Kamat Hotels (India) (BOM:526668) Effective Interest Rate on Debt % : 22.49% (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Kamat Hotels (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. Kamat Hotels (India)'s annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹596 Mil. Kamat Hotels (India)'s average total debt for the quarter that ended in Mar. 2024 was ₹2,651 Mil. Therefore, Kamat Hotels (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 22.49%.

Kamat Hotels (India) Effective Interest Rate on Debt % Historical Data

The historical data trend for Kamat Hotels (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.

* Premium members only.

Kamat Hotels (India) Effective Interest Rate on Debt % Chart

Kamat Hotels (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

7.76

7.97

9.92

5.47

19.81

Kamat Hotels (India) 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															-11.20	18.60	18.51	14.91	22.49

Competitive Comparison of Kamat Hotels (India)'s Effective Interest Rate on Debt %

For the Lodging subindustry, Kamat Hotels (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.

Kamat Hotels (India)'s Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kamat Hotels (India)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Kamat Hotels (India)'s Effective Interest Rate on Debt % falls into.

Kamat Hotels (India) Effective Interest Rate on Debt % Calculation

Kamat Hotels (India)'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 * -605.532	/	( (3463.144	+	2651.018)	/ 2 )
=	-1 * -605.532	/	3057.081
=	19.81 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2061.661	+	1401.483
=	3463.144

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2476.516	+	174.502
=	2651.018

Kamat Hotels (India)'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 * -596.276	/	( (0	+	2651.018)	/ 1 )
=	-1 * -596.276	/	2651.018
=	22.49 %

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
=	2476.516	+	174.502
=	2651.018

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.

Kamat Hotels (India) (BOM:526668) Effective Interest Rate on Debt % Explanation

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

Kamat Hotels (India) Effective Interest Rate on Debt % Related Terms

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

Kamat Hotels (India) (BOM:526668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kamat Hotels (India) Ltd (BOM:526668) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

KAMATHOTEL:India

Address

70-C, Nehru Road, Adjoining Orchid Hotel, Near Santacruz Airport, Vile Parle (East), Mumbai, MH, IND, 400 099

Website

https://www.khil.com

Kamat Hotels (India) Ltd, together with its subsidiaries, is engaged in the hospitality and related businesses in India. The company operates hotels and restaurants under the Orchid, Gadh, VITS, and Lotus brand names. The company's activities are categorized as operation of hotels owned by the company, management of hotels owned by other parties under contract, catering services, and timeshare. It is also involved in the management of hotels owned by other parties under contract; clubs resorts; and timeshare business. All the operations are basically functioned through the region of India.

Kamat Hotels (India) (BOM:526668) Headlines

No Headlines