On Door Concepts (NSE:ONDOOR) Effective Interest Rate on Debt % : 8.54% (As of Mar. 2024)

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What is On Door Concepts 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. On Door Concepts's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹1 Mil. On Door Concepts's average total debt for the quarter that ended in Mar. 2024 was ₹10 Mil. Therefore, On Door Concepts's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.54%.

On Door Concepts Effective Interest Rate on Debt % Historical Data

The historical data trend for On Door Concepts'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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On Door Concepts Effective Interest Rate on Debt % Chart

On Door Concepts Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

3.14

3.11

1.17

8.54

On Door Concepts Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Effective Interest Rate on Debt %	3.14	3.11	1.17	8.54

Competitive Comparison of On Door Concepts's Effective Interest Rate on Debt %

For the Department Stores subindustry, On Door Concepts'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.

On Door Concepts's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, On Door Concepts's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where On Door Concepts's Effective Interest Rate on Debt % falls into.

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On Door Concepts Effective Interest Rate on Debt % Calculation

On Door Concepts'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 * -0.876	/	( (11.75	+	8.77)	/ 2 )
=	-1 * -0.876	/	10.26
=	8.54 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	11.75
=	11.75

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	8.77
=	8.77

On Door Concepts'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: Mar. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -0.876	/	( (11.75	+	8.77)	/ 2 )
=	-1 * -0.876	/	10.26
=	8.54 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	11.75
=	11.75

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	8.77
=	8.77

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 one times the annual (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

On Door Concepts (NSE:ONDOOR) Effective Interest Rate on Debt % Explanation

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

On Door Concepts Effective Interest Rate on Debt % Related Terms

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On Door Concepts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » On Door Concepts Ltd (NSE:ONDOOR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

Hoshangabad Road, First Floor, Opposite Vrindawan Garden, Phoenix Corporate Park, Bhopal, MP, IND, 462026

Website

https://www.ondoor.com

On Door Concepts Ltd is a fast-upcoming regional omnichannel retailer of groceries and household essentials. The company has the advantage of being one of the early entrants in the supermarket industry to offer the convenience of both the colony stores as well as hyperlocal home delivery through online orders, many of its stores in the respective areas fulfill the on-line orders from their respective shelves.

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