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Alacrity Securities (BOM:535916) Effective Interest Rate on Debt % : 15.50% (As of Mar. 2024)


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What is Alacrity Securities 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. Alacrity Securities's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹9 Mil. Alacrity Securities's average total debt for the quarter that ended in Mar. 2024 was ₹59 Mil. Therefore, Alacrity Securities's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 15.50%.


Alacrity Securities Effective Interest Rate on Debt % Historical Data

The historical data trend for Alacrity Securities'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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Alacrity Securities Effective Interest Rate on Debt % Chart

Alacrity Securities 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 8.99 6.12 3.54 8.91 15.88

Alacrity Securities Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 -0.17 6.90 11.05 7.13 15.50

Competitive Comparison of Alacrity Securities's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Alacrity Securities'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.


Alacrity Securities's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Alacrity Securities's Effective Interest Rate on Debt % distribution charts can be found below:

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



Alacrity Securities Effective Interest Rate on Debt % Calculation

Alacrity Securities'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  *  -7.666/( (76.804+19.77)/ 2 )
=-1  *  -7.666/48.287
=15.88 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 76.804
=76.804

Alacrity Securities'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: Sep. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -9.11/( (97.803+19.77)/ 2 )
=-1  *  -9.11/58.7865
=15.50 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 97.803
=97.803

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


Alacrity Securities  (BOM:535916) Effective Interest Rate on Debt % Explanation

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


Alacrity Securities Effective Interest Rate on Debt % Related Terms

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Alacrity Securities (BOM:535916) Business Description

Traded in Other Exchanges
N/A
Address
Bhogilal Phadia Road, 101-102/8, Hari Darshan Building, Near SVP Primary School, Kandivali (West), Mumbai, MH, IND, 400067
Alacrity Securities Ltd provides financial services. The company's services include equity services including equity broking and portfolio management services. It has an Equity and Futures and Options Segment providing services to HNI Clients and small Investors.

Alacrity Securities (BOM:535916) Headlines

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