ARC Finance (BOM:540135) Effective Interest Rate on Debt % : 0.78% (As of Mar. 2024)

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What is ARC 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. ARC Finance's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹1.25 Mil. ARC Finance's average total debt for the quarter that ended in Mar. 2024 was ₹160.81 Mil. Therefore, ARC Finance's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.78%.

ARC Finance Effective Interest Rate on Debt % Historical Data

The historical data trend for ARC 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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ARC Finance Effective Interest Rate on Debt % Chart

ARC Finance Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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0.08

1.69

1.59

6.62

0.60

ARC 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															35.55	0.65	0.50	0.38	0.78

Competitive Comparison of ARC Finance's Effective Interest Rate on Debt %

For the Credit Services subindustry, ARC 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.

ARC Finance's Effective Interest Rate on Debt % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, ARC Finance's Effective Interest Rate on Debt % distribution charts can be found below:

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

ARC Finance Effective Interest Rate on Debt % Calculation

ARC 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 * -0.921	/	( (147.589	+	160.806)	/ 2 )
=	-1 * -0.921	/	154.1975
=	0.60 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	147.589	+	0
=	147.589

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	160.806	+	0
=	160.806

ARC 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 * -1.252	/	( (0	+	160.806)	/ 1 )
=	-1 * -1.252	/	160.806
=	0.78 %

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
=	160.806	+	0
=	160.806

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.

ARC Finance (BOM:540135) Effective Interest Rate on Debt % Explanation

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

ARC Finance Effective Interest Rate on Debt % Related Terms

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ARC Finance (BOM:540135) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » ARC Finance Ltd (BOM:540135) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

18, Rabindra Sarani, Poddar Court, Gate No.4, 4th Floor, Room No.3, Kolkata, WB, IND, 700001

Website

http://www.arcfinance.in

ARC Finance Ltd is a non-banking financial institution engaged in the business of lending. It is engaged in trading in shares, financial services investment activities, and providing secure and Unsecured loans where the outlook of the business seems to be encouraging over and above. It operates as a non-deposit-taking company. The company generates a majority of its revenue from Interest income.

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