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Monte Carlo Fashions (NSE:MONTECARLO) Effective Interest Rate on Debt % : 9.14% (As of Mar. 2025)


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What is Monte Carlo Fashions 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. Monte Carlo Fashions's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹470 Mil. Monte Carlo Fashions's average total debt for the quarter that ended in Mar. 2025 was ₹5,144 Mil. Therefore, Monte Carlo Fashions's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 9.14%.


Monte Carlo Fashions Effective Interest Rate on Debt % Historical Data

The historical data trend for Monte Carlo Fashions'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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Monte Carlo Fashions Effective Interest Rate on Debt % Chart

Monte Carlo Fashions Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.48 11.42 10.04 10.51 10.62

Monte Carlo Fashions Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 10.13 9.48 7.23 8.90 9.14

Competitive Comparison of Monte Carlo Fashions's Effective Interest Rate on Debt %

For the Apparel Manufacturing subindustry, Monte Carlo Fashions'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.


Monte Carlo Fashions's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Monte Carlo Fashions's Effective Interest Rate on Debt % falls into.


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Monte Carlo Fashions Effective Interest Rate on Debt % Calculation

Monte Carlo Fashions's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2024 )+Total Debt  (A: Mar. 2025 ))/ count )
=-1  *  -475.9/( (3819.7+5144.1)/ 2 )
=-1  *  -475.9/4481.9
=10.62 %

where

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1285.2 + 2534.5
=3819.7

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1781.5 + 3362.6
=5144.1

Monte Carlo Fashions's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -470.4/( (0+5144.1)/ 1 )
=-1  *  -470.4/5144.1
=9.14 %

where

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1781.5 + 3362.6
=5144.1

* 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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Monte Carlo Fashions  (NSE:MONTECARLO) Effective Interest Rate on Debt % Explanation

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


Monte Carlo Fashions Effective Interest Rate on Debt % Related Terms

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Monte Carlo Fashions Business Description

Traded in Other Exchanges
Address
B-XXIX-106, G.T. Road, Sherpur, Ludhiana, PB, IND, 141003
Monte Carlo Fashions Ltd is engaged in the manufacturing and trading of textile garments and clothing accessories. It offers products comprising of knitted and woven woolen apparel, cotton and cotton-blended apparel, kids wear, and home furnishing. The products are offered under its brand MONTE CARLO. The company's products reach the end-user through different channels, including brand outlets, multi-brand outlets, format outlets, and through e-commerce websites. The company generated revenue through exports as well as domestic sales; of which the revenue generated from domestic sales was the highest. Its business operation comprises of single operating segment of manufacturing or trading of textile garments.

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