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Maitreya Medicare (NSE:MAITREYA) Effective Interest Rate on Debt % : 11.37% (As of Sep. 2023)


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What is Maitreya Medicare 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. Maitreya Medicare's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₹6.3 Mil. Maitreya Medicare's average total debt for the quarter that ended in Sep. 2023 was ₹55.3 Mil. Therefore, Maitreya Medicare's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 11.37%.


Maitreya Medicare Effective Interest Rate on Debt % Historical Data

The historical data trend for Maitreya Medicare'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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Maitreya Medicare Effective Interest Rate on Debt % Chart

Maitreya Medicare Annual Data
Trend Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
6.90 7.26 8.46

Maitreya Medicare Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Effective Interest Rate on Debt % - - - 11.37

Competitive Comparison of Maitreya Medicare's Effective Interest Rate on Debt %

For the Medical Care Facilities subindustry, Maitreya Medicare'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.


Maitreya Medicare's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Maitreya Medicare's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Maitreya Medicare Effective Interest Rate on Debt % Calculation

Maitreya Medicare'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  *  -5.65/( (75.024+58.513)/ 2 )
=-1  *  -5.65/66.7685
=8.46 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=62.627 + 12.397
=75.024

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45.646 + 12.867
=58.513

Maitreya Medicare'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  *  -6.282/( (58.513+52.021)/ 2 )
=-1  *  -6.282/55.267
=11.37 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45.646 + 12.867
=58.513

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=39.16 + 12.861
=52.021

* 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.


Maitreya Medicare  (NSE:MAITREYA) Effective Interest Rate on Debt % Explanation

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


Maitreya Medicare Effective Interest Rate on Debt % Related Terms

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Maitreya Medicare Business Description

Traded in Other Exchanges
N/A
Address
Nr. Someshwara Char Rasta, Udhana - Magdalla Road, Surat, GJ, IND, 395007
Maitreya Medicare Ltd is Multi Superspeciality hospital. It is a 125 bedded hospital that provides multi-disciplinary integrated healthcare services, with a focus on primary secondary & tertiary care, and also offers a comprehensive range of healthcare services across over 18 specialties and super specialties, including Cardiology, Urology, Oncology, Laparoscopic Surgery, Neurology, Neurosurgery, Spine Surgery, Nephrology including Dialysis, Gastroenterology, Gastrointestinal surgery, Cardiothoracic Surgery, Oncosurgery, Orthopedic Surgery including joint replacements and Arthroscopic surgeries, Gynecology & High-Risk Obstetrics, Hepatocellular Billary Surgery, Critical Care Medicine etc.

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