Yudiz Solutions (NSE:YUDIZ) Effective Interest Rate on Debt % : 12.08% (As of Mar. 2023)

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What is Yudiz 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. Yudiz Solutions's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was ₹1.8 Mil. Yudiz Solutions's average total debt for the quarter that ended in Mar. 2023 was ₹15.2 Mil. Therefore, Yudiz Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 12.08%.

Yudiz Solutions Effective Interest Rate on Debt % Historical Data

The historical data trend for Yudiz 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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Yudiz Solutions Effective Interest Rate on Debt % Chart

Yudiz Solutions Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

11.66

14.07

Yudiz Solutions Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	-	8.70	12.08	-

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

For the Information Technology Services subindustry, Yudiz 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.

Yudiz Solutions's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Yudiz Solutions's Effective Interest Rate on Debt % distribution charts can be found below:

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

Yudiz Solutions Effective Interest Rate on Debt % Calculation

Yudiz 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 * -2.166	/	( (13.947	+	16.839)	/ 2 )
=	-1 * -2.166	/	15.393
=	14.07 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.339	+	5.608
=	13.947

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.136	+	14.703
=	16.839

Yudiz Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2022 )	+	Total Debt (Q: Mar. 2023 ))	/ count )
=	-1 * -1.83	/	( (16.354	+	13.947)	/ 2 )
=	-1 * -1.83	/	15.1505
=	12.08 %

where

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.303	+	3.051
=	16.354

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.339	+	5.608
=	13.947

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Yudiz Solutions (NSE:YUDIZ) Effective Interest Rate on Debt % Explanation

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

Yudiz Solutions Effective Interest Rate on Debt % Related Terms

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Yudiz Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yudiz Solutions Ltd (NSE:YUDIZ) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Iscon-Ambli Road, 13th Floor, B square 2, Ahmedabad, GJ, IND, 380054

Website

https://www.yudiz.com

Yudiz Solutions Ltd is engaged in the business of providing IT solutions and consultancy focused on providing scalable and secure solutions to shape a business idea by implementing the latest and cutting-edge technologies. It offers web, mobile, game and blockchain solutions for business. It is an ISO 9001:2015 certified IT development company and an ideal digital transformation and technology services company for customers' needs. The company has consistently delivered a competitive edge in the form of robust, fore-sighted, and qualitative solutions.

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