ABB India (BOM:500002) Effective Interest Rate on Debt % : 63.45% (As of Dec. 2023)

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What is ABB 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. ABB India's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹311 Mil. ABB India's average total debt for the quarter that ended in Dec. 2023 was ₹490 Mil. Therefore, ABB India's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 63.45%.

ABB India Effective Interest Rate on Debt % Historical Data

The historical data trend for ABB 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.

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ABB India Effective Interest Rate on Debt % Chart

ABB India Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

100.98

28.36

19.18

32.34

29.90

ABB India 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															65.40	26.96	13.31	8.43	63.45

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

For the Specialty Industrial Machinery subindustry, ABB 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.

ABB India's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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

ABB India Effective Interest Rate on Debt % Calculation

ABB India's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -122.7	/	( (330.9	+	489.8)	/ 2 )
=	-1 * -122.7	/	410.35
=	29.90 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	210.3	+	120.6
=	330.9

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	289.3	+	200.5
=	489.8

ABB India'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 * -310.8	/	( (0	+	489.8)	/ 1 )
=	-1 * -310.8	/	489.8
=	63.45 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	289.3	+	200.5
=	489.8

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.

ABB India (BOM:500002) Effective Interest Rate on Debt % Explanation

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

ABB India Effective Interest Rate on Debt % Related Terms

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ABB India (BOM:500002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ABB India Ltd (BOM:500002) » Definitions » Effective Interest Rate on Debt %

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ABB:India

Address

Peenya Industrial Area IV, Disha - 3rd Floor, Plot No. 5 & 6, 2nd Stage, Peenya, Bengaluru, KA, IND, 560 058

Website

http://www.abb.co.in

ABB India Ltd offers systems and services for electrical distribution, power grids and plants, machinery components, and other industrial applications. The engineering company attempts to increase industrial productivity while lowering the environmental impact. The company's revenue is split between its four operating segments: Robotics and Discrete Automation, Electrification, Motion, and Industrial Automation. Solutions can control the entire flow of power plants or be individualized to specific transformers, circuit breakers, motors, and other automated machinery. The company has several manufacturing sites located in India, and the majority of its revenue is generated in India.

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