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Tata Consumer Products (Tata Consumer Products) Effective Interest Rate on Debt % : 4.93% (As of Mar. 2024)


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What is Tata Consumer Products 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. Tata Consumer Products's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $20.64 Mil. Tata Consumer Products's average total debt for the quarter that ended in Mar. 2024 was $418.83 Mil. Therefore, Tata Consumer Products's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.93%.


Tata Consumer Products Effective Interest Rate on Debt % Historical Data

The historical data trend for Tata Consumer Products'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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Tata Consumer Products Effective Interest Rate on Debt % Chart

Tata Consumer Products Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.50 4.28 4.63 5.58 5.10

Tata Consumer Products Quarterly Data
Jun19 Sep19 Dec19 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 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 Premium Member Only Premium Member Only 6.91 6.56 7.29 8.77 4.93

Competitive Comparison of Tata Consumer Products's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Tata Consumer Products'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.


Tata Consumer Products's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tata Consumer Products's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Tata Consumer Products's Effective Interest Rate on Debt % falls into.



Tata Consumer Products Effective Interest Rate on Debt % Calculation

Tata Consumer Products'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  *  -15.636/( (194.495+418.834)/ 2 )
=-1  *  -15.636/306.6645
=5.10 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=69.084 + 125.411
=194.495

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=75.631 + 343.203
=418.834

Tata Consumer Products'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  *  -20.636/( (0+418.834)/ 1 )
=-1  *  -20.636/418.834
=4.93 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=75.631 + 343.203
=418.834

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


Tata Consumer Products  (OTCPK:TTAEY) Effective Interest Rate on Debt % Explanation

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


Tata Consumer Products Effective Interest Rate on Debt % Related Terms

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Tata Consumer Products (Tata Consumer Products) Business Description

Traded in Other Exchanges
Address
11/13 Botawala Building 1st Floor, Office No 2-6 Horniman Circle Fort, Fort, Mumbai, MH, IND, 400 001
Tata Consumer Products Ltd is a manufacturer and supplier of consumer food and beverages. The company's products include tea, coffee, water, salt, pulses, spices, and ready-to-eat offerings. Its key beverage brands include Tata Tea, Tetley, Eight O'Clock Coffee, Tata Coffee Grand, and Himalayan Natural Mineral Water. Its food portfolio includes brands such as Tata Salt and Tata Sampann. Its segment includes Branded Business, Non-Branded Business and Others. The company has an international presence and generates more than half of its revenue in India.

Tata Consumer Products (Tata Consumer Products) Headlines

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