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Lloyds Engineering Works (NSE:LLOYDSENGG) Effective Interest Rate on Debt % : 6.78% (As of Mar. 2024)


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What is Lloyds Engineering Works 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. Lloyds Engineering Works's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹51 Mil. Lloyds Engineering Works's average total debt for the quarter that ended in Mar. 2024 was ₹753 Mil. Therefore, Lloyds Engineering Works's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.78%.


Lloyds Engineering Works Effective Interest Rate on Debt % Historical Data

The historical data trend for Lloyds Engineering Works'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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Lloyds Engineering Works Effective Interest Rate on Debt % Chart

Lloyds Engineering Works 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 12.91 14.22 6.31 10.44 6.54

Lloyds Engineering Works Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 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 - 7.31 21.99 12.89 6.78

Competitive Comparison of Lloyds Engineering Works's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Lloyds Engineering Works'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.


Lloyds Engineering Works's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lloyds Engineering Works's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Lloyds Engineering Works's Effective Interest Rate on Debt % falls into.



Lloyds Engineering Works Effective Interest Rate on Debt % Calculation

Lloyds Engineering Works'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  *  -41.694/( (522.036+753.017)/ 2 )
=-1  *  -41.694/637.5265
=6.54 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=53.963 + 468.073
=522.036

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=164.358 + 588.659
=753.017

Lloyds Engineering Works'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  *  -51.084/( (0+753.017)/ 1 )
=-1  *  -51.084/753.017
=6.78 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=164.358 + 588.659
=753.017

* 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.


Lloyds Engineering Works  (NSE:LLOYDSENGG) Effective Interest Rate on Debt % Explanation

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


Lloyds Engineering Works Effective Interest Rate on Debt % Related Terms

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Lloyds Engineering Works (NSE:LLOYDSENGG) Business Description

Traded in Other Exchanges
Address
Plot No.A-5/5, MIDC Industrial Area, Murbad, Thane, Mumbai, MH, IND, 421401
Lloyds Engineering Works Ltd is a Designer and Manufacturer of Heavy Equipment, Machinery and Systems for Hydro Carbon Sector, Oil & Gas, Steel Plants, Power Plants, Nuclear Plant Boilers and Turnkey Projects.

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