S K S Textiles (NSE:SKSTEXTILE) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2020)

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What is S K S Textiles 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. S K S Textiles's annualized positive value of Interest Expense for the quarter that ended in Mar. 2020 was ₹0 Mil. S K S Textiles's average total debt for the quarter that ended in Mar. 2020 was ₹506 Mil. Therefore, S K S Textiles's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2020 was 0.00%.

S K S Textiles Effective Interest Rate on Debt % Historical Data

The historical data trend for S K S Textiles'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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S K S Textiles Effective Interest Rate on Debt % Chart

S K S Textiles Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Effective Interest Rate on Debt %

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13.72

13.17

11.07

10.49

S K S Textiles Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Mar20
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					10.55	13.77	10.94	11.53	-

Competitive Comparison of S K S Textiles's Effective Interest Rate on Debt %

For the Textile Manufacturing subindustry, S K S Textiles'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.

S K S Textiles's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where S K S Textiles's Effective Interest Rate on Debt % falls into.

S K S Textiles Effective Interest Rate on Debt % Calculation

S K S Textiles's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2019 )	+	Total Debt (A: Mar. 2020 ))	/ count )
=	-1 * -53.091	/	( (476.813	+	535.573)	/ 2 )
=	-1 * -53.091	/	506.193
=	10.49 %

where

	Total Debt (A: Mar. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15.418	+	461.395
=	476.813

	Total Debt (A: Mar. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	37.003	+	498.57
=	535.573

S K S Textiles's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2019 )	+	Total Debt (Q: Mar. 2020 ))	/ count )
=	-1 * 0	/	( (476.813	+	535.573)	/ 2 )
=	-1 * 0	/	506.193
=	0.00 %

where

	Total Debt (Q: Mar. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15.418	+	461.395
=	476.813

	Total Debt (Q: Mar. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	37.003	+	498.57
=	535.573

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. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

S K S Textiles (NSE:SKSTEXTILE) Effective Interest Rate on Debt % Explanation

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

S K S Textiles Effective Interest Rate on Debt % Related Terms

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S K S Textiles (NSE:SKSTEXTILE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » S K S Textiles Ltd (NSE:SKSTEXTILE) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senapati Bapat Marg, Gala No. 431, Keval Industrial Estate, 4th Floor, Lower Parel West, Mumbai, MH, IND, 400013

Website

http://www.groupsks.com

S K S Textiles Ltd is a textile company. It is engaged in the business of textile manufacturing and trading. The company manufactures grey fabrics and finished fabrics for shirting, suiting, and other accessories for its own brand and for other garment companies.

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