Allcargo Logistics (NSE:ALLCARGO) Effective Interest Rate on Debt % : 8.86% (As of Dec. 2023)

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What is Allcargo Logistics 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. Allcargo Logistics's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹1,528 Mil. Allcargo Logistics's average total debt for the quarter that ended in Dec. 2023 was ₹17,250 Mil. Therefore, Allcargo Logistics's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.86%.

Allcargo Logistics Effective Interest Rate on Debt % Historical Data

The historical data trend for Allcargo Logistics'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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Allcargo Logistics Effective Interest Rate on Debt % Chart

Allcargo Logistics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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5.51

6.02

7.22

3.94

4.28

Allcargo Logistics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.23	6.24	8.26	8.51	8.86

Competitive Comparison of Allcargo Logistics's Effective Interest Rate on Debt %

For the Integrated Freight & Logistics subindustry, Allcargo Logistics'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.

Allcargo Logistics's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Allcargo Logistics's Effective Interest Rate on Debt % distribution charts can be found below:

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

Allcargo Logistics Effective Interest Rate on Debt % Calculation

Allcargo Logistics'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 * -748.3	/	( (23173.1	+	11795)	/ 2 )
=	-1 * -748.3	/	17484.05
=	4.28 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13490.5	+	9682.6
=	23173.1

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6996	+	4799
=	11795

Allcargo Logistics's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -1528.4	/	( (17249.9	+	0)	/ 1 )
=	-1 * -1528.4	/	17249.9
=	8.86 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11714.7	+	5535.2
=	17249.9

	Total Debt (Q: Dec. 2023 )
=	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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Allcargo Logistics (NSE:ALLCARGO) Effective Interest Rate on Debt % Explanation

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

Allcargo Logistics Effective Interest Rate on Debt % Related Terms

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Allcargo Logistics (NSE:ALLCARGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Allcargo Logistics Ltd (NSE:ALLCARGO) » Definitions » Effective Interest Rate on Debt %

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532749:India

Address

CST Road, 6th Floor, Allcargo House, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098

Website

https://www.allcargologistics.com

Allcargo Logistics Ltd provides integrated logistics solutions. The company organizes itself into five segments. The multimodal transport operations segment, which contributes the majority of revenue, provides non-vessel freight forwarding services. The container freight stations/inland container depots, provide cargo stuffing, de-stuffing, and customs clearance services. The project and engineering solutions, provide rental equipment and services for project, engineering, and logistics purposes. The logistic park provides warehousing through the development and leasing of its container parks, Express distribution, provides express distribution and supply chain solutions. The firm's revenue is derived from India, America, the Far East, Europe, and others.

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