Ruchi Infrastructure (BOM:509020) Effective Interest Rate on Debt % : 4.97% (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Ruchi Infrastructure 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. Ruchi Infrastructure's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹51.2 Mil. Ruchi Infrastructure's average total debt for the quarter that ended in Mar. 2024 was ₹1,030.8 Mil. Therefore, Ruchi Infrastructure's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.97%.

Ruchi Infrastructure Effective Interest Rate on Debt % Historical Data

The historical data trend for Ruchi Infrastructure'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.

Ruchi Infrastructure Effective Interest Rate on Debt % Chart

Ruchi Infrastructure Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

12.22

11.43

11.14

10.97

6.87

Ruchi Infrastructure 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															12.80	9.86	5.90	4.71	4.97

Competitive Comparison of Ruchi Infrastructure's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, Ruchi Infrastructure'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.

Ruchi Infrastructure's Effective Interest Rate on Debt % Distribution in the Business Services Industry

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

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

Ruchi Infrastructure Effective Interest Rate on Debt % Calculation

Ruchi Infrastructure'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 * -59.7	/	( (706.211	+	1030.8)	/ 2 )
=	-1 * -59.7	/	868.5055
=	6.87 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	383.687	+	322.524
=	706.211

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	860.9	+	169.9
=	1030.8

Ruchi Infrastructure'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 * -51.2	/	( (0	+	1030.8)	/ 1 )
=	-1 * -51.2	/	1030.8
=	4.97 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	860.9	+	169.9
=	1030.8

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.

Ruchi Infrastructure (BOM:509020) Effective Interest Rate on Debt % Explanation

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

Ruchi Infrastructure Effective Interest Rate on Debt % Related Terms

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

Ruchi Infrastructure (BOM:509020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ruchi Infrastructure Ltd (BOM:509020) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

RUCHINFRA:India

Address

Nath mandir Road, 101, The Horizon, 1st Floor, 11/5 South Tukoganj, Indore, MP, IND, 452 001

Website

http://www.ruchiinfrastructure.com

Ruchi Infrastructure Ltd is engaged in the business of infrastructure, development, and operation of storage tanks, warehouses, and jetty, and generation of power from wind energy. It is organized into three segments Commodities which involve trading in various commodities and products; Infrastructure which includes storage, and Others which involves the manufacturing of soaps and other activities. It generates key revenue from India. The company generates the majority of its revenue from Infrastructure segment.

Ruchi Infrastructure (BOM:509020) Headlines

No Headlines