Timken India (BOM:522113) Effective Interest Rate on Debt % : 17.43% (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Timken 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. Timken India's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹44 Mil. Timken India's average total debt for the quarter that ended in Mar. 2024 was ₹254 Mil. Therefore, Timken India's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 17.43%.

Timken India Effective Interest Rate on Debt % Historical Data

The historical data trend for Timken 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.

* Premium members only.

Timken India Effective Interest Rate on Debt % Chart

Timken India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

11.77

4.88

7.30

9.03

13.55

Timken 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															17.98	12.19	31.19	29.36	17.43

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

For the Tools & Accessories subindustry, Timken 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.

Timken India's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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

Timken India Effective Interest Rate on Debt % Calculation

Timken 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 * -37.89	/	( (305.46	+	253.62)	/ 2 )
=	-1 * -37.89	/	279.54
=	13.55 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.32	+	299.14
=	305.46

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	165.31	+	88.31
=	253.62

Timken 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 * -44.2	/	( (0	+	253.62)	/ 1 )
=	-1 * -44.2	/	253.62
=	17.43 %

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
=	165.31	+	88.31
=	253.62

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.

Timken India (BOM:522113) Effective Interest Rate on Debt % Explanation

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

Timken India Effective Interest Rate on Debt % Related Terms

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

Timken India (BOM:522113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Timken India Ltd (BOM:522113) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

TIMKEN:India

Address

Phase II, Hosur Road, No. 39-42, Electronic City, Bangalore, KA, IND, 560 100

Website

https://www.timken.com

Timken India Ltd is an India-based company that manufactures, distributes, and services bearings and related components. The company also provides repair and maintenance services for industrial gearboxes. The company's products, which primarily comprise engineered bearings and mechanical power transmission products, are marketed under brand names including Timken, Philadelphia Gear, Carlisle, Drives, Lovejoy, R+L, and Interlube. The company's clients come from sectors including defense, mining, metals, and civil aerospace. Timken India generates the majority of its sales from the Indian domestic market.

Timken India (BOM:522113) Headlines

No Headlines