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Kalana Ispat (NSE:KALANA) Effective Interest Rate on Debt % : 2.40% (As of Mar. 2024)


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What is Kalana Ispat 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. Kalana Ispat's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹0.8 Mil. Kalana Ispat's average total debt for the quarter that ended in Mar. 2024 was ₹35.4 Mil. Therefore, Kalana Ispat's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.40%.

Kalana Ispat Effective Interest Rate on Debt % Historical Data

The historical data trend for Kalana Ispat'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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Kalana Ispat Effective Interest Rate on Debt % Chart

Kalana Ispat Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
4.23 8.50 7.27 3.51

Kalana Ispat Quarterly Data
Mar21 Mar22 Mar23 Dec23 Mar24
Effective Interest Rate on Debt % - - - - 2.40

Competitive Comparison of Kalana Ispat's Effective Interest Rate on Debt %

For the Steel subindustry, Kalana Ispat'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.

Kalana Ispat's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kalana Ispat's Effective Interest Rate on Debt % distribution charts can be found below:

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


Kalana Ispat Effective Interest Rate on Debt % Calculation

Kalana Ispat'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  *  -2.325/( (86.18+46.138)/ 2 )
=-1  *  -2.325/66.159
=3.51 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 86.18
=86.18

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 46.138
=46.138

Kalana Ispat'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  *  -0.848/( (24.642+46.138)/ 2 )
=-1  *  -0.848/35.39
=2.40 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 24.642
=24.642

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 46.138
=46.138

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

Kalana Ispat  (NSE:KALANA) Effective Interest Rate on Debt % Explanation

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

Kalana Ispat Effective Interest Rate on Debt % Related Terms

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Kalana Ispat Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kalana Ispat Ltd (NSE:KALANA) » Definitions » Effective Interest Rate on Debt %
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Address
C-918, Stratum at Venus Ground, Near Jhasi Ki Rani Statute, Nehrunagar, Ahmedabad, GJ, IND, 380015
Website
Kalana Ispat Ltd primarily manufactures M.S. Billets and Alloy Steel Billets of various grades. The company's business can be divided into segments: Sale of Products and Sale of Services.

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