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Standard Industries (NSE:SIL) Effective Interest Rate on Debt % : 11.97% (As of Dec. 2024)


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What is Standard 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. Standard Industries's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ₹18.1 Mil. Standard Industries's average total debt for the quarter that ended in Dec. 2024 was ₹151.6 Mil. Therefore, Standard Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 11.97%.

Standard Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for Standard 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.

* Premium members only.

Standard Industries Effective Interest Rate on Debt % Chart

Standard Industries 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 11.36 15.96 9.11 11.37 12.86

Standard Industries 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 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 12.63 12.93 11.87 12.80 11.97

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

For the Textile Manufacturing subindustry, Standard 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.

Standard Industries's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

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

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


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Standard Industries Effective Interest Rate on Debt % Calculation

Standard 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  *  -31.197/( (264.864+220.335)/ 2 )
=-1  *  -31.197/242.5995
=12.86 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=255.144 + 9.72
=264.864

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=210.615 + 9.72
=220.335

Standard Industries'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  *  -18.148/( (151.597+0)/ 1 )
=-1  *  -18.148/151.597
=11.97 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=143.296 + 8.301
=151.597

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

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

Standard Industries  (NSE:SIL) Effective Interest Rate on Debt % Explanation

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

Standard Industries Effective Interest Rate on Debt % Related Terms

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Standard Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Standard Industries Ltd (NSE:SIL) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
BOM:514138 BOM:532806 BOM:523054 BOM:531609 BOM:542862 BOM:590056 BOM:514300 BOM:532886 NSE:AVIANSH BOM:521034 HKSE:02313 TSE:3402 TPE:1402 IST:SASA SZSE:000158 BOM:532889 SHSE:601233 SHSE:600295 AIN TPE:2915
Traded in Other Exchanges
530017:India
Address
57A, Dr. G. Deshmukh Marg, Vijyalaxmi Mafatlal Centre, Mumbai, MH, IND, 400 026
Website
http://www.standardindustries.co
Standard Industries Ltd is an investment holding company. The company's operating segment includes Property and Trading. It generates maximum revenue from the Trading division segment. The company offers products such as Cotton towels, Bed sheets, Interlining Fabric, Cotton and blended dhoti, Cotton/PC blended and poly-viscose suiting, PC Poplins and shirtings, Rubia, Rubia in cotton as well as PC Blended and Punjabi suits.