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Adarsh Plant Protect (BOM:526711) Effective Interest Rate on Debt % : 4.43% (As of Mar. 2024)


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What is Adarsh Plant Protect 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. Adarsh Plant Protect's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹2.0 Mil. Adarsh Plant Protect's average total debt for the quarter that ended in Mar. 2024 was ₹45.2 Mil. Therefore, Adarsh Plant Protect's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.43%.


Adarsh Plant Protect Effective Interest Rate on Debt % Historical Data

The historical data trend for Adarsh Plant Protect'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.

Adarsh Plant Protect Effective Interest Rate on Debt % Chart

Adarsh Plant Protect Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.31 3.33 3.19 3.88 4.38

Adarsh Plant Protect 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 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 2.31 3.09 6.26 3.60 4.43

Competitive Comparison of Adarsh Plant Protect's Effective Interest Rate on Debt %

For the Farm & Heavy Construction Machinery subindustry, Adarsh Plant Protect'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.


Adarsh Plant Protect's Effective Interest Rate on Debt % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Adarsh Plant Protect's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Adarsh Plant Protect's Effective Interest Rate on Debt % falls into.



Adarsh Plant Protect Effective Interest Rate on Debt % Calculation

Adarsh Plant Protect'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  *  -2.088/( (50.229+45.168)/ 2 )
=-1  *  -2.088/47.6985
=4.38 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=28.042 + 22.187
=50.229

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26.817 + 18.351
=45.168

Adarsh Plant Protect'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  *  -2/( (0+45.168)/ 1 )
=-1  *  -2/45.168
=4.43 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26.817 + 18.351
=45.168

* 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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Adarsh Plant Protect  (BOM:526711) Effective Interest Rate on Debt % Explanation

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


Adarsh Plant Protect Effective Interest Rate on Debt % Related Terms

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Adarsh Plant Protect (BOM:526711) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 604, G.I.D.C. Estate, Vitthal Udyognagar, Anand, GJ, IND, 388121
Adarsh Plant Protect Ltd is an Indian company which is engaged in manufacturing and selling plant protection and agricultural equipment. It mainly manufactures manual and battery-operated knapsack sprayer pumps, fertilizer dusters and broadcasters, and manual and power operated seed dressing drums. The agricultural equipment produces by the company includes hand-operated agricultural sprayer pumps, foot-operated agricultural sprayer pumps, rocker sprayer pumps, and others under the Adarsh brand. The company also manufactures barrels with MS/GI sheets, HMHDPE composite barrels of GI sheets, and inside epoxy lacquered MS barrels. The operating segments of the company are Agricultural Equipment, Barrel, and Eco Stove.

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