MRZUY (Maruti Suzuki India) Effective Interest Rate on Debt % : 115.29% (As of Dec. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Maruti Suzuki India 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. Maruti Suzuki India's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $21.80 Mil. Maruti Suzuki India's average total debt for the quarter that ended in Dec. 2024 was $18.91 Mil. Therefore, Maruti Suzuki India's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 115.29%.

Maruti Suzuki India Effective Interest Rate on Debt % Historical Data

The historical data trend for Maruti Suzuki India'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.

Maruti Suzuki India Effective Interest Rate on Debt % Chart

Maruti Suzuki India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

75.54

23.31

25.54

29.56

28.11

Maruti Suzuki India Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															36.40	256.98	192.24	108.59	115.29

Competitive Comparison of Maruti Suzuki India's Effective Interest Rate on Debt %

For the Auto Manufacturers subindustry, Maruti Suzuki India'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.

Maruti Suzuki India's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Maruti Suzuki India's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Maruti Suzuki India's Effective Interest Rate on Debt % falls into.

Save Embed

;

Save Embed

;

Maruti Suzuki India Effective Interest Rate on Debt % Calculation

Maruti Suzuki India'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 * -23.319	/	( (151.654	+	14.286)	/ 2 )
=	-1 * -23.319	/	82.97
=	28.11 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.039	+	148.615
=	151.654

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.155	+	6.131
=	14.286

Maruti Suzuki India's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -21.796	/	( (18.905	+	0)	/ 1 )
=	-1 * -21.796	/	18.905
=	115.29 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.472	+	6.433
=	18.905

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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

Maruti Suzuki India (OTCPK:MRZUY) Effective Interest Rate on Debt % Explanation

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

Maruti Suzuki India Effective Interest Rate on Debt % Related Terms

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

Maruti Suzuki India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Maruti Suzuki India Ltd (OTCPK:MRZUY) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

MARUTI:India 532500:India

Address

1, Nelson Mandela Road, Vasant Kunj, New Delhi, IND, 110070

Website

https://www.marutisuzuki.com

Maruti Suzuki India Ltd, a subsidiary of Suzuki Motor Corp. The company is engaged in the manufacturing, purchase, and sale of motor vehicles, components, and spare parts. Its other activities include the facilitation of pre-owned car sales, fleet management, and car financing. The company manufactures various types of passenger vehicles and light commercial vehicles for its customers belonging to different income categories. Some of the vehicles manufactured by it are; WagonR, Dzire, Ertiga, Fronx (SUV), and others. Geographically, the company generates a majority of its revenue from its business in India and also engages in exports of its products to countries like Chile, Saudi Arabia, South Africa, Mexico, and the Philippines.