Plaza Wires (BOM:544003) Effective Interest Rate on Debt % : 10.10% (As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Plaza Wires 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. Plaza Wires's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was ₹40 Mil. Plaza Wires's average total debt for the quarter that ended in Mar. 2023 was ₹400 Mil. Therefore, Plaza Wires's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 10.10%.

Plaza Wires Effective Interest Rate on Debt % Historical Data

The historical data trend for Plaza Wires'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.

Plaza Wires Effective Interest Rate on Debt % Chart

Plaza Wires Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

10.80

11.30

9.05

7.97

10.10

Plaza Wires Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Mar23
Effective Interest Rate on Debt %	10.80	11.30	9.05	7.97	10.10

Competitive Comparison of Plaza Wires's Effective Interest Rate on Debt %

For the Electrical Equipment & Parts subindustry, Plaza Wires'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.

Plaza Wires's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Plaza Wires's Effective Interest Rate on Debt % distribution charts can be found below:

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

Plaza Wires Effective Interest Rate on Debt % Calculation

Plaza Wires'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 * -40.36	/	( (402.28	+	397.24)	/ 2 )
=	-1 * -40.36	/	399.76
=	10.10 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	52.75	+	349.53
=	402.28

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	56.87	+	340.37
=	397.24

Plaza Wires'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: Mar. 2022 )	+	Total Debt (Q: Mar. 2023 ))	/ count )
=	-1 * -40.36	/	( (402.28	+	397.24)	/ 2 )
=	-1 * -40.36	/	399.76
=	10.10 %

where

	Total Debt (Q: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	52.75	+	349.53
=	402.28

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	56.87	+	340.37
=	397.24

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

Plaza Wires (BOM:544003) Effective Interest Rate on Debt % Explanation

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

Plaza Wires Effective Interest Rate on Debt % Related Terms

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

Plaza Wires (BOM:544003) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Plaza Wires Ltd (BOM:544003) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

PLAZACABLE:India

Address

A-74 Okhla Industrial Area, Phase-2, New Delhi, IND, 110020

Website

https://www.plazawires.in

Plaza Wires Ltd is a company engaged in the business of manufacturing and selling of wires, and selling and marketing of LT aluminium cables and fastmoving electrical goods (FMEG) under their flagship brand PLAZA CABLES, and home brands such as Action Wires and PCG.

Plaza Wires (BOM:544003) Headlines

No Headlines