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Vision Infra Equipment Solutions (NSE:VIESL) Effective Interest Rate on Debt % : 9.85% (As of Sep. 2024)


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What is Vision Infra Equipment 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. Vision Infra Equipment Solutions's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹265 Mil. Vision Infra Equipment Solutions's average total debt for the quarter that ended in Sep. 2024 was ₹2,687 Mil. Therefore, Vision Infra Equipment Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 9.85%.

Vision Infra Equipment Solutions Effective Interest Rate on Debt % Historical Data

The historical data trend for Vision Infra Equipment 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.

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Vision Infra Equipment Solutions Effective Interest Rate on Debt % Chart

Vision Infra Equipment Solutions Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
7.98 9.59 10.64 8.00

Vision Infra Equipment Solutions Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24
Effective Interest Rate on Debt % - - - - 9.85

Competitive Comparison of Vision Infra Equipment Solutions's Effective Interest Rate on Debt %

For the Rental & Leasing Services subindustry, Vision Infra Equipment 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.

Vision Infra Equipment Solutions's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vision Infra Equipment Solutions's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Vision Infra Equipment Solutions's Effective Interest Rate on Debt % falls into.


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Vision Infra Equipment Solutions Effective Interest Rate on Debt % Calculation

Vision Infra Equipment 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  *  -166.209/( (1514.569+2642.766)/ 2 )
=-1  *  -166.209/2078.6675
=8.00 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=920.361 + 594.208
=1514.569

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1800.877 + 841.889
=2642.766

Vision Infra Equipment Solutions'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: Mar. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -264.654/( (2642.766+2731.1)/ 2 )
=-1  *  -264.654/2686.933
=9.85 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1800.877 + 841.889
=2642.766

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1589.29 + 1141.81
=2731.1

* 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 two times the semi-annual (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Vision Infra Equipment Solutions  (NSE:VIESL) Effective Interest Rate on Debt % Explanation

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

Vision Infra Equipment Solutions Effective Interest Rate on Debt % Related Terms

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Vision Infra Equipment Solutions Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vision Infra Equipment Solutions Ltd (NSE:VIESL) » Definitions » Effective Interest Rate on Debt %
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Traded in Other Exchanges
N/A
Address
International BusinessBay, Shop No 401-405, Bhawani, 4th floor, Gurunanak Nagar, Bhavani Peth, Pune, MH, IND, 411042
Website
https://www.visioninfraindia.com
Vision Infra Equipment Solutions Ltd is a solution provider in the equipment space delivering its services in airports, smart cities, irrigation, buildings & factories, mining, railways, etc. Its portfolio of services includes: renting of road construction equipment and trading and refurbishment of these equipment. Its services offer several advantages, such as improved efficiency, cost control and a streamlined supply chain. The company's business of renting of road construction equipment is executed in two rental modes based on: (i) time-based pricing and (ii) output-based pricing.

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