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Graphite India (NSE:GRAPHITE) Effective Interest Rate on Debt % : 6.78% (As of Mar. 2024)


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What is Graphite 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. Graphite India's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹120 Mil. Graphite India's average total debt for the quarter that ended in Mar. 2024 was ₹1,770 Mil. Therefore, Graphite India's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.78%.


Graphite India Effective Interest Rate on Debt % Historical Data

The historical data trend for Graphite 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.

* Premium members only.

Graphite India Effective Interest Rate on Debt % Chart

Graphite India 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 4.51 1.82 1.31 3.00 5.58

Graphite India 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 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 3.70 5.56 4.65 4.65 6.78

Competitive Comparison of Graphite India's Effective Interest Rate on Debt %

For the Electrical Equipment & Parts subindustry, Graphite 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.


Graphite India's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Graphite India's Effective Interest Rate on Debt % distribution charts can be found below:

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



Graphite India Effective Interest Rate on Debt % Calculation

Graphite India'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  *  -170/( (4320.2+1770)/ 2 )
=-1  *  -170/3045.1
=5.58 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=62.6 + 4257.6
=4320.2

Graphite India'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  *  -120/( (0+1770)/ 1 )
=-1  *  -120/1770
=6.78 %

where

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


Graphite India  (NSE:GRAPHITE) Effective Interest Rate on Debt % Explanation

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


Graphite India Effective Interest Rate on Debt % Related Terms

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Graphite India (NSE:GRAPHITE) Business Description

Traded in Other Exchanges
Address
31, Chowringhee Road, Kolkata, WB, IND, 700 016
Graphite India Ltd is an industrial products manufacturer in India. It manufactures graphite electrodes and graphite-based products. Its segments are Graphite and Carbon Segment and Other segments. The company also manufactures other products like Impervious Graphite Equipment and Spares, steel and alloy steel, reinforced plastic pipes, and many more.

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