NLC India (NSE:NLCINDIA) Effective Interest Rate on Debt % : 3.55% (As of Mar. 2024)

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What is NLC India 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. NLC India's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹7,967 Mil. NLC India's average total debt for the quarter that ended in Mar. 2024 was ₹224,155 Mil. Therefore, NLC India's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.55%.

NLC India Effective Interest Rate on Debt % Historical Data

The historical data trend for NLC India'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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NLC India Effective Interest Rate on Debt % Chart

NLC India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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4.87

4.23

3.44

4.56

3.80

NLC India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.20	3.95	3.88	3.77	3.55

Competitive Comparison of NLC India's Effective Interest Rate on Debt %

For the Utilities - Regulated Electric subindustry, NLC India'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.

NLC India's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NLC India's Effective Interest Rate on Debt % distribution charts can be found below:

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

NLC India Effective Interest Rate on Debt % Calculation

NLC India'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 * -8493	/	( (223331.4	+	224154.9)	/ 2 )
=	-1 * -8493	/	223743.15
=	3.80 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	185255.9	+	38075.5
=	223331.4

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	192594.4	+	31560.5
=	224154.9

NLC India'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 * -7967.2	/	( (0	+	224154.9)	/ 1 )
=	-1 * -7967.2	/	224154.9
=	3.55 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	192594.4	+	31560.5
=	224154.9

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.

NLC India (NSE:NLCINDIA) Effective Interest Rate on Debt % Explanation

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

NLC India Effective Interest Rate on Debt % Related Terms

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NLC India (NSE:NLCINDIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » NLC India Ltd (NSE:NLCINDIA) » Definitions » Effective Interest Rate on Debt %

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513683:India

Address

Block - 1, Neyveli, Neyveli, Cuddalore, TN, IND, 607801

Website

https://www.nlcindia.in

NLC India Ltd is an energy company. The company has two reportable segments namely the Mining segment which is engaged in the mining of lignite and the Power generation segment which is engaged in the generation and sale of power utilities across the country. The power is generated from Thermal Power Stations and renewable energy sources such as wind and solar. It generates maximum revenue from the Power generation segment. It also engaged in providing consultancy and management services relating to mining and power generation.

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