Happy Square Outsourcing Services (NSE:WHITEFORCE) Effective Interest Rate on Debt %: 11.49% (As of Mar. 2026)


NSE:WHITEFORCE Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
18 GF Score
Price ₹42.35
! 5 Warning Signs
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What is Happy Square Outsourcing Services Effective Interest Rate on Debt %?

Happy Square Outsourcing Services NSE:WHITEFORCE +4.96% 18 Effective Interest Rate on Debt % is 11.49% as of Mar. 2026. GuruFocus rates NSE:WHITEFORCE with a GF Score™ of 18/100. The stock has 5 warning signs investors should review.

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. Happy Square Outsourcing Services's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was ₹9 Mil. Happy Square Outsourcing Services's average total debt for the quarter that ended in Mar. 2026 was ₹75 Mil. Therefore, Happy Square Outsourcing Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 11.49%.


Happy Square Outsourcing Services  (NSE:WHITEFORCE) Effective Interest Rate on Debt % Explanation

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


Happy Square Outsourcing Services Effective Interest Rate on Debt % Related Terms


Happy Square Outsourcing Services Effective Interest Rate on Debt % Historical Data

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The historical data trend for Happy Square Outsourcing Services'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.

Happy Square Outsourcing Services Effective Interest Rate on Debt % Chart

Happy Square Outsourcing Services Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Effective Interest Rate on Debt %
4.56 6.87 9.02 8.63

Happy Square Outsourcing Services Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial 0.00 9.67 8.53 9.30 11.49

NSE:WHITEFORCE vs KFY, RHI, TNET: Effective Interest Rate on Debt % Comparison

For the Staffing & Employment Services subindustry, Happy Square Outsourcing Services'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.


Happy Square Outsourcing Services Effective Interest Rate on Debt % vs Business Services Industry

For the Business Services industry and Industrials sector, Happy Square Outsourcing Services's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Happy Square Outsourcing Services's Effective Interest Rate on Debt % falls into.


NSE:WHITEFORCE
18GF Score
Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Square Outsourcing Services Effective Interest Rate on Debt % Calculation

Happy Square Outsourcing Services's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2025 )+Total Debt  (A: Mar. 2026 ))/ count )
=-1  *  -9.473/( (145.94+73.575)/ 2 )
=-1  *  -9.473/109.7575
=8.63 %

where

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=31.098 + 114.842
=145.94

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18.982 + 54.593
=73.575

Happy Square Outsourcing Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -8.614/( (76.364+73.575)/ 2 )
=-1  *  -8.614/74.9695
=11.49 %

where

Total Debt  (Q: Sep. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=22.31 + 54.054
=76.364

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18.982 + 54.593
=73.575

* 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 (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 11.49% mean?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a Effective Interest Rate on Debt % of 11.49% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Happy Square Outsourcing Services and its competitors.
Is Happy Square Outsourcing Services' Effective Interest Rate on Debt % too high?
Happy Square Outsourcing Services' current Effective Interest Rate on Debt % is 11.49%. Overall, Happy Square Outsourcing Services has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Happy Square Outsourcing Services' Effective Interest Rate on Debt % compare to KFY and RHI?
Happy Square Outsourcing Services' Effective Interest Rate on Debt % of 11.49% can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Business Services company?
A good Effective Interest Rate on Debt % depends on the Business Services industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Happy Square Outsourcing Services and its competitors. Happy Square Outsourcing Services's current Effective Interest Rate on Debt % is 11.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Square Outsourcing Services stock overvalued right now?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a current Effective Interest Rate on Debt % of 11.49%. The current Effective Interest Rate on Debt % is 11.49%. Happy Square Outsourcing Services' overall GF Score™ is 18/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Happy Square Outsourcing Services (NSE:WHITEFORCE), the current Effective Interest Rate on Debt % is 11.49% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Happy Square Outsourcing Services Business Description

Address Nagpur Road, Rajpal Tower 240, Madan Mahal, Jabalpur, MP, IND, 482008
Happy Square Outsourcing Services Ltd is a technology-based consulting firm, involved in tech-based human resource outsourcing business, which focuses on end-to-end solutions. It offers a wide array of services such as Recruitment, Payroll, Onboarding, and flexible staffing. Its comprehensive network, structured processes, professionalism, and work ethics ensure that the company remains at the top on the domestic scale. The company satisfies firms' staffing and recruitment needs in India through its specialized, rich knowledge.
18GF Score

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