National Highways Infra Trust (BOM:543385) Effective Interest Rate on Debt % : 8.65% (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is National Highways Infra Trust 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. National Highways Infra Trust's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₹2,554 Mil. National Highways Infra Trust's average total debt for the quarter that ended in Sep. 2023 was ₹29,543 Mil. Therefore, National Highways Infra Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 8.65%.

National Highways Infra Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for National Highways Infra Trust'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.

* Premium members only.

National Highways Infra Trust Effective Interest Rate on Debt % Chart

National Highways Infra Trust Annual Data

Trend

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

2.15

7.43

National Highways Infra Trust Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					7.60	9.56	7.72	8.35	8.65

Competitive Comparison of National Highways Infra Trust's Effective Interest Rate on Debt %

For the Shell Companies subindustry, National Highways Infra Trust'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.

National Highways Infra Trust's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, National Highways Infra Trust's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where National Highways Infra Trust's Effective Interest Rate on Debt % falls into.

National Highways Infra Trust Effective Interest Rate on Debt % Calculation

National Highways Infra Trust'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 * -1637.45	/	( (14653.78	+	29415.833)	/ 2 )
=	-1 * -1637.45	/	22034.8065
=	7.43 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14555.694	+	98.086
=	14653.78

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29215.833	+	200
=	29415.833

National Highways Infra Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -2554.488	/	( (29367.458	+	29719.264)	/ 2 )
=	-1 * -2554.488	/	29543.361
=	8.65 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29167.458	+	200
=	29367.458

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29519.264	+	200
=	29719.264

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

National Highways Infra Trust (BOM:543385) Effective Interest Rate on Debt % Explanation

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

National Highways Infra Trust Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of National Highways Infra Trust's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

National Highways Infra Trust (BOM:543385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » National Highways Infra Trust (BOM:543385) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

IVNHIT:India

Address

G 5&6, Sector-10, Dwarka, New Delhi, IND, 110 075

Website

https://www.nhaiinvit.in

National Highways Infra Trust is an infrastructure investment trust established for making investments in special purpose vehicles.

National Highways Infra Trust (BOM:543385) Headlines

No Headlines