Pincon Spirit (NSE:PINCON) Effective Interest Rate on Debt %: 9.46% (As of Sep. 2017)

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What is Pincon Spirit Effective Interest Rate on Debt %?

Pincon Spirit NSE:PINCON Effective Interest Rate on Debt % is 9.46% as of Sep. 2017.

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. Pincon Spirit's annualized positive value of Interest Expense for the quarter that ended in Sep. 2017 was ₹309 Mil. Pincon Spirit's average total debt for the quarter that ended in Sep. 2017 was ₹3,262 Mil. Therefore, Pincon Spirit's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2017 was 9.46%.

Pincon Spirit  (NSE:PINCON) Effective Interest Rate on Debt % Explanation

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

Pincon Spirit Effective Interest Rate on Debt % Related Terms

Pincon Spirit Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Pincon Spirit'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.

Pincon Spirit Effective Interest Rate on Debt % Chart

Pincon Spirit Annual Data
Trend Mar14 Mar15 Mar16 Mar17
Effective Interest Rate on Debt %
2.65 6.54 8.18 9.38

Pincon Spirit Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17
Effective Interest Rate on Debt % Get a 7-Day Free Trial 0.00 0.00 10.13 9.45 9.46

NSE:PINCON vs THST, JCTG, VDKB: Effective Interest Rate on Debt % Comparison

For the Beverages - Wineries & Distilleries subindustry, Pincon Spirit'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.

Pincon Spirit Effective Interest Rate on Debt % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Pincon Spirit's Effective Interest Rate on Debt % distribution charts can be found below:

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


Pincon Spirit Effective Interest Rate on Debt % Calculation

Pincon Spirit's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2016 )+Total Debt  (A: Mar. 2017 ))/ count )
=-1  *  -258.576/( (2543.456+2967.681)/ 2 )
=-1  *  -258.576/2755.5685
=9.38 %

where

Total Debt  (A: Mar. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=626.659 + 1916.797
=2543.456

Total Debt  (A: Mar. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=653.587 + 2314.094
=2967.681

Pincon Spirit's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2017 )+Total Debt  (Q: Sep. 2017 ))/ count )
=-1  *  -308.652/( (2967.681+3556.528)/ 2 )
=-1  *  -308.652/3262.1045
=9.46 %

where

Total Debt  (Q: Mar. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=653.587 + 2314.094
=2967.681

Total Debt  (Q: Sep. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=645.813 + 2910.715
=3556.528

* 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. 2017) 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 9.46% mean?
Pincon Spirit (NSE:PINCON) has a Effective Interest Rate on Debt % of 9.46% as of Sep. 2017. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Pincon Spirit and its competitors.
Is Pincon Spirit's Effective Interest Rate on Debt % too high?
Pincon Spirit's current Effective Interest Rate on Debt % is 9.46%.
How does Pincon Spirit's Effective Interest Rate on Debt % compare to THST and JCTG?
Pincon Spirit's Effective Interest Rate on Debt % of 9.46% can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Effective Interest Rate on Debt % depends on the Beverages - Alcoholic 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 Pincon Spirit and its competitors. Pincon Spirit's current Effective Interest Rate on Debt % is 9.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pincon Spirit stock overvalued right now?
Pincon Spirit (NSE:PINCON) has a current Effective Interest Rate on Debt % of 9.46%. The current Effective Interest Rate on Debt % is 9.46%. 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 Pincon Spirit (NSE:PINCON), the current Effective Interest Rate on Debt % is 9.46% as of Sep. 2017. 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.

Pincon Spirit Business Description

Address Number 103, 3rd Floor, Samskruthi Chambers, K.H Road, Shanthi Nagar, Bengaluru, KA, IND, 560027
Pincon Spirit Ltd is engaged in blending, bottling and wholesale distributions of Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) and refining, packaging and wholesale distributions of fast moving consumer goods. The company derives its revenue from its Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) segment. The Edible oils business segment is engaged in the manufacture of edible oils and the Company owns a refining and packaging unit.