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Sarla Performance Fibers (NSE:SARLAPOLY) Effective Interest Rate on Debt % : 5.58% (As of Sep. 2024)


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What is Sarla Performance Fibers 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. Sarla Performance Fibers's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹84 Mil. Sarla Performance Fibers's average total debt for the quarter that ended in Sep. 2024 was ₹1,512 Mil. Therefore, Sarla Performance Fibers's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 5.58%.


Sarla Performance Fibers Effective Interest Rate on Debt % Historical Data

The historical data trend for Sarla Performance Fibers'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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Sarla Performance Fibers Effective Interest Rate on Debt % Chart

Sarla Performance Fibers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 4.57 2.58 3.34 4.73

Sarla Performance Fibers 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.81 4.70 4.79 5.65 5.58

Competitive Comparison of Sarla Performance Fibers's Effective Interest Rate on Debt %

For the Textile Manufacturing subindustry, Sarla Performance Fibers'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.


Sarla Performance Fibers's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Sarla Performance Fibers's Effective Interest Rate on Debt % falls into.



Sarla Performance Fibers Effective Interest Rate on Debt % Calculation

Sarla Performance Fibers'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  *  -58.1/( (1085.154+1369.622)/ 2 )
=-1  *  -58.1/1227.388
=4.73 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=34.271 + 1050.883
=1085.154

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=257.378 + 1112.244
=1369.622

Sarla Performance Fibers'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  *  -84.312/( (0+1511.738)/ 1 )
=-1  *  -84.312/1511.738
=5.58 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=309.191 + 1202.547
=1511.738

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


Sarla Performance Fibers  (NSE:SARLAPOLY) Effective Interest Rate on Debt % Explanation

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


Sarla Performance Fibers Effective Interest Rate on Debt % Related Terms

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Sarla Performance Fibers Business Description

Traded in Other Exchanges
Address
195, NCPA Marg, 304, Arcadia, Nariman Point, Mumbai, MH, IND, 400021
Sarla Performance Fibers Ltd operates in the textile industry. The company is mainly engaged in the manufacturing of polyester and nylon yarns. It operates in two segments Manufacturing of Speciality Yarn and Generation of Wind Power. Its products include Textured polyester yarns, Textured nylon stretch yarns, Textured sewing thread, Covered yarns, and High tenacity yarns, among others. It generates key revenue from the specialty yarn segment. Geographically, the company generates maximum revenue through the export of its products to other countries and the rest from India.

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