Rossari Biotech (NSE:ROSSARI) Effective Interest Rate on Debt % : 12.30% (As of Dec. 2024)

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What is Rossari Biotech 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. Rossari Biotech's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ₹198 Mil. Rossari Biotech's average total debt for the quarter that ended in Dec. 2024 was ₹1,608 Mil. Therefore, Rossari Biotech's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 12.30%.

Rossari Biotech Effective Interest Rate on Debt % Historical Data

The historical data trend for Rossari Biotech'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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Rossari Biotech Effective Interest Rate on Debt % Chart

Rossari Biotech Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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9.96

4.47

150.18

54.19

20.10

Rossari Biotech Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															13.14	12.47	12.41	9.16	12.30

Competitive Comparison of Rossari Biotech's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Rossari Biotech'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.

Rossari Biotech's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rossari Biotech's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Rossari Biotech Effective Interest Rate on Debt % Calculation

Rossari Biotech'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 * -193.72	/	( (739.28	+	1187.92)	/ 2 )
=	-1 * -193.72	/	963.6
=	20.10 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	349.33	+	389.95
=	739.28

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	442.3	+	745.62
=	1187.92

Rossari Biotech's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -197.76	/	( (1607.81	+	0)	/ 1 )
=	-1 * -197.76	/	1607.81
=	12.30 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	891.05	+	716.76
=	1607.81

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

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

Rossari Biotech (NSE:ROSSARI) Effective Interest Rate on Debt % Explanation

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

Rossari Biotech Effective Interest Rate on Debt % Related Terms

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Rossari Biotech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rossari Biotech Ltd (NSE:ROSSARI) » Definitions » Effective Interest Rate on Debt %

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543213:India

Address

L.B.S. Marg, next to GE Gardens, 201 A and B, 2nd Floor, Akruti Corporate Park, Kanjurmarg (West), Mumbai, MH, IND, 400 078

Website

https://www.rossari.com

Rossari Biotech Ltd is a specialty chemical manufacturing company. It provides customized solutions to specific industrial and production requirements of its customers in the FMCG, apparel, poultry and animal feed industries through its diversified product portfolio comprising home, personal care and performance chemicals; textile specialty chemicals; and animal health and nutrition products. Its business is organized into three categories home, personal care and performance chemicals; textile specialty chemicals; and; animal health and nutrition products. Its products include soaps and detergents, paints, inks and coatings, ceramics and tiles, water treatment chemicals and pulp and paper, and cleaning chemical formulations, among others.

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