3i Infotech (BOM:532628) Effective Interest Rate on Debt % : 11.17% (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is 3i Infotech 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. 3i Infotech's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹94 Mil. 3i Infotech's average total debt for the quarter that ended in Mar. 2024 was ₹845 Mil. Therefore, 3i Infotech's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 11.17%.

3i Infotech Effective Interest Rate on Debt % Historical Data

The historical data trend for 3i Infotech'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.

3i Infotech Effective Interest Rate on Debt % Chart

3i Infotech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

16.47

24.67

4.27

8.52

10.98

3i Infotech 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															10.31	9.50	10.23	10.50	11.17

Competitive Comparison of 3i Infotech's Effective Interest Rate on Debt %

For the Information Technology Services subindustry, 3i Infotech'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.

3i Infotech's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, 3i Infotech's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where 3i Infotech's Effective Interest Rate on Debt % falls into.

3i Infotech Effective Interest Rate on Debt % Calculation

3i Infotech'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 * -100.9	/	( (993.2	+	844.8)	/ 2 )
=	-1 * -100.9	/	919
=	10.98 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	463.7	+	529.5
=	993.2

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	275.6	+	569.2
=	844.8

3i Infotech'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 * -94.4	/	( (0	+	844.8)	/ 1 )
=	-1 * -94.4	/	844.8
=	11.17 %

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
=	275.6	+	569.2
=	844.8

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.

3i Infotech (BOM:532628) Effective Interest Rate on Debt % Explanation

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

3i Infotech Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of 3i Infotech's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

3i Infotech (BOM:532628) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 3i Infotech Ltd (BOM:532628) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

3IINFOLTD:India

Address

International Infotech Park, Tower No. 5, 3rd to 6th Floors, Vashi, Navi Mumbai, MH, IND, 400703

Website

https://www.3i-infotech.com

3i Infotech Ltd is an information technology company. It provides a set of Internet protocol (IP)-based software solutions with a range of IT services. The firm operates through two segments: IT Solutions and Transaction Services. The IT Solutions segment includes the sale of IT products developed by the company and provides IT services to various companies on an outsourcing business model. It includes packaged applications for the banking, insurance, capital markets, asset and wealth management (BFSI) space, and an enterprise resource planning (ERP) suite. The Transaction Services segment covers the management of back-office operations for BFSI clients. Through transaction service offerings, the firm provides clients with services, such as human resources and payroll management services.

3i Infotech (BOM:532628) Headlines

No Headlines