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Mos Utility (NSE:MOS) Effective Interest Rate on Debt % : 8.44% (As of Sep. 2022)


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What is Mos Utility 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. Mos Utility's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was ₹9.2 Mil. Mos Utility's average total debt for the quarter that ended in Sep. 2022 was ₹108.7 Mil. Therefore, Mos Utility's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 8.44%.


Mos Utility Effective Interest Rate on Debt % Historical Data

The historical data trend for Mos Utility'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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Mos Utility Effective Interest Rate on Debt % Chart

Mos Utility Annual Data
Trend Mar20 Mar21 Mar22
Effective Interest Rate on Debt %
6.80 6.23 8.90

Mos Utility Semi-Annual Data
Mar20 Mar21 Mar22 Sep22
Effective Interest Rate on Debt % - - - 8.44

Competitive Comparison of Mos Utility's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, Mos Utility'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.


Mos Utility's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mos Utility's Effective Interest Rate on Debt % distribution charts can be found below:

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



Mos Utility Effective Interest Rate on Debt % Calculation

Mos Utility's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2021 )+Total Debt  (A: Mar. 2022 ))/ count )
=-1  *  -9.387/( (81.224+129.631)/ 2 )
=-1  *  -9.387/105.4275
=8.90 %

where

Total Debt  (A: Mar. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.726 + 70.498
=81.224

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=56.946 + 72.685
=129.631

Mos Utility's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2022 )+Total Debt  (Q: Sep. 2022 ))/ count )
=-1  *  -9.178/( (129.631+87.859)/ 2 )
=-1  *  -9.178/108.745
=8.44 %

where

Total Debt  (Q: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=56.946 + 72.685
=129.631

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=53.198 + 34.661
=87.859

* 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. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Mos Utility  (NSE:MOS) Effective Interest Rate on Debt % Explanation

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


Mos Utility Effective Interest Rate on Debt % Related Terms

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Mos Utility (NSE:MOS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Atul First Avenue, Mulund Link Road, 12th Floor, Above Kia Motors Showroom, Goregaon, Malad West, Mumbai, MH, IND, 400064
Mos Utility Ltd provides digital products and services in the B2C, B2B, and financial technology fields through an integrated business model. The company provides business opportunities for shopkeepers, retailers, students, housewives, professionals, and insurance agents to start their own online e-commerce business to promote the government's Vocal for Local campaign. The company recognises revenue from sale of Adhar Enabled Payment System and Micro ATM devices. MOS has seven primary business segments, namely: banking, travel, insurance, utility services, entertainment services, franchisee, and other services.

Mos Utility (NSE:MOS) Headlines