POWERGRID Infrastructure Investment Trust (BOM:543290) Effective Interest Rate on Debt % : 7.86% (As of Mar. 2023)

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What is POWERGRID Infrastructure Investment Trust 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. POWERGRID Infrastructure Investment Trust's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was ₹449 Mil. POWERGRID Infrastructure Investment Trust's average total debt for the quarter that ended in Mar. 2023 was ₹5,721 Mil. Therefore, POWERGRID Infrastructure Investment Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 7.86%.

POWERGRID Infrastructure Investment Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for POWERGRID Infrastructure Investment Trust'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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POWERGRID Infrastructure Investment Trust Effective Interest Rate on Debt % Chart

POWERGRID Infrastructure Investment Trust Annual Data

Trend

Mar18

Mar19

Mar20

Mar22

Mar23

Effective Interest Rate on Debt %

2.12

5.93

7.94

7.22

POWERGRID Infrastructure Investment Trust Quarterly Data
	Mar18	Mar19	Mar20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial							0.06	5.76	-	-	7.86

Competitive Comparison of POWERGRID Infrastructure Investment Trust's Effective Interest Rate on Debt %

For the Utilities - Independent Power Producers subindustry, POWERGRID Infrastructure Investment Trust'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.

POWERGRID Infrastructure Investment Trust's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, POWERGRID Infrastructure Investment Trust's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where POWERGRID Infrastructure Investment Trust's Effective Interest Rate on Debt % falls into.

POWERGRID Infrastructure Investment Trust Effective Interest Rate on Debt % Calculation

POWERGRID Infrastructure Investment Trust'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 * -413.83	/	( (5749.06	+	5720.78)	/ 2 )
=	-1 * -413.83	/	5734.92
=	7.22 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5720.28	+	28.78
=	5749.06

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5692	+	28.78
=	5720.78

POWERGRID Infrastructure Investment Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Mar. 2023 ))	/ count )
=	-1 * -449.4	/	( (0	+	5720.78)	/ 1 )
=	-1 * -449.4	/	5720.78
=	7.86 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5692	+	28.78
=	5720.78

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

POWERGRID Infrastructure Investment Trust (BOM:543290) Effective Interest Rate on Debt % Explanation

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

POWERGRID Infrastructure Investment Trust Effective Interest Rate on Debt % Related Terms

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POWERGRID Infrastructure Investment Trust (BOM:543290) Business Description

Industry

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Traded in Other Exchanges

PGINVIT:India

Address

Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001

Website

http://www.pginvit.in

POWERGRID Infrastructure Investment Trust own, construct, operate, maintain and invest as an infrastructure investment trust as permissible in terms of the InvIT Regulations, including in power transmission assets in India. Its primary business segment is namely power transmission network for the transmission system.

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