Retail Business Description

Address Off. Jogeshwari-Vikhroli Link Road, Knowledge House, Shyam Nagar, Jogeshwari (East), Mumbai, MH, IND, 400 060
Future Retail Ltd is an India-based company engaged in the business of multi-brand retail trading. The company's store networks are operated under various brand names, including Big Bazaar, easyday, fbb, and Foodhall. The company focuses on the hypermarket, supermarket, and home solutions segment.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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