Neogen Chemicals (NSE:NEOGEN) Effective Interest Rate on Debt % : 8.38% (As of Mar. 2025)

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What is Neogen Chemicals 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. Neogen Chemicals's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹500 Mil. Neogen Chemicals's average total debt for the quarter that ended in Mar. 2025 was ₹5,967 Mil. Therefore, Neogen Chemicals's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 8.38%.

Neogen Chemicals Effective Interest Rate on Debt % Historical Data

The historical data trend for Neogen Chemicals'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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Neogen Chemicals Effective Interest Rate on Debt % Chart

Neogen Chemicals Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Effective Interest Rate on Debt %

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7.06

7.90

7.92

11.04

9.65

Neogen Chemicals 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															10.36	9.61	9.55	10.05	8.38

Competitive Comparison of Neogen Chemicals's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Neogen Chemicals'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.

Neogen Chemicals's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Neogen Chemicals's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Neogen Chemicals Effective Interest Rate on Debt % Calculation

Neogen Chemicals'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 * -485	/	( (4089.2	+	5967.4)	/ 2 )
=	-1 * -485	/	5028.3
=	9.65 %

where

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1376.8	+	2712.4
=	4089.2

	Total Debt (A: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1939.1	+	4028.3
=	5967.4

Neogen Chemicals'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 * -500	/	( (0	+	5967.4)	/ 1 )
=	-1 * -500	/	5967.4
=	8.38 %

where

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

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1939.1	+	4028.3
=	5967.4

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.

Neogen Chemicals (NSE:NEOGEN) Effective Interest Rate on Debt % Explanation

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

Neogen Chemicals Effective Interest Rate on Debt % Related Terms

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Neogen Chemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Neogen Chemicals Ltd (NSE:NEOGEN) » Definitions » Effective Interest Rate on Debt %

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542665:India

Address

Pokhran Road, No. 2, Office No. D-1002, 10th Floor, Dev Corpora Building, Opposite Cadbury Junction, Khopat, Thane, MH, IND, 400 601

Website

https://www.neogenchem.com

Neogen Chemicals Ltd is engaged in the manufacturing of specialty chemicals that are used in the Pharmaceutical, Engineering and Agro-Chemical industries. The company manufactures bromine-based and lithium-based specialty chemicals. Its products include Organobromine compounds, Chloro compounds, Inorganic bromine compounds, Lithium Salts and others. Geographically, It generates the majority of the revenue from India and also exports to other countries.

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