Rulka Electricals (NSE:RULKA) Effective Interest Rate on Debt % : 8.24% (As of Sep. 2023)

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What is Rulka Electricals 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. Rulka Electricals's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₹4.7 Mil. Rulka Electricals's average total debt for the quarter that ended in Sep. 2023 was ₹57.3 Mil. Therefore, Rulka Electricals's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 8.24%.

Rulka Electricals Effective Interest Rate on Debt % Historical Data

The historical data trend for Rulka Electricals'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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Rulka Electricals Effective Interest Rate on Debt % Chart

Rulka Electricals Annual Data

Trend

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

11.11

9.70

7.98

Rulka Electricals Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23
Effective Interest Rate on Debt %	-	-	-	8.24

Competitive Comparison of Rulka Electricals's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Rulka Electricals'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.

Rulka Electricals's Effective Interest Rate on Debt % Distribution in the Construction Industry

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

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

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Rulka Electricals Effective Interest Rate on Debt % Calculation

Rulka Electricals's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -3.227	/	( (28.147	+	52.707)	/ 2 )
=	-1 * -3.227	/	40.427
=	7.98 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.473	+	21.674
=	28.147

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.501	+	41.206
=	52.707

Rulka Electricals's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -4.722	/	( (52.707	+	61.853)	/ 2 )
=	-1 * -4.722	/	57.28
=	8.24 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.501	+	41.206
=	52.707

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.954	+	47.899
=	61.853

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Rulka Electricals (NSE:RULKA) Effective Interest Rate on Debt % Explanation

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

Rulka Electricals Effective Interest Rate on Debt % Related Terms

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Rulka Electricals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lake Road, Unit-B-109, 1st Floor, Shiva Estate, Bhandup (West), Mumbai, MH, IND, 400078

Website

https://www.replservices.com

Rulka Electricals Ltd is engaged in offering solution for all types of Electrical & Fire Fighting Turnkey Projects. It offers range of services like Electrical Solutions, Electrical Panels, Solar EPC Contracts, Turn Key Electrical Warehousing Projects, Electric Commercial Industrial Services, Maintenance Services, Electrical Contracting and Data & Voice Cabling Installation across the Industrial Sector, Commercial, Retail and Theatre sector also offer electrical contracting services for all types of industrial plants.

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