MEP Infrastructure Developers (NSE:MEP) Effective Interest Rate on Debt %: 25.13% (As of Mar. 2024)

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NSE:MEP MEP Infrastructure Developers Ltd NSE:MEP
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What is MEP Infrastructure Developers Effective Interest Rate on Debt %?

MEP Infrastructure Developers NSE:MEP -1.79% 4 Effective Interest Rate on Debt % is 25.13% as of Mar. 2024. GuruFocus rates NSE:MEP with a GF Score™ of 4/100.

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. MEP Infrastructure Developers's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹830.8 Mil. MEP Infrastructure Developers's average total debt for the quarter that ended in Mar. 2024 was ₹3,306.1 Mil. Therefore, MEP Infrastructure Developers's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 25.13%.


MEP Infrastructure Developers  (NSE:MEP) Effective Interest Rate on Debt % Explanation

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


MEP Infrastructure Developers Effective Interest Rate on Debt % Related Terms


MEP Infrastructure Developers Effective Interest Rate on Debt % Historical Data

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The historical data trend for MEP Infrastructure Developers'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.

MEP Infrastructure Developers Effective Interest Rate on Debt % Chart

MEP Infrastructure Developers 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 15.22 13.68 12.85 5.75 19.96

MEP Infrastructure Developers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.30 13.06 24.60 16.30 25.13

NSE:MEP vs VRRM: Effective Interest Rate on Debt % Comparison

For the Infrastructure Operations subindustry, MEP Infrastructure Developers'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.


MEP Infrastructure Developers Effective Interest Rate on Debt % vs Construction Industry

For the Construction industry and Industrials sector, MEP Infrastructure Developers's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where MEP Infrastructure Developers's Effective Interest Rate on Debt % falls into.


NSE:MEP
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MEP Infrastructure Developers Ltd NSE:MEP
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MEP Infrastructure Developers Effective Interest Rate on Debt % Calculation

MEP Infrastructure Developers'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  *  -743.4/( (4142.765+3306.111)/ 2 )
=-1  *  -743.4/3724.438
=19.96 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=558.369 + 3584.396
=4142.765

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 3306.111
=3306.111

MEP Infrastructure Developers'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: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -830.832/( (0+3306.111)/ 1 )
=-1  *  -830.832/3306.111
=25.13 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 3306.111
=3306.111

* 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 (Mar. 2024) 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 25.13% mean?
MEP Infrastructure Developers (NSE:MEP) has a Effective Interest Rate on Debt % of 25.13% as of Mar. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on MEP Infrastructure Developers and its competitors.
Is MEP Infrastructure Developers' Effective Interest Rate on Debt % too high?
MEP Infrastructure Developers' current Effective Interest Rate on Debt % is 25.13%. Overall, MEP Infrastructure Developers has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does MEP Infrastructure Developers' Effective Interest Rate on Debt % compare to VRRM?
MEP Infrastructure Developers' Effective Interest Rate on Debt % of 25.13% can be compared against companies in the Construction 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 Construction company?
A good Effective Interest Rate on Debt % depends on the Construction 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 MEP Infrastructure Developers and its competitors. MEP Infrastructure Developers's current Effective Interest Rate on Debt % is 25.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEP Infrastructure Developers stock overvalued right now?
MEP Infrastructure Developers (NSE:MEP) has a current Effective Interest Rate on Debt % of 25.13%. The current Effective Interest Rate on Debt % is 25.13%. MEP Infrastructure Developers' overall GF Score™ is 4/100. 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 MEP Infrastructure Developers (NSE:MEP), the current Effective Interest Rate on Debt % is 25.13% as of Mar. 2024. 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.

MEP Infrastructure Developers Business Description

Address Hindu Colony, Sir Bhalchandra Road, 2102, Floor-21st, Plot-62, Kesar Equinox, Dadar (East), Mumbai, MH, IND, 400014
MEP Infrastructure Developers Ltd is an India-based infrastructure company. It is engaged in the business activities of road construction, operation, maintenance and toll collection. The group operates in the business segments of Toll collection, Operation and Maintenance, and Construction. It generates maximum revenue from the Toll collection and repairs and maintenance segments. The company provides toll management service and assists its clients in addressing the complexities of the implementation and operation of toll systems. The organization also helps in the installation of electronic toll and cash collection systems, communication networks, and intelligent transportation systems. It principally operates in India.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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