Alfa Ica (India) (BOM:530973) Effective Interest Rate on Debt % : 11.25% (As of Dec. 2023)

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What is Alfa Ica (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. Alfa Ica (India)'s annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹15.9 Mil. Alfa Ica (India)'s average total debt for the quarter that ended in Dec. 2023 was ₹140.9 Mil. Therefore, Alfa Ica (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 11.25%.

Alfa Ica (India) Effective Interest Rate on Debt % Historical Data

The historical data trend for Alfa Ica (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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Alfa Ica (India) Effective Interest Rate on Debt % Chart

Alfa Ica (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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9.85

9.45

9.67

9.53

9.49

Alfa Ica (India) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															9.78	8.99	11.04	10.19	11.25

Competitive Comparison of Alfa Ica (India)'s Effective Interest Rate on Debt %

For the Furnishings, Fixtures & Appliances subindustry, Alfa Ica (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.

Alfa Ica (India)'s Effective Interest Rate on Debt % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Alfa Ica (India)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Alfa Ica (India)'s Effective Interest Rate on Debt % falls into.

Alfa Ica (India) Effective Interest Rate on Debt % Calculation

Alfa Ica (India)'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 * -15.386	/	( (174.433	+	149.729)	/ 2 )
=	-1 * -15.386	/	162.081
=	9.49 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	54.919	+	119.514
=	174.433

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	55.77	+	93.959
=	149.729

Alfa Ica (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -15.856	/	( (140.932	+	0)	/ 1 )
=	-1 * -15.856	/	140.932
=	11.25 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	58.909	+	82.023
=	140.932

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

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

Alfa Ica (India) (BOM:530973) Effective Interest Rate on Debt % Explanation

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

Alfa Ica (India) Effective Interest Rate on Debt % Related Terms

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Alfa Ica (India) (BOM:530973) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Alfa Ica (India) Ltd (BOM:530973) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Satellite Road, Near Shivranjani Cross Road, Alfa Pallazzo, Jodhpur, Ahmedabad, GJ, IND, 380 015

Website

http://www.alfaica.com

Alfa Ica (India) Ltd is an India-based company engaged in the process of manufacturing High-Pressure Laminate Sheets and Compacts which are available in different Colours, Designs, and Textures. The Laminate sheets are used for various applications in areas including Furniture Covering, Wall Paneling, Partitions, Door Covering and Shower Panels. It generates revenue from Decorative laminates. Geographically, it derives a majority of its revenue from Outside India.

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