Sahaj Fashions (NSE:SAHAJ) Effective Interest Rate on Debt %: 9.67% (As of Mar. 2024)

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NSE:SAHAJ Sahaj Fashions Ltd NSE:SAHAJ
7 GF Score
Price ₹3.85
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What is Sahaj Fashions Effective Interest Rate on Debt %?

Sahaj Fashions NSE:SAHAJ 7 Effective Interest Rate on Debt % is 9.67% as of Mar. 2024. GuruFocus rates NSE:SAHAJ with a GF Score™ of 7/100.

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. Sahaj Fashions's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹37 Mil. Sahaj Fashions's average total debt for the quarter that ended in Mar. 2024 was ₹378 Mil. Therefore, Sahaj Fashions's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 9.67%.


Sahaj Fashions  (NSE:SAHAJ) Effective Interest Rate on Debt % Explanation

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


Sahaj Fashions Effective Interest Rate on Debt % Related Terms


Sahaj Fashions Effective Interest Rate on Debt % Historical Data

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The historical data trend for Sahaj Fashions'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.

Sahaj Fashions Effective Interest Rate on Debt % Chart

Sahaj Fashions Annual Data
Trend Mar23 Mar24
Effective Interest Rate on Debt %
10.39 10.11

Sahaj Fashions Semi-Annual Data
Mar23 Sep23 Mar24
Effective Interest Rate on Debt % 0.00 10.21 9.67

NSE:SAHAJ vs AIN: Effective Interest Rate on Debt % Comparison

For the Textile Manufacturing subindustry, Sahaj Fashions'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.


Sahaj Fashions Effective Interest Rate on Debt % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sahaj Fashions's Effective Interest Rate on Debt % distribution charts can be found below:

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


NSE:SAHAJ
7GF Score
Sahaj Fashions Ltd NSE:SAHAJ
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sahaj Fashions Effective Interest Rate on Debt % Calculation

Sahaj Fashions'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  *  -38.569/( (401.36+361.706)/ 2 )
=-1  *  -38.569/381.533
=10.11 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=149.784 + 251.576
=401.36

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=116.882 + 244.824
=361.706

Sahaj Fashions's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -36.546/( (394.028+361.706)/ 2 )
=-1  *  -36.546/377.867
=9.67 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=144.871 + 249.157
=394.028

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=116.882 + 244.824
=361.706

* 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 (Mar. 2024) 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 9.67% mean?
Sahaj Fashions (NSE:SAHAJ) has a Effective Interest Rate on Debt % of 9.67% as of Mar. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Sahaj Fashions and its competitors.
Is Sahaj Fashions' Effective Interest Rate on Debt % too high?
Sahaj Fashions' current Effective Interest Rate on Debt % is 9.67%. Overall, Sahaj Fashions has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Sahaj Fashions' Effective Interest Rate on Debt % compare to AIN?
Sahaj Fashions' Effective Interest Rate on Debt % of 9.67% can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Effective Interest Rate on Debt % depends on the Manufacturing - Apparel & Accessories 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 Sahaj Fashions and its competitors. Sahaj Fashions's current Effective Interest Rate on Debt % is 9.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sahaj Fashions stock overvalued right now?
Sahaj Fashions (NSE:SAHAJ) has a current Effective Interest Rate on Debt % of 9.67%. The current Effective Interest Rate on Debt % is 9.67%. Sahaj Fashions' overall GF Score™ is 7/100. 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 Sahaj Fashions (NSE:SAHAJ), the current Effective Interest Rate on Debt % is 9.67% as of Mar. 2024. 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.

Sahaj Fashions Business Description

Address Ajmer Road, Shree Bhawan, Madanganj, Kishangarh, RJ, IND, 305801
Sahaj Fashions Ltd is engaged in manufacturing of high standard fabric which is used for various purposes such as garments, home furnishings, and industrial applications, etc. It manufactures cotton suiting fabric and cotton shirting fabric apart from polyster based and cotton-polyster blended fabrics.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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