Homesfy Realty (NSE:HOMESFY) Effective Interest Rate on Debt % : 8.37% (As of Mar. 2024)

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What is Homesfy Realty 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. Homesfy Realty's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹0.1 Mil. Homesfy Realty's average total debt for the quarter that ended in Mar. 2024 was ₹1.6 Mil. Therefore, Homesfy Realty's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.37%.

Homesfy Realty Effective Interest Rate on Debt % Historical Data

The historical data trend for Homesfy Realty'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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Homesfy Realty Effective Interest Rate on Debt % Chart

Homesfy Realty Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

5.02

343.72

8.37

Homesfy Realty Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Effective Interest Rate on Debt %	-	-	5.02	343.72	8.37

Competitive Comparison of Homesfy Realty's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Homesfy Realty'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.

Homesfy Realty's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Homesfy Realty's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Homesfy Realty Effective Interest Rate on Debt % Calculation

Homesfy Realty'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 * -0.138	/	( (1.856	+	1.441)	/ 2 )
=	-1 * -0.138	/	1.6485
=	8.37 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.856	+	0
=	1.856

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.441	+	0
=	1.441

Homesfy Realty'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: Mar. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -0.138	/	( (1.856	+	1.441)	/ 2 )
=	-1 * -0.138	/	1.6485
=	8.37 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.856	+	0
=	1.856

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.441	+	0
=	1.441

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

Homesfy Realty (NSE:HOMESFY) Effective Interest Rate on Debt % Explanation

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

Homesfy Realty Effective Interest Rate on Debt % Related Terms

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Homesfy Realty Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Homesfy Realty Ltd (NSE:HOMESFY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1602, 16th Floor, Dev Corpora, Near Cadbury Junction, Eastern Express Highway, Thane (West), Thane, MH, IND, 400601

Website

https://www.homesfy.in

Homesfy Realty Ltd is engaged in providing real estate broking services to Real Estate Developers, retail buyers/sellers, and investors for residential and commercial space. It deals in newly constructed properties, whereby it assists Real Estate Developers in selling and potential customers in purchasing the properties. The company operates its business through direct selling from its in-house sales team and Direct Selling Agent listed on the Mymagnet platform for referral services.

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