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Bhatia Communications & Retail (India) (BOM:540956) Effective Interest Rate on Debt % : 9.04% (As of Dec. 2023)


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What is Bhatia Communications & Retail (India) 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. Bhatia Communications & Retail (India)'s annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹22 Mil. Bhatia Communications & Retail (India)'s average total debt for the quarter that ended in Dec. 2023 was ₹247 Mil. Therefore, Bhatia Communications & Retail (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 9.04%.


Bhatia Communications & Retail (India) Effective Interest Rate on Debt % Historical Data

The historical data trend for Bhatia Communications & Retail (India)'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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Bhatia Communications & Retail (India) Effective Interest Rate on Debt % Chart

Bhatia Communications & Retail (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.20 9.08 7.18 3.41 5.08

Bhatia Communications & Retail (India) Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.58 -17.65 8.18 3.73 9.04

Competitive Comparison of Bhatia Communications & Retail (India)'s Effective Interest Rate on Debt %

For the Electronics & Computer Distribution subindustry, Bhatia Communications & Retail (India)'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.


Bhatia Communications & Retail (India)'s Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bhatia Communications & Retail (India)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Bhatia Communications & Retail (India)'s Effective Interest Rate on Debt % falls into.



Bhatia Communications & Retail (India) Effective Interest Rate on Debt % Calculation

Bhatia Communications & Retail (India)'s annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -8.685/( (152.351+189.397)/ 2 )
=-1  *  -8.685/170.874
=5.08 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.381 + 135.97
=152.351

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.545 + 183.852
=189.397

Bhatia Communications & Retail (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -22.34/( (247.04+0)/ 1 )
=-1  *  -22.34/247.04
=9.04 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.845 + 244.195
=247.04

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


Bhatia Communications & Retail (India)  (BOM:540956) Effective Interest Rate on Debt % Explanation

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


Bhatia Communications & Retail (India) Effective Interest Rate on Debt % Related Terms

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Bhatia Communications & Retail (India) (BOM:540956) Business Description

Traded in Other Exchanges
N/A
Address
Ring Road, 132, Dr. Ambedkar Shopping Centre, Surat, GJ, IND, 395002
Bhatia Communications & Retail (India) Ltd is the distributor of mobile handsets and accessories. The firm is engaged in the retail and wholesale distribution of mobile handsets, tablets, data cards and mobile accessories through retail and franchised stores. The business segment includes: It is a growth-oriented company selling multi-product brands that also operates under stores and sells electronic appliances such as television, refrigerators, air conditioners, coolers, washing machines, and microwaves. Bhatia Communications markets and sells its product under the brands: Apple iPhone, Samsung, OPPO, VIVO, etc. Substantial revenue accrues from owned retail stores. It also offers technical expertise and guide to customers to buy the right product as per their needs.

Bhatia Communications & Retail (India) (BOM:540956) Headlines

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