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Garden Reach Shipbuilders & Engineers (NSE:GRSE) Effective Interest Rate on Debt % : 56.17% (As of Mar. 2025)


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What is Garden Reach Shipbuilders & Engineers 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. Garden Reach Shipbuilders & Engineers's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹54 Mil. Garden Reach Shipbuilders & Engineers's average total debt for the quarter that ended in Mar. 2025 was ₹97 Mil. Therefore, Garden Reach Shipbuilders & Engineers's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 56.17%.


Garden Reach Shipbuilders & Engineers Effective Interest Rate on Debt % Historical Data

The historical data trend for Garden Reach Shipbuilders & Engineers'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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Garden Reach Shipbuilders & Engineers Effective Interest Rate on Debt % Chart

Garden Reach Shipbuilders & Engineers Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.83 19.18 4.01 6.08 27.40

Garden Reach Shipbuilders & Engineers Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 19.84 25.82 100.58 96.52 56.17

Competitive Comparison of Garden Reach Shipbuilders & Engineers's Effective Interest Rate on Debt %

For the Aerospace & Defense subindustry, Garden Reach Shipbuilders & Engineers'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.


Garden Reach Shipbuilders & Engineers's Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Garden Reach Shipbuilders & Engineers's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Garden Reach Shipbuilders & Engineers's Effective Interest Rate on Debt % falls into.


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Garden Reach Shipbuilders & Engineers Effective Interest Rate on Debt % Calculation

Garden Reach Shipbuilders & Engineers's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2024 )+Total Debt  (A: Mar. 2025 ))/ count )
=-1  *  -103.228/( (656.706+96.688)/ 2 )
=-1  *  -103.228/376.697
=27.40 %

where

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=82.884 + 573.822
=656.706

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=76.208 + 20.48
=96.688

Garden Reach Shipbuilders & Engineers's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -54.312/( (0+96.688)/ 1 )
=-1  *  -54.312/96.688
=56.17 %

where

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=76.208 + 20.48
=96.688

* 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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Garden Reach Shipbuilders & Engineers  (NSE:GRSE) Effective Interest Rate on Debt % Explanation

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


Garden Reach Shipbuilders & Engineers Effective Interest Rate on Debt % Related Terms

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Garden Reach Shipbuilders & Engineers Business Description

Traded in Other Exchanges
Address
61, Garden Reach Road, GRSE Bhavan, Kolkata, WB, IND, 700 024
Garden Reach Shipbuilders & Engineers Ltd is an India based shipbuilding company. It is mainly engaged in the engineering and engine production activities. The company offers products and services in three verticals including shipbuilding, engineering, and, engine production. Its product portfolio includes deck machinery items, pumps, portable steel bridges, boat davits, anchors, mooring and dock capstans, and engines.

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