Opal Luxury Time Products (NSE:OPAL) Effective Interest Rate on Debt %: 0.18% (As of Sep. 2019)

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What is Opal Luxury Time Products Effective Interest Rate on Debt %?

Opal Luxury Time Products NSE:OPAL Effective Interest Rate on Debt % is 0.18% as of Sep. 2019.

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. Opal Luxury Time Products's annualized positive value of Interest Expense for the quarter that ended in Sep. 2019 was ₹0.32 Mil. Opal Luxury Time Products's average total debt for the quarter that ended in Sep. 2019 was ₹173.45 Mil. Therefore, Opal Luxury Time Products's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 was 0.18%.


Opal Luxury Time Products  (NSE:OPAL) Effective Interest Rate on Debt % Explanation

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


Opal Luxury Time Products Effective Interest Rate on Debt % Related Terms


Opal Luxury Time Products Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Opal Luxury Time Products'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.

Opal Luxury Time Products Effective Interest Rate on Debt % Chart

Opal Luxury Time Products Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 21.10 15.54 17.10 3.53 16.98

Opal Luxury Time Products Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Sep19
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 12.63 0.18

NSE:OPAL vs FBHS, WHR, MHK: Effective Interest Rate on Debt % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Opal Luxury Time Products'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.


Opal Luxury Time Products Effective Interest Rate on Debt % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Opal Luxury Time Products's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Opal Luxury Time Products's Effective Interest Rate on Debt % falls into.



Opal Luxury Time Products Effective Interest Rate on Debt % Calculation

Opal Luxury Time Products's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2017 )+Total Debt  (A: Mar. 2018 ))/ count )
=-1  *  -22.047/( (83.958+175.752)/ 2 )
=-1  *  -22.047/129.855
=16.98 %

where

Total Debt  (A: Mar. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.276 + 81.682
=83.958

Total Debt  (A: Mar. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45.135 + 130.617
=175.752

Opal Luxury Time Products's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2018 )+Total Debt  (Q: Sep. 2019 ))/ count )
=-1  *  -0.318/( (0+173.451)/ 1 )
=-1  *  -0.318/173.451
=0.18 %

where

Total Debt  (Q: Sep. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=48.276 + 125.175
=173.451

* 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. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 0.18% mean?
Opal Luxury Time Products (NSE:OPAL) has a Effective Interest Rate on Debt % of 0.18% as of Sep. 2019. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Opal Luxury Time Products and its competitors.
Is Opal Luxury Time Products' Effective Interest Rate on Debt % too high?
Opal Luxury Time Products' current Effective Interest Rate on Debt % is 0.18%.
How does Opal Luxury Time Products' Effective Interest Rate on Debt % compare to FBHS and WHR?
Opal Luxury Time Products' Effective Interest Rate on Debt % of 0.18% can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Furnishings, Fixtures & Appliances company?
A good Effective Interest Rate on Debt % depends on the Furnishings, Fixtures & Appliances industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Opal Luxury Time Products and its competitors. Opal Luxury Time Products's current Effective Interest Rate on Debt % is 0.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opal Luxury Time Products stock overvalued right now?
Opal Luxury Time Products (NSE:OPAL) has a current Effective Interest Rate on Debt % of 0.18%. The current Effective Interest Rate on Debt % is 0.18%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Opal Luxury Time Products (NSE:OPAL), the current Effective Interest Rate on Debt % is 0.18% as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Opal Luxury Time Products Business Description

Address Senapati Bapat Road, Shree Ganesh, Plot No. 31, 1st Floor, Shivaji Housing Society, Behind ICC Tower, Pune, MH, IND, 411016
Opal Luxury Time Products Ltd is engaged in manufacturing and marketing of home decor products and designs, manufactures, assembles, markets in India and offers watches, wall and table clocks, and allied products and accessories. The firm markets its products through a network of distributors, dealers, home decor stores, furniture stores, crockery dealers, and organized retailers under the Opal brand. The company operates 333 counters and 11 online shopping portals in India. The firm offers a diverse product mix which varies with the following parameters: Price Range, Mould-component-make (wood, metal, acrylic, glass, etc.) and Styles (statue, table, digital, and contemporary). It also offers its products through opalclocks.com, an online shopping portal.