GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Veranda Learning Solutions Ltd (NSE:VERANDA) » Definitions » Effective Interest Rate on Debt %

Veranda Learning Solutions (NSE:VERANDA) Effective Interest Rate on Debt % : 21.55% (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Veranda Learning Solutions 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. Veranda Learning Solutions's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ₹1,328 Mil. Veranda Learning Solutions's average total debt for the quarter that ended in Dec. 2024 was ₹6,164 Mil. Therefore, Veranda Learning Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 21.55%.


Veranda Learning Solutions Effective Interest Rate on Debt % Historical Data

The historical data trend for Veranda Learning Solutions'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.

Veranda Learning Solutions Effective Interest Rate on Debt % Chart

Veranda Learning Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial - 0.73 7.93 3.81 15.35

Veranda Learning Solutions Quarterly Data
Mar19 Mar20 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 17.53 20.28 20.52 21.56 21.55

Competitive Comparison of Veranda Learning Solutions's Effective Interest Rate on Debt %

For the Education & Training Services subindustry, Veranda Learning Solutions'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.


Veranda Learning Solutions's Effective Interest Rate on Debt % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Veranda Learning Solutions's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Veranda Learning Solutions's Effective Interest Rate on Debt % falls into.


;
;

Veranda Learning Solutions Effective Interest Rate on Debt % Calculation

Veranda Learning Solutions'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  *  -682.491/( (3061.597+5833.575)/ 2 )
=-1  *  -682.491/4447.586
=15.35 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2836.587 + 225.01
=3061.597

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2588.628 + 3244.947
=5833.575

Veranda Learning Solutions'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  *  -1328.024/( (6163.752+0)/ 1 )
=-1  *  -1328.024/6163.752
=21.55 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5302.65 + 861.102
=6163.752

* 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.


Veranda Learning Solutions  (NSE:VERANDA) Effective Interest Rate on Debt % Explanation

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


Veranda Learning Solutions Effective Interest Rate on Debt % Related Terms

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


Veranda Learning Solutions Business Description

Traded in Other Exchanges
Address
No. 807-808, Anna Salai, G.R Complex, First floor, Nandanam, Chennai, TN, IND, 600035
Veranda Learning Solutions Ltd is an India-based company that serves as a holding company. The group is focused on developing and managing an integrated Online to Offline (O2O) EdTech platform. This platform offers a range of learning programs for individuals preparing for competitive and professional exams. It includes curated learning content, books, and Q&A in its repository for exams such as the Tamil Nadu Public Service Commission (TNPSC), SSC, RRB and Banking exams, Chartered Accountancy, and IAS courses. In addition to this, the group is involved in providing online training and coaching services. The company's operations are exclusively within India.

Veranda Learning Solutions Headlines

No Headlines