AVT Natural Products (BOM:519105) Effective Interest Rate on Debt % : 11.10% (As of Dec. 2023)

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What is AVT Natural 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. AVT Natural Products's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹78 Mil. AVT Natural Products's average total debt for the quarter that ended in Dec. 2023 was ₹703 Mil. Therefore, AVT Natural Products's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 11.10%.

AVT Natural Products Effective Interest Rate on Debt % Historical Data

The historical data trend for AVT Natural 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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AVT Natural Products Effective Interest Rate on Debt % Chart

AVT Natural Products Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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6.04

6.33

4.78

6.49

10.11

AVT Natural Products Quarterly Data
	Mar19	Jun19	Sep19	Dec19	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															5.99	-3.00	6.46	12.98	11.10

Competitive Comparison of AVT Natural Products's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, AVT Natural 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.

AVT Natural Products's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

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

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

AVT Natural Products Effective Interest Rate on Debt % Calculation

AVT Natural Products'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 * -31.435	/	( (251.934	+	370.006)	/ 2 )
=	-1 * -31.435	/	310.97
=	10.11 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	73.093	+	178.841
=	251.934

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	104.708	+	265.298
=	370.006

AVT Natural Products'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 * -78	/	( (702.681	+	0)	/ 1 )
=	-1 * -78	/	702.681
=	11.10 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	103.405	+	599.276
=	702.681

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

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.

AVT Natural Products (BOM:519105) Effective Interest Rate on Debt % Explanation

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

AVT Natural Products Effective Interest Rate on Debt % Related Terms

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AVT Natural Products (BOM:519105) Business Description

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AVTNPL:India

Address

60, Rukmani Lakshmipathy Salai, Egmore, Chennai, TN, IND, 600 008

Website

https://www.avtnatural.com

AVT Natural Products Ltd is engaged in the business segment of Food & Feed Ingredients from Natural Raw materials. It manufactures plant-based extracts and natural ingredients solutions for the food, beverage, animal nutrition and nutraceutical industries. There are five business categories: Marigold Extracts for Eye Care, Food Coloring & Poultry Pigmentation; Spice oleoresins and Oils for Food Colouring and Flavouring, Value added Teas - Decaffeinated Teas and Instant Teas; Animal Health & Nutrition Products and Rosemary extract. Geographically, the group has a business presence in India and other countries, of which key revenue is generated from other countries.

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