K M Sugar Mills (BOM:532673) Effective Interest Rate on Debt % : 6.82% (As of Mar. 2024)

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What is K M Sugar Mills 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. K M Sugar Mills's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹198 Mil. K M Sugar Mills's average total debt for the quarter that ended in Mar. 2024 was ₹2,911 Mil. Therefore, K M Sugar Mills's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.82%.

K M Sugar Mills Effective Interest Rate on Debt % Historical Data

The historical data trend for K M Sugar Mills'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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K M Sugar Mills Effective Interest Rate on Debt % Chart

K M Sugar Mills Annual Data

Trend

Sep14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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12.03

5.28

5.21

5.63

5.92

K M Sugar Mills 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															5.41	7.94	12.76	7.26	6.82

Competitive Comparison of K M Sugar Mills's Effective Interest Rate on Debt %

For the Confectioners subindustry, K M Sugar Mills'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.

K M Sugar Mills's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, K M Sugar Mills's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where K M Sugar Mills's Effective Interest Rate on Debt % falls into.

K M Sugar Mills Effective Interest Rate on Debt % Calculation

K M Sugar Mills'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 * -165.4	/	( (2678.705	+	2911.2)	/ 2 )
=	-1 * -165.4	/	2794.9525
=	5.92 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	502.421	+	2176.284
=	2678.705

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	280.5	+	2630.7
=	2911.2

K M Sugar Mills'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 * -198.4	/	( (0	+	2911.2)	/ 1 )
=	-1 * -198.4	/	2911.2
=	6.82 %

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
=	280.5	+	2630.7
=	2911.2

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.

K M Sugar Mills (BOM:532673) Effective Interest Rate on Debt % Explanation

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

K M Sugar Mills Effective Interest Rate on Debt % Related Terms

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K M Sugar Mills (BOM:532673) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » K M Sugar Mills Ltd (BOM:532673) » Definitions » Effective Interest Rate on Debt %

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KMSUGAR:India

Address

Post Office Moti Nagar, District Faizabad, Faizabad, UP, IND, 224 201

Website

https://www.kmsugar.com

K M Sugar Mills Ltd is an Indian company engaged in the manufacturing and sale of sugar. The business operating segments of the company are Sugar, Distillery and Power. Other business activities undertaken by the firm consists of manufacturing and sale of Ethanol, Ethyl Alcohol, generation of power using bagasse, and manufacturing and sale of sanitizers. It derives a majority of the revenue from the Sugar segment. Geographically, the company's operations are principally carried out only in India.

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