Ultra Wiring Connectivity System (NSE:UWCSL) Effective Interest Rate on Debt % : 12.51% (As of Mar. 2023)

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What is Ultra Wiring Connectivity System 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. Ultra Wiring Connectivity System's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was ₹6.2 Mil. Ultra Wiring Connectivity System's average total debt for the quarter that ended in Mar. 2023 was ₹49.3 Mil. Therefore, Ultra Wiring Connectivity System's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 12.51%.

Ultra Wiring Connectivity System Effective Interest Rate on Debt % Historical Data

The historical data trend for Ultra Wiring Connectivity System'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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Ultra Wiring Connectivity System Effective Interest Rate on Debt % Chart

Ultra Wiring Connectivity System Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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5.24

6.09

7.30

7.05

10.84

Ultra Wiring Connectivity System Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial										7.22	7.17	6.95	8.27	12.51

Competitive Comparison of Ultra Wiring Connectivity System's Effective Interest Rate on Debt %

For the Auto Parts subindustry, Ultra Wiring Connectivity System'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.

Ultra Wiring Connectivity System's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ultra Wiring Connectivity System's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Ultra Wiring Connectivity System's Effective Interest Rate on Debt % falls into.

Ultra Wiring Connectivity System Effective Interest Rate on Debt % Calculation

Ultra Wiring Connectivity System'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 * -4.85	/	( (38.294	+	51.152)	/ 2 )
=	-1 * -4.85	/	44.723
=	10.84 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	32.997	+	5.297
=	38.294

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	42.844	+	8.308
=	51.152

Ultra Wiring Connectivity System'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: Sep. 2022 )	+	Total Debt (Q: Mar. 2023 ))	/ count )
=	-1 * -6.16	/	( (47.357	+	51.152)	/ 2 )
=	-1 * -6.16	/	49.2545
=	12.51 %

where

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	39.521	+	7.836
=	47.357

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	42.844	+	8.308
=	51.152

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

Ultra Wiring Connectivity System (NSE:UWCSL) Effective Interest Rate on Debt % Explanation

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

Ultra Wiring Connectivity System Effective Interest Rate on Debt % Related Terms

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Ultra Wiring Connectivity System (NSE:UWCSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ultra Wiring Connectivity System Ltd (NSE:UWCSL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

HSIIDC Industrial Estate, Plot No. 287, A&B, Sector-59, Ballabgarh, Faridabad, HR, IND, 121004

Website

https://www.ultrawiring.com

Ultra Wiring Connectivity System Ltd is an India-based company engaged in the business of manufacturing of Couplers, Connectors and allied products for OEMs and Tier 1 manufacturers the company. The company earns revenue from the sale of Wipers, Couplers, Blade Fuse and scrap.

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