BASF India (BOM:500042) Effective Interest Rate on Debt % : 7.05% (As of Mar. 2024)

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What is BASF India 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. BASF India's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹110 Mil. BASF India's average total debt for the quarter that ended in Mar. 2024 was ₹1,561 Mil. Therefore, BASF India's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.05%.

BASF India Effective Interest Rate on Debt % Historical Data

The historical data trend for BASF India'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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BASF India Effective Interest Rate on Debt % Chart

BASF India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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8.45

7.28

9.53

12.24

11.86

BASF India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															8.58	29.59	7.01	9.05	7.05

Competitive Comparison of BASF India's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, BASF India'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.

BASF India's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, BASF India's Effective Interest Rate on Debt % distribution charts can be found below:

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

BASF India Effective Interest Rate on Debt % Calculation

BASF India'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 * -155.3	/	( (1058.5	+	1560.7)	/ 2 )
=	-1 * -155.3	/	1309.6
=	11.86 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	610.6	+	447.9
=	1058.5

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1000.6	+	560.1
=	1560.7

BASF India'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 * -110	/	( (0	+	1560.7)	/ 1 )
=	-1 * -110	/	1560.7
=	7.05 %

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
=	1000.6	+	560.1
=	1560.7

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.

BASF India (BOM:500042) Effective Interest Rate on Debt % Explanation

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

BASF India Effective Interest Rate on Debt % Related Terms

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BASF India (BOM:500042) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » BASF India Ltd (BOM:500042) » Definitions » Effective Interest Rate on Debt %

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BASF:India

Address

The Capital, ‘A’ Wing, 1204-C, 12th Floor, Plot No. C-70, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051

Website

https://www.basf.com/in

BASF India Ltd is a subsidiary of BASF SE, and the company manufactures and sells a variety of chemicals. Its segments include the Materials segment produces raw materials for plastics and auto components as well as related consumer products. industrial solutions segment supplies chemicals for paint, stationery goods, plastic production, and mining. The agricultural solutions segment sells pesticides. The surface technologies segment sells chemicals for coatings, construction, and chemical production. The nutrition and care segment sells ingredients for personal care, cleaning, and nutrition. chemicals segment supplies intermediates for the petrochemical and pharmaceutical end markets. Other segment includes activities that are not allocated to any of the continued operating divisions.

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