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Jalan Transolutions (India) (NSE:JALAN) Effective Interest Rate on Debt % : 0.67% (As of Sep. 2023)


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What is Jalan Transolutions (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. Jalan Transolutions (India)'s annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₹2.80 Mil. Jalan Transolutions (India)'s average total debt for the quarter that ended in Sep. 2023 was ₹418.12 Mil. Therefore, Jalan Transolutions (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.67%.


Jalan Transolutions (India) Effective Interest Rate on Debt % Historical Data

The historical data trend for Jalan Transolutions (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.

Jalan Transolutions (India) Effective Interest Rate on Debt % Chart

Jalan Transolutions (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.85 2.08 4.34 2.50 2.60

Jalan Transolutions (India) Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 3.34 1.00 4.48 1.41 0.67

Competitive Comparison of Jalan Transolutions (India)'s Effective Interest Rate on Debt %

For the Trucking subindustry, Jalan Transolutions (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.


Jalan Transolutions (India)'s Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jalan Transolutions (India)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Jalan Transolutions (India)'s Effective Interest Rate on Debt % falls into.



Jalan Transolutions (India) Effective Interest Rate on Debt % Calculation

Jalan Transolutions (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  *  -9.103/( (281.042+420.531)/ 2 )
=-1  *  -9.103/350.7865
=2.60 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=57.782 + 223.26
=281.042

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=50.945 + 369.586
=420.531

Jalan Transolutions (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -2.8/( (420.531+415.703)/ 2 )
=-1  *  -2.8/418.117
=0.67 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=50.945 + 369.586
=420.531

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=49.688 + 366.015
=415.703

* 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 two times the semi-annual (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Jalan Transolutions (India)  (NSE:JALAN) Effective Interest Rate on Debt % Explanation

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


Jalan Transolutions (India) Effective Interest Rate on Debt % Related Terms

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Jalan Transolutions (India) (NSE:JALAN) Business Description

Traded in Other Exchanges
N/A
Address
2F-CS-38, Second Floor, Ansal Plaza, Vaishali, Ghaziabad, UP, IND, 201010
Jalan Transolutions (India) Ltd is engaged in providing transportation services. The company provides logistics services and have fleets specialized in providing Transportation services to Two Wheeler OEM's.

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