SBI Life Insurance Company Limited (BOM:540719) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)

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What is SBI Life Insurance Company Limited 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. SBI Life Insurance Company Limited's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹0 Mil. SBI Life Insurance Company Limited's average total debt for the quarter that ended in Mar. 2024 was ₹0 Mil. Therefore, SBI Life Insurance Company Limited's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was N/A%.

SBI Life Insurance Company Limited Effective Interest Rate on Debt % Historical Data

The historical data trend for SBI Life Insurance Company Limited'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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SBI Life Insurance Company Limited Effective Interest Rate on Debt % Chart

SBI Life Insurance Company Limited Annual Data

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Mar24

Effective Interest Rate on Debt %

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SBI Life Insurance Company Limited Quarterly Data
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Competitive Comparison of SBI Life Insurance Company Limited's Effective Interest Rate on Debt %

For the Insurance - Life subindustry, SBI Life Insurance Company Limited'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.

SBI Life Insurance Company Limited's Effective Interest Rate on Debt % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, SBI Life Insurance Company Limited's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where SBI Life Insurance Company Limited's Effective Interest Rate on Debt % falls into.

SBI Life Insurance Company Limited Effective Interest Rate on Debt % Calculation

SBI Life Insurance Company Limited'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 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

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

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

SBI Life Insurance Company Limited'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 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

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
=	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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

SBI Life Insurance Company Limited (BOM:540719) Effective Interest Rate on Debt % Explanation

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

SBI Life Insurance Company Limited Effective Interest Rate on Debt % Related Terms

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SBI Life Insurance Company Limited (BOM:540719) Business Description

Industry

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SBILIFE:India

Address

M. V. Road and Western Express Highway Junction, Natraj, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.sbilife.co.in

SBI Life Insurance Company Limited is a life insurance company in India. The company offers insurance products for individuals and groups including Poorna Suraksha, Sampoorn Cancer Suraksha, eShield, CapAssure Gold, and others. The company has many products catering to various customer needs in the life, health, pension, and micro-insurance segments. The company operates through the following segments; Participating, Non-Participating, and Linked segment. The company derives the majority of its revenue from the Non-Participating segment.

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