Ambuja Cements (BOM:500425) Effective Interest Rate on Debt % : 37.65% (As of Dec. 2023)

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What is Ambuja Cements 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. Ambuja Cements's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹2,806 Mil. Ambuja Cements's average total debt for the quarter that ended in Dec. 2023 was ₹7,452 Mil. Therefore, Ambuja Cements's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 37.65%.

Ambuja Cements Effective Interest Rate on Debt % Historical Data

The historical data trend for Ambuja Cements'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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Ambuja Cements Effective Interest Rate on Debt % Chart

Ambuja Cements Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Effective Interest Rate on Debt %

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8.60

758.10

515.92

410.01

52.45

Ambuja Cements Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															33.66	34.13	-	32.88	37.65

Competitive Comparison of Ambuja Cements's Effective Interest Rate on Debt %

For the Building Materials subindustry, Ambuja Cements'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.

Ambuja Cements's Effective Interest Rate on Debt % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ambuja Cements's Effective Interest Rate on Debt % distribution charts can be found below:

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

Ambuja Cements Effective Interest Rate on Debt % Calculation

Ambuja Cements's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2019 )	+	Total Debt (A: Dec. 2020 ))	/ count )
=	-1 * -1341.9	/	( (410.6	+	4706)	/ 2 )
=	-1 * -1341.9	/	2558.3
=	52.45 %

where

	Total Debt (A: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	352.8	+	57.8
=	410.6

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4242.2	+	463.8
=	4706

Ambuja Cements'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 * -2805.6	/	( (7451.7	+	0)	/ 1 )
=	-1 * -2805.6	/	7451.7
=	37.65 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5371.8	+	2079.9
=	7451.7

	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.

Ambuja Cements (BOM:500425) Effective Interest Rate on Debt % Explanation

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

Ambuja Cements Effective Interest Rate on Debt % Related Terms

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Ambuja Cements (BOM:500425) Business Description

Industry

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AMBUJACEM:India

Address

MIDC Cross Road ‘B’, Off Andheri-Kurla Road, Elegant Business Park, Andheri (East), Mumbai, MH, IND, 400059

Website

https://www.ambujacement.com

Ambuja Cements Ltd manufactures and sells cement, concrete, and cement-related products to the building and construction industries. The company's portfolio of products includes Portland Pozolona cement and ordinary Portland cement. The vast majority of the firm's revenue is generated in India. Ambuja Cements has operations throughout India and uses a network of ports, bulk cement terminals, captive ships, and railroads to transport its products to both warehouses and directly to customers. The company also has a technical services team that partners with customers to teach concrete mixing and curing techniques.

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