Perfect Infraengineers (NSE:PERFECT) Effective Interest Rate on Debt % : 2.45% (As of Sep. 2023)

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What is Perfect Infraengineers 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. Perfect Infraengineers's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₹2.39 Mil. Perfect Infraengineers's average total debt for the quarter that ended in Sep. 2023 was ₹97.57 Mil. Therefore, Perfect Infraengineers's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 2.45%.

Perfect Infraengineers Effective Interest Rate on Debt % Historical Data

The historical data trend for Perfect Infraengineers'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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Perfect Infraengineers Effective Interest Rate on Debt % Chart

Perfect Infraengineers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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13.97

10.28

3.82

0.11

0.02

Perfect Infraengineers Semi-Annual Data
	Mar15	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial									2.53	-2.41	2.57	-2.34	2.45

Competitive Comparison of Perfect Infraengineers's Effective Interest Rate on Debt %

For the Solar subindustry, Perfect Infraengineers'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.

Perfect Infraengineers's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Perfect Infraengineers's Effective Interest Rate on Debt % distribution charts can be found below:

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

Perfect Infraengineers Effective Interest Rate on Debt % Calculation

Perfect Infraengineers's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -0.016	/	( (88.431	+	102.749)	/ 2 )
=	-1 * -0.016	/	95.59
=	0.02 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	45.059	+	43.372
=	88.431

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	59.377	+	43.372
=	102.749

Perfect Infraengineers's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -2.392	/	( (102.749	+	92.396)	/ 2 )
=	-1 * -2.392	/	97.5725
=	2.45 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	59.377	+	43.372
=	102.749

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	49.024	+	43.372
=	92.396

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Perfect Infraengineers (NSE:PERFECT) Effective Interest Rate on Debt % Explanation

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

Perfect Infraengineers Effective Interest Rate on Debt % Related Terms

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Perfect Infraengineers (NSE:PERFECT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Perfect Infraengineers Ltd (NSE:PERFECT) » Definitions » Effective Interest Rate on Debt %

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Address

Thane Belapur Road, R-637, TTC Industrial Area, MIDC, Rabale, Navi Mumbai, MH, IND, 400701

Website

https://www.perfectinfra.com

Perfect Infraengineers Ltd is into manufacturing and trading of Hybrid Thermal Solar Panel and MEP contracting. It is engaged in two categories including Solar Thermal Panels and Hybrid Thermal System. The company has a business of execution of HVAC and manufacturing and trading of Hybrid Solar Thermal Panels and allied activities in India. The company generates key revenue from the sale of goods.

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