RKEC Projects (NSE:RKEC) Effective Interest Rate on Debt % : 10.95% (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is RKEC Projects 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. RKEC Projects's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹172 Mil. RKEC Projects's average total debt for the quarter that ended in Sep. 2024 was ₹1,569 Mil. Therefore, RKEC Projects's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 10.95%.

RKEC Projects Effective Interest Rate on Debt % Historical Data

The historical data trend for RKEC Projects'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.

RKEC Projects Effective Interest Rate on Debt % Chart

RKEC Projects Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

18.19

8.59

7.47

10.30

11.61

RKEC Projects 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															10.07	12.58	15.49	11.22	10.95

Competitive Comparison of RKEC Projects's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, RKEC Projects'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.

RKEC Projects's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, RKEC Projects's Effective Interest Rate on Debt % distribution charts can be found below:

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

Save Embed

;

Save Embed

;

RKEC Projects Effective Interest Rate on Debt % Calculation

RKEC Projects'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 * -154.697	/	( (1162.107	+	1502.744)	/ 2 )
=	-1 * -154.697	/	1332.4255
=	11.61 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	428.627	+	733.48
=	1162.107

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	403.243	+	1099.501
=	1502.744

RKEC Projects'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 * -171.772	/	( (1459.331	+	1677.903)	/ 2 )
=	-1 * -171.772	/	1568.617
=	10.95 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	385.458	+	1073.873
=	1459.331

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	375.719	+	1302.184
=	1677.903

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.

RKEC Projects (NSE:RKEC) Effective Interest Rate on Debt % Explanation

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

RKEC Projects Effective Interest Rate on Debt % Related Terms

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

RKEC Projects Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » RKEC Projects Ltd (NSE:RKEC) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Old Jail Road, Rednam Gardens, No. 10-12-1, Rednam Alcazar, 3rd Floor, Opposite SBI Main Branch, Vishakhapatnam, AP, IND, 530002

Website

https://www.rkecprojects.com

RKEC Projects Ltd operates in the construction business. The company is engaged in civil construction such as the construction of highways, roads, and bridges. Its completed projects include Marine Works, Roads and Bridges, Building and Infrastructure Works, and Electrification.

RKEC Projects Headlines

No Headlines