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HDFC Life Insurance Company Limited (BOM:540777) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is HDFC Life Insurance Company Limited 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. HDFC Life Insurance Company Limited's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹0 Mil. HDFC Life Insurance Company Limited's average total debt for the quarter that ended in Mar. 2024 was ₹9,500 Mil. Therefore, HDFC Life Insurance Company Limited's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.


HDFC Life Insurance Company Limited Effective Interest Rate on Debt % Historical Data

The historical data trend for HDFC Life Insurance Company Limited'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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HDFC Life Insurance Company Limited Effective Interest Rate on Debt % Chart

HDFC Life Insurance Company Limited Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 11.96 15.35 14.62 -

HDFC Life Insurance Company Limited Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
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 - - - - -

Competitive Comparison of HDFC Life Insurance Company Limited's Effective Interest Rate on Debt %

For the Insurance - Life subindustry, HDFC Life Insurance Company Limited'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.


HDFC Life Insurance Company Limited's Effective Interest Rate on Debt % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, HDFC Life Insurance Company Limited's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where HDFC Life Insurance Company Limited's Effective Interest Rate on Debt % falls into.



HDFC Life Insurance Company Limited Effective Interest Rate on Debt % Calculation

HDFC Life Insurance Company Limited'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/( (9500+9500)/ 2 )
=-1  *  0/9500
=0.00 %

where

HDFC Life Insurance Company Limited'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  *  0/( (9500+9500)/ 2 )
=-1  *  0/9500
=0.00 %

where

* 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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


HDFC Life Insurance Company Limited  (BOM:540777) Effective Interest Rate on Debt % Explanation

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


HDFC Life Insurance Company Limited Effective Interest Rate on Debt % Related Terms

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HDFC Life Insurance Company Limited (BOM:540777) Business Description

Traded in Other Exchanges
Address
N.M. Joshi Marg, 13th Floor, Lodha Excelus, Apollo Mills Compound, Mahalaxmi, Mumbai, MH, IND, 400 011
HDFC Life Insurance Company Limited is a long-term life insurance company. It offers individual and group insurance solutions such as Protection, Pension, Savings and Investment, and Health, along with Children's and Women's Plans. The company operates through segments namely, Participating Life (Individual & Group), Participating Pension (Individual & Group), Non-Participating Life (Individual & Group), Non-Participating Pension (Individual & Group), Non-Participating Life Group Variable, Non-Participating Pension Group Variable, Non-Participating - Annuity, Non Participating - Individual & Group Health, Unit Linked - Individual Life, Unit Linked - Individual Pension, Unit Linked - Group Life and Unit Linked - Group Pension.

HDFC Life Insurance Company Limited (BOM:540777) Headlines

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