United Spirits (BOM:532432) Effective Interest Rate on Debt % : 32.35% (As of Dec. 2023)

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What is United Spirits 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. United Spirits's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹656 Mil. United Spirits's average total debt for the quarter that ended in Dec. 2023 was ₹2,028 Mil. Therefore, United Spirits's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 32.35%.

United Spirits Effective Interest Rate on Debt % Historical Data

The historical data trend for United Spirits'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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United Spirits Effective Interest Rate on Debt % Chart

United Spirits Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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7.52

7.78

10.41

10.72

26.35

United Spirits 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															17.52	78.56	9.38	51.68	32.35

Competitive Comparison of United Spirits's Effective Interest Rate on Debt %

For the Beverages - Wineries & Distilleries subindustry, United Spirits'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.

United Spirits's Effective Interest Rate on Debt % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, United Spirits's Effective Interest Rate on Debt % distribution charts can be found below:

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

United Spirits Effective Interest Rate on Debt % Calculation

United Spirits'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 * -1039	/	( (6054	+	1833)	/ 2 )
=	-1 * -1039	/	3943.5
=	26.35 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1350	+	4704
=	6054

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	803	+	1030
=	1833

United Spirits'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 * -656	/	( (2028	+	0)	/ 1 )
=	-1 * -656	/	2028
=	32.35 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1057	+	971
=	2028

	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.

United Spirits (BOM:532432) Effective Interest Rate on Debt % Explanation

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

United Spirits Effective Interest Rate on Debt % Related Terms

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United Spirits (BOM:532432) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » United Spirits Ltd (BOM:532432) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

MCDOWELL-N:India

Address

No. 24, Vittal Mallya Road, UB Tower, Bengaluru, KA, IND, 560 001

Website

https://www.diageoindia.com

United Spirits Ltd manufactures and sells spirits, beer, wine, and other alcoholic beverages. The Company is engaged in the business of manufacture, purchase and sale of beverage alcohol and other allied spirits, including through tie-up manufacturing units and through strategic franchising of some of its brands. Its brand portfolio consists of McDowell's No.1, Royal Challenge, Black Dog, Signature, Antiquity, Director's Special Black, McDowell's Rum, McDowell's Brandy, Bagpiper, Old Tavern, and Haywards among others. Geographically, the firm generates a majority of its revenue from India.

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