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McNally Bharat Engineering Co (BOM:532629) Effective Interest Rate on Debt % : 25.53% (As of Dec. 2023)


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What is McNally Bharat Engineering Co 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. McNally Bharat Engineering Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹7,933 Mil. McNally Bharat Engineering Co's average total debt for the quarter that ended in Dec. 2023 was ₹31,078 Mil. Therefore, McNally Bharat Engineering Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 25.53%.


McNally Bharat Engineering Co Effective Interest Rate on Debt % Historical Data

The historical data trend for McNally Bharat Engineering Co'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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McNally Bharat Engineering Co Effective Interest Rate on Debt % Chart

McNally Bharat Engineering Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.94 3.73 1.94 2.13 70.34

McNally Bharat Engineering Co 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 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 67.29 22.26 31.00 24.41 25.53

Competitive Comparison of McNally Bharat Engineering Co's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, McNally Bharat Engineering Co'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.


McNally Bharat Engineering Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, McNally Bharat Engineering Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where McNally Bharat Engineering Co's Effective Interest Rate on Debt % falls into.



McNally Bharat Engineering Co Effective Interest Rate on Debt % Calculation

McNally Bharat Engineering Co'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  *  -19380.156/( (24052.694+31055.134)/ 2 )
=-1  *  -19380.156/27553.914
=70.34 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1504.657 + 22548.037
=24052.694

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.922 + 31041.212
=31055.134

McNally Bharat Engineering Co'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  *  -7933.176/( (31078.368+0)/ 1 )
=-1  *  -7933.176/31078.368
=25.53 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.5 + 31066.868
=31078.368

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


McNally Bharat Engineering Co  (BOM:532629) Effective Interest Rate on Debt % Explanation

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


McNally Bharat Engineering Co Effective Interest Rate on Debt % Related Terms

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McNally Bharat Engineering Co (BOM:532629) Business Description

Traded in Other Exchanges
Address
Ecospace Business Park, Campus 2B, 11-12th Floor, New Town, Rajarhat, North 24 Parganas, Kolkata, WB, IND, 700160
McNally Bharat Engineering Co Ltd is an engineering company. The firm is engaged in providing turnkey solutions in the areas of power, steel, coal and mining, ports, aluminum, material handling, mineral processing, pyro-processing, pneumatic handling of powdered material including fly ash handling and high concentrate disposal, coal washing, cement, water, oil and gas and infrastructure sectors such as buildings and townships, high rises, roads, metro, and rail. It also involves in development of real estate and resorts. The firm has five plants located across India.

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