Power Finance (NSE:PFC) Effective Interest Rate on Debt % : 6.81% (As of Sep. 2024)

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What is Power Finance 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. Power Finance's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹640,256 Mil. Power Finance's average total debt for the quarter that ended in Sep. 2024 was ₹9,399,334 Mil. Therefore, Power Finance's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 6.81%.

Power Finance Effective Interest Rate on Debt % Historical Data

The historical data trend for Power Finance'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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Power Finance Effective Interest Rate on Debt % Chart

Power Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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6.89

6.81

6.48

6.39

6.93

Power Finance Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.03	7.15	6.99	6.96	6.81

Competitive Comparison of Power Finance's Effective Interest Rate on Debt %

For the Credit Services subindustry, Power Finance'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.

Power Finance's Effective Interest Rate on Debt % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Power Finance's Effective Interest Rate on Debt % distribution charts can be found below:

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

Power Finance Effective Interest Rate on Debt % Calculation

Power Finance'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 * -579622	/	( (7806405.6	+	8915026.4)	/ 2 )
=	-1 * -579622	/	8360716
=	6.93 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7806405.6	+	0
=	7806405.6

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8915026.4	+	0
=	8915026.4

Power Finance's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -640256.4	/	( (0	+	9399334.3)	/ 1 )
=	-1 * -640256.4	/	9399334.3
=	6.81 %

where

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

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9399334.3	+	0
=	9399334.3

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

Power Finance (NSE:PFC) Effective Interest Rate on Debt % Explanation

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

Power Finance Effective Interest Rate on Debt % Related Terms

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Power Finance Business Description

Industry

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Traded in Other Exchanges

532810:India

Address

1, Barakhamba Lane, Urjanidhi, Connaught Place, New Delhi, IND, 110001

Website

https://www.pfcindia.com

Power Finance Corp Ltd is a financial institution operating in India and dedicated to financing the country's power, logistics, and infrastructure sectors and its various projects. The company serves state power utilities, central power sector utilities, power departments, private power sector utilities, joint sector power utilities, power equipment manufacturers, and municipal power utilities. The company's main products include rupee-term loans, short-term loans, and a buyer line of credit. Interest income is the company's main source of revenue.