Ester Industries (BOM:500136) Effective Interest Rate on Debt % : 9.31% (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Ester Industries 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. Ester Industries's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹719 Mil. Ester Industries's average total debt for the quarter that ended in Mar. 2024 was ₹7,725 Mil. Therefore, Ester Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 9.31%.

Ester Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for Ester Industries'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.

Ester Industries Effective Interest Rate on Debt % Chart

Ester Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

11.50

9.53

5.88

5.00

8.86

Ester Industries 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															6.76	8.22	9.14	9.25	9.31

Competitive Comparison of Ester Industries's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Ester Industries'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.

Ester Industries's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ester Industries's Effective Interest Rate on Debt % distribution charts can be found below:

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

Ester Industries Effective Interest Rate on Debt % Calculation

Ester Industries'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 * -703.628	/	( (8157.123	+	7725.305)	/ 2 )
=	-1 * -703.628	/	7941.214
=	8.86 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5381.424	+	2775.699
=	8157.123

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4385.258	+	3340.047
=	7725.305

Ester Industries'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 * -719.116	/	( (0	+	7725.305)	/ 1 )
=	-1 * -719.116	/	7725.305
=	9.31 %

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
=	4385.258	+	3340.047
=	7725.305

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.

Ester Industries (BOM:500136) Effective Interest Rate on Debt % Explanation

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

Ester Industries Effective Interest Rate on Debt % Related Terms

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

Ester Industries (BOM:500136) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ester Industries Ltd (BOM:500136) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

ESTER:India

Address

Plot No. 11, Block-A, Infocity-I, Sector 34, Gurgaon, HR, IND, 122001

Website

https://www.esterindustries.com

Ester Industries Ltd is engaged in the manufacturing of polyester films, specialty polymers, and engineering plastic compounds. It operates through three segments; Polyester chips and film; Speciality Polymers and Engineering Plastics. The company generates maximum revenue from the Polyester chips and film segment. The Polyester chips and film segment is used in primarily flexible packaging and other industrial applications. It serves food packaging; beverage packaging; home and personal care; industrial packaging; construction; automotive; electrical and electronics, carpet, and other industries. Geographically, it derives a majority of its revenue from India.

Ester Industries (BOM:500136) Headlines

No Headlines