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Kirloskar Electric Co (NSE:KECL) Effective Interest Rate on Debt % : 19.49% (As of Dec. 2024)


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What is Kirloskar Electric Co 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. Kirloskar Electric Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ₹220 Mil. Kirloskar Electric Co's average total debt for the quarter that ended in Dec. 2024 was ₹1,127 Mil. Therefore, Kirloskar Electric Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 19.49%.


Kirloskar Electric Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Kirloskar Electric Co'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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Kirloskar Electric Co Effective Interest Rate on Debt % Chart

Kirloskar Electric Co 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 18.14 15.31 17.91 13.75 16.68

Kirloskar Electric Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 20.43 8.12 20.62 20.84 19.49

Competitive Comparison of Kirloskar Electric Co's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Kirloskar Electric Co'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.


Kirloskar Electric Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Kirloskar Electric Co's Effective Interest Rate on Debt % falls into.


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Kirloskar Electric Co Effective Interest Rate on Debt % Calculation

Kirloskar Electric Co'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  *  -216.778/( (1334.526+1264.779)/ 2 )
=-1  *  -216.778/1299.6525
=16.68 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1334.526
=1334.526

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1264.779
=1264.779

Kirloskar Electric Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -219.6/( (1126.8+0)/ 1 )
=-1  *  -219.6/1126.8
=19.49 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1126.8
=1126.8

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


Kirloskar Electric Co  (NSE:KECL) Effective Interest Rate on Debt % Explanation

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


Kirloskar Electric Co Effective Interest Rate on Debt % Related Terms

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Kirloskar Electric Co Business Description

Traded in Other Exchanges
Address
No. 19, 2nd Main Road, Peenya 1st Stage, Phase-1, Peenya, Bangalore, KA, IND, 560058
Kirloskar Electric Co Ltd is an electrical engineering company. The company is engaged in the manufacture of electrical equipment like motors, alternators and generators, switchgear, transformers, DG sets, and others in India and internationally. The company has different product groups like transformer and distribution groups, large machine groups, low voltage machine groups, and power generation groups. The company caters to economic sectors like power generation, transmission and distribution, transportation, renewable energy, and others. The operating reportable segments of the company are; Power generation and distribution, Rotating machine group, and Others. The company generates maximum revenue from the Rotating machines group segment.

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