Upsurge Investment & Finance (BOM:531390) Effective Interest Rate on Debt % : 5.41% (As of Mar. 2024)

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What is Upsurge Investment & Finance 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. Upsurge Investment & Finance's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹1.7 Mil. Upsurge Investment & Finance's average total debt for the quarter that ended in Mar. 2024 was ₹32.0 Mil. Therefore, Upsurge Investment & Finance's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.41%.

Upsurge Investment & Finance Effective Interest Rate on Debt % Historical Data

The historical data trend for Upsurge Investment & Finance'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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Upsurge Investment & Finance Effective Interest Rate on Debt % Chart

Upsurge Investment & Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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4.45

3.87

5.18

8.25

5.10

Upsurge Investment & Finance 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															13.46	5.66	205.14	207.72	5.41

Competitive Comparison of Upsurge Investment & Finance's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Upsurge Investment & Finance'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.

Upsurge Investment & Finance's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Upsurge Investment & Finance's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Upsurge Investment & Finance's Effective Interest Rate on Debt % falls into.

Upsurge Investment & Finance Effective Interest Rate on Debt % Calculation

Upsurge Investment & Finance'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 * -1.397	/	( (22.831	+	31.952)	/ 2 )
=	-1 * -1.397	/	27.3915
=	5.10 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22.831	+	0
=	22.831

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	31.952	+	0
=	31.952

Upsurge Investment & Finance'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 * -1.728	/	( (0	+	31.952)	/ 1 )
=	-1 * -1.728	/	31.952
=	5.41 %

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
=	31.952	+	0
=	31.952

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.

Upsurge Investment & Finance (BOM:531390) Effective Interest Rate on Debt % Explanation

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

Upsurge Investment & Finance Effective Interest Rate on Debt % Related Terms

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Upsurge Investment & Finance (BOM:531390) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Upsurge Investment & Finance Ltd (BOM:531390) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off New Link Road, Behind Crystal Plaza, Office No. 303, Morya Landmark-I, Andheri (West), Mumbai, MH, IND, 400053

Website

https://www.upsurgeinvestment.com

Upsurge Investment & Finance Ltd is a non-banking finance company. It is mainly engaged in the business of investment and finance. In addition, the company is actively investing in primary and secondary markets. The company operates mainly in the business segment of fund based financing activity. It provides a wide range of services including corporate finance, gold loans, real estate mortgage finance, and loans against shares and securities.

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