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Panyam Cements & Mineral Industries (BOM:500322) Effective Interest Rate on Debt % : 9.22% (As of Mar. 2024)


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What is Panyam Cements & Mineral Industries 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. Panyam Cements & Mineral Industries's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹322 Mil. Panyam Cements & Mineral Industries's average total debt for the quarter that ended in Mar. 2024 was ₹3,493 Mil. Therefore, Panyam Cements & Mineral Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 9.22%.


Panyam Cements & Mineral Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for Panyam Cements & Mineral Industries'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.

Panyam Cements & Mineral Industries Effective Interest Rate on Debt % Chart

Panyam Cements & Mineral Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.27 6.79 - 0.02 7.38

Panyam Cements & Mineral Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.09 9.59 10.15 9.22

Competitive Comparison of Panyam Cements & Mineral Industries's Effective Interest Rate on Debt %

For the Building Materials subindustry, Panyam Cements & Mineral Industries'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.


Panyam Cements & Mineral Industries's Effective Interest Rate on Debt % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Panyam Cements & Mineral Industries's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Panyam Cements & Mineral Industries's Effective Interest Rate on Debt % falls into.



Panyam Cements & Mineral Industries Effective Interest Rate on Debt % Calculation

Panyam Cements & Mineral Industries'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  *  -214.007/( (2309.265+3493.435)/ 2 )
=-1  *  -214.007/2901.35
=7.38 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.286 + 2306.979
=2309.265

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3141.36 + 352.075
=3493.435

Panyam Cements & Mineral Industries'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  *  -321.984/( (0+3493.435)/ 1 )
=-1  *  -321.984/3493.435
=9.22 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3141.36 + 352.075
=3493.435

* 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.


Panyam Cements & Mineral Industries  (BOM:500322) Effective Interest Rate on Debt % Explanation

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


Panyam Cements & Mineral Industries Effective Interest Rate on Debt % Related Terms

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Panyam Cements & Mineral Industries (BOM:500322) Business Description

Traded in Other Exchanges
N/A
Address
H.No. 1-65, 1st Floor, Plot No.539, Guttala Begumpet Village, Madhapur, Hyderabad, TG, IND, 500081
Panyam Cements & Mineral Industries Ltd is an India-based manufacturer and supplier of cement products. Its product mix includes ordinary portland cement, portland pozzolana cement and portland slag cement sold under the brand names of PANYAM 53 Grade Cement, 43 Grade Cement, PPC Cement, and PSC Cement. Panyam Cements is used in a large scale for the construction of multi-storied buildings, concrete roads and many housing colonies and townships.

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