Sat Industries (NSE:SATINDLTD) Effective Interest Rate on Debt % : 17.07% (As of Sep. 2024)

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What is Sat Industries 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. Sat Industries's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹68 Mil. Sat Industries's average total debt for the quarter that ended in Sep. 2024 was ₹397 Mil. Therefore, Sat Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 17.07%.

Sat Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for Sat Industries'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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Sat Industries Effective Interest Rate on Debt % Chart

Sat Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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12.96

11.09

8.82

6.58

11.42

Sat Industries 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															13.23	8.71	12.54	8.48	17.07

Competitive Comparison of Sat Industries's Effective Interest Rate on Debt %

For the Steel subindustry, Sat Industries'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.

Sat Industries's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sat Industries's Effective Interest Rate on Debt % distribution charts can be found below:

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

Sat Industries Effective Interest Rate on Debt % Calculation

Sat Industries'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 * -95.905	/	( (1048.942	+	630.626)	/ 2 )
=	-1 * -95.905	/	839.784
=	11.42 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	282.713	+	766.229
=	1048.942

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	101.652	+	528.974
=	630.626

Sat Industries'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 * -67.756	/	( (0	+	396.862)	/ 1 )
=	-1 * -67.756	/	396.862
=	17.07 %

where

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

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	82.734	+	314.128
=	396.862

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.

Sat Industries (NSE:SATINDLTD) Effective Interest Rate on Debt % Explanation

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

Sat Industries Effective Interest Rate on Debt % Related Terms

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Sat Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sat Industries Ltd (NSE:SATINDLTD) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

511076:India

Address

121, B-Wing, Mittal Towers, Nariman Point, Mumbai, IND, 400 021

Website

https://www.satgroup.in

Sat Industries Ltd is an Indian-based company engaged in the business of international trading, investment, and finance, leasing of assets, manufacturing of flexible packaging, hose pipes, education, etc. through its own or through subsidiary and associate companies. The company also offers stainless steel hose assemblies, welding sleeves, different types of fittings, and couplings, as per customer requirements. The operating segments of the company include trading; manufacturing, finance and investment. The company generates maximum revenue from the manufacturing segment. Geographically, the company derives a majority of its revenue from India.

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