Sona BLW Precision Forgings (NSE:SONACOMS) Effective Interest Rate on Debt % : 3.58% (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Sona BLW Precision Forgings 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. Sona BLW Precision Forgings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹147 Mil. Sona BLW Precision Forgings's average total debt for the quarter that ended in Mar. 2024 was ₹4,121 Mil. Therefore, Sona BLW Precision Forgings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.58%.

Sona BLW Precision Forgings Effective Interest Rate on Debt % Historical Data

The historical data trend for Sona BLW Precision Forgings'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.

Sona BLW Precision Forgings Effective Interest Rate on Debt % Chart

Sona BLW Precision Forgings Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

8.47

7.49

6.10

6.78

6.32

Sona BLW Precision Forgings Quarterly Data
	Mar19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													3.83	7.23	6.22	7.60	3.58

Competitive Comparison of Sona BLW Precision Forgings's Effective Interest Rate on Debt %

For the Auto Parts subindustry, Sona BLW Precision Forgings'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.

Sona BLW Precision Forgings's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sona BLW Precision Forgings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Sona BLW Precision Forgings's Effective Interest Rate on Debt % falls into.

Sona BLW Precision Forgings Effective Interest Rate on Debt % Calculation

Sona BLW Precision Forgings'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 * -223.64	/	( (2951.9	+	4121.33)	/ 2 )
=	-1 * -223.64	/	3536.615
=	6.32 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1146.04	+	1805.86
=	2951.9

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1983.78	+	2137.55
=	4121.33

Sona BLW Precision Forgings'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: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -147.36	/	( (0	+	4121.33)	/ 1 )
=	-1 * -147.36	/	4121.33
=	3.58 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1983.78	+	2137.55
=	4121.33

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

Sona BLW Precision Forgings (NSE:SONACOMS) Effective Interest Rate on Debt % Explanation

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

Sona BLW Precision Forgings Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Sona BLW Precision Forgings's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sona BLW Precision Forgings (NSE:SONACOMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sona BLW Precision Forgings Ltd (NSE:SONACOMS) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

543300:India

Address

Sona Enclave, Sector 35, Post box No. 90, Village Begumpur Khatola, Gurugram, HR, IND, 122 004

Website

https://www.sonacomstar.com

Sona BLW Precision Forgings Ltd is an automotive technology company in India. It is primarily engaged in designing, manufacturing, and supplying of precision forged bevel gears and differential case assemblies, conventional and micro-hybrid starter motors, EV traction motors for automotive and other applications. The Company's operating business is organised and managed according to a single primary reportable business segment namely Automotive Components. Geographically, it derives a majority of revenue from Outside India.

Sona BLW Precision Forgings (NSE:SONACOMS) Headlines

No Headlines