GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ratnaveer Precision Engineering Ltd (NSE:RATNAVEER) » Definitions » Effective Interest Rate on Debt %

Ratnaveer Precision Engineering (NSE:RATNAVEER) Effective Interest Rate on Debt % : 0.09% (As of Mar. 2025)


View and export this data going back to 2023. Start your Free Trial

What is Ratnaveer Precision Engineering 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. Ratnaveer Precision Engineering's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹2 Mil. Ratnaveer Precision Engineering's average total debt for the quarter that ended in Mar. 2025 was ₹1,951 Mil. Therefore, Ratnaveer Precision Engineering's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 0.09%.


Ratnaveer Precision Engineering Effective Interest Rate on Debt % Historical Data

The historical data trend for Ratnaveer Precision Engineering'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.

* Premium members only.

Ratnaveer Precision Engineering Effective Interest Rate on Debt % Chart

Ratnaveer Precision Engineering Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 6.12 5.66 5.33 5.56 6.32

Ratnaveer Precision Engineering Quarterly Data
Mar20 Mar21 Mar22 Aug22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.83 9.25 15.44 14.12 0.09

Competitive Comparison of Ratnaveer Precision Engineering's Effective Interest Rate on Debt %

For the Steel subindustry, Ratnaveer Precision Engineering'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.


Ratnaveer Precision Engineering's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ratnaveer Precision Engineering's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Ratnaveer Precision Engineering's Effective Interest Rate on Debt % falls into.


;
;

Ratnaveer Precision Engineering Effective Interest Rate on Debt % Calculation

Ratnaveer Precision Engineering's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2024 )+Total Debt  (A: Mar. 2025 ))/ count )
=-1  *  -126.78/( (2061.86+1951.17)/ 2 )
=-1  *  -126.78/2006.515
=6.32 %

where

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=328.85 + 1733.01
=2061.86

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=564.16 + 1387.01
=1951.17

Ratnaveer Precision Engineering's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -1.68/( (0+1951.17)/ 1 )
=-1  *  -1.68/1951.17
=0.09 %

where

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=564.16 + 1387.01
=1951.17

* 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 four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Ratnaveer Precision Engineering  (NSE:RATNAVEER) Effective Interest Rate on Debt % Explanation

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


Ratnaveer Precision Engineering Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Ratnaveer Precision Engineering's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ratnaveer Precision Engineering Business Description

Traded in Other Exchanges
Address
Dr. Vikram Sarabhai Road, 703/704, OCEAN, Vikram Sarabhai Campus, Near Center Square Mall, Vadodara, GJ, IND, 390023
Ratnaveer Precision Engineering Ltd is a stainless steel (SS) product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes and tubes. It manufactures finishing sheets, washers, and solar mounting hooks at Unit I and SS pipes & tubes at Unit II. Unit III and Unit IV are dedicated to the backward integration process where Unit III is the melting unit where the company melts steel scrap and turns it into steel ingots and Unit IV is the rolling unit where flat ingots are further processed to turn them into sheets which are the raw material for washers. Geographically, the company derives a majority of its revenue from its customers within India, and the rest from countries like Germany, Italy, Sweden, Austria, France, and others through exports.

Ratnaveer Precision Engineering Headlines

No Headlines