Kalahridhaan Trendz (NSE:KTL) Effective Interest Rate on Debt %: 10.08% (As of Sep. 2023)

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NSE:KTL Kalahridhaan Trendz Ltd NSE:KTL
10 GF Score
Price ₹4.85
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What is Kalahridhaan Trendz Effective Interest Rate on Debt %?

Kalahridhaan Trendz NSE:KTL 10 Effective Interest Rate on Debt % is 10.08% as of Sep. 2023. GuruFocus rates NSE:KTL with a GF Score™ of 10/100.

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. Kalahridhaan Trendz's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₹64.6 Mil. Kalahridhaan Trendz's average total debt for the quarter that ended in Sep. 2023 was ₹640.4 Mil. Therefore, Kalahridhaan Trendz's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 10.08%.


Kalahridhaan Trendz  (NSE:KTL) Effective Interest Rate on Debt % Explanation

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


Kalahridhaan Trendz Effective Interest Rate on Debt % Related Terms


Kalahridhaan Trendz Effective Interest Rate on Debt % Historical Data

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The historical data trend for Kalahridhaan Trendz'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.

Kalahridhaan Trendz Effective Interest Rate on Debt % Chart

Kalahridhaan Trendz Annual Data
Trend Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
7.51 6.29 7.88

Kalahridhaan Trendz Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Effective Interest Rate on Debt % 0.00 0.00 0.00 10.08

Kalahridhaan Trendz Effective Interest Rate on Debt % Competitor Comparison

For the Textile Manufacturing subindustry, Kalahridhaan Trendz'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.


Kalahridhaan Trendz Effective Interest Rate on Debt % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kalahridhaan Trendz's Effective Interest Rate on Debt % distribution charts can be found below:

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


NSE:KTL
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Kalahridhaan Trendz Ltd NSE:KTL
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kalahridhaan Trendz Effective Interest Rate on Debt % Calculation

Kalahridhaan Trendz'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  *  -44.753/( (524.99+610.533)/ 2 )
=-1  *  -44.753/567.7615
=7.88 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=163.2 + 361.79
=524.99

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=240.172 + 370.361
=610.533

Kalahridhaan Trendz'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  *  -64.578/( (610.533+670.243)/ 2 )
=-1  *  -64.578/640.388
=10.08 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=240.172 + 370.361
=610.533

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=228.571 + 441.672
=670.243

* 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.

What does a Effective Interest Rate on Debt % of 10.08% mean?
Kalahridhaan Trendz (NSE:KTL) has a Effective Interest Rate on Debt % of 10.08% as of Sep. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Kalahridhaan Trendz and its competitors.
Is Kalahridhaan Trendz's Effective Interest Rate on Debt % too high?
Kalahridhaan Trendz's current Effective Interest Rate on Debt % is 10.08%. Overall, Kalahridhaan Trendz has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Kalahridhaan Trendz's Effective Interest Rate on Debt % compare to competitors?
Kalahridhaan Trendz's Effective Interest Rate on Debt % of 10.08% can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Manufacturing - Apparel & Accessories company?
A good Effective Interest Rate on Debt % depends on the Manufacturing - Apparel & Accessories industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Kalahridhaan Trendz and its competitors. Kalahridhaan Trendz's current Effective Interest Rate on Debt % is 10.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalahridhaan Trendz stock overvalued right now?
Kalahridhaan Trendz (NSE:KTL) has a current Effective Interest Rate on Debt % of 10.08%. The current Effective Interest Rate on Debt % is 10.08%. Kalahridhaan Trendz's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Kalahridhaan Trendz (NSE:KTL), the current Effective Interest Rate on Debt % is 10.08% as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kalahridhaan Trendz Business Description

Address Near Narol Cross Road, 57, Ashra Industrial Estate, Behind Mahalaxmi Fabrics, Narol, Ahmedabad, GJ, IND, 382405
Kalahridhaan Trendz Ltd is engaged mainly in the business of manufacturing and trading of Fabric with embroidery works, Trading of grey cloths, purchase of grey cloth and printing and dyeing for preparing suiting, shirting and dress materials for sale in the B2B market only. It is preparing the suiting, shirting & dress material products and focuses on the wholesale market. It is the first stage wholesalers, that directly supply the material to the wholesalers.
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