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Impulsora del Desarrollo Y El Empleo En America LatinaB de CV (MEX:IDEALB-1) Effective Interest Rate on Debt % : 0.52% (As of Sep. 2024)


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What is Impulsora del Desarrollo Y El Empleo En America LatinaB de CV 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. Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was MXN281 Mil. Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's average total debt for the quarter that ended in Sep. 2024 was MXN54,057 Mil. Therefore, Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.52%.


Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Effective Interest Rate on Debt % Historical Data

The historical data trend for Impulsora del Desarrollo Y El Empleo En America LatinaB de CV'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.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Effective Interest Rate on Debt % Chart

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.14 23.98 11.47 10.14 15.00

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.45 58.39 0.42 0.40 0.52

Competitive Comparison of Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Effective Interest Rate on Debt %

For the Infrastructure Operations subindustry, Impulsora del Desarrollo Y El Empleo En America LatinaB de CV'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.


Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Effective Interest Rate on Debt % falls into.


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Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Effective Interest Rate on Debt % Calculation

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV'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  *  -7696.737/( (49900.477+52751.839)/ 2 )
=-1  *  -7696.737/51326.158
=15.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=43050.836 + 6849.641
=49900.477

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45368.244 + 7383.595
=52751.839

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -280.66/( (53799.648+54314.064)/ 2 )
=-1  *  -280.66/54056.856
=0.52 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45671.336 + 8128.312
=53799.648

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45194.13 + 9119.934
=54314.064

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


Impulsora del Desarrollo Y El Empleo En America LatinaB de CV  (MEX:IDEALB-1) Effective Interest Rate on Debt % Explanation

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


Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Effective Interest Rate on Debt % Related Terms

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Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Business Description

Traded in Other Exchanges
N/A
Address
Lago Zurich 245, Edificio Presa Falcon, 17th floor, Ampliacion Granada, Mexico, DF, MEX, 11529
Impulsora del Desarrollo Y El Empleo En America Latina SAB de CV, or IDEAL, is a Mexican construction and engineering company. The company operates through five main reporting lines: toll roads, service, sale of electricity, prison services, and other. Toll roads, which generates the vast majority of revenue, constructs, operates, and maintains domestic toll roads. Prison services, the next most significant segment, generates income from the operation and maintenance of rehabilitation centres within Mexico.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Headlines

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