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Hariyana Ship Breakers (BOM:526931) Effective Interest Rate on Debt % : 17.73% (As of Mar. 2024)


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What is Hariyana Ship Breakers 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. Hariyana Ship Breakers's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹26 Mil. Hariyana Ship Breakers's average total debt for the quarter that ended in Mar. 2024 was ₹149 Mil. Therefore, Hariyana Ship Breakers's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 17.73%.


Hariyana Ship Breakers Effective Interest Rate on Debt % Historical Data

The historical data trend for Hariyana Ship Breakers'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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Hariyana Ship Breakers Effective Interest Rate on Debt % Chart

Hariyana Ship Breakers 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 7.17 25.63 30.85 16.54 13.07

Hariyana Ship Breakers Quarterly Data
Mar19 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 21.22 13.39 1.58 32.87 17.73

Competitive Comparison of Hariyana Ship Breakers's Effective Interest Rate on Debt %

For the Waste Management subindustry, Hariyana Ship Breakers'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.


Hariyana Ship Breakers's Effective Interest Rate on Debt % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Hariyana Ship Breakers's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Hariyana Ship Breakers's Effective Interest Rate on Debt % falls into.



Hariyana Ship Breakers Effective Interest Rate on Debt % Calculation

Hariyana Ship Breakers'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  *  -24.842/( (231.014+149.135)/ 2 )
=-1  *  -24.842/190.0745
=13.07 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.492 + 228.522
=231.014

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.111 + 148.024
=149.135

Hariyana Ship Breakers'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  *  -26.448/( (0+149.135)/ 1 )
=-1  *  -26.448/149.135
=17.73 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.111 + 148.024
=149.135

* 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.


Hariyana Ship Breakers  (BOM:526931) Effective Interest Rate on Debt % Explanation

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


Hariyana Ship Breakers Effective Interest Rate on Debt % Related Terms

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Hariyana Ship Breakers (BOM:526931) Business Description

Traded in Other Exchanges
N/A
Address
220, Jamnalal Bajaj Marg, 156, Maker Chamber VI, Nariman Point, Mumbai, MH, IND, 400 021
Hariyana Ship Breakers Ltd is an Indian company engaged in the business of ship breaking, trading, and investment activities. The company's segments include Mumbai; Bhavnagar and Industrial Oxygen and Trading.

Hariyana Ship Breakers (BOM:526931) Headlines

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