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ABM International (NSE:ABMINTLLTD) Effective Interest Rate on Debt % : 11.10% (As of Dec. 2023)


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What is ABM International 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. ABM International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₹7 Mil. ABM International's average total debt for the quarter that ended in Dec. 2023 was ₹62 Mil. Therefore, ABM International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 11.10%.


ABM International Effective Interest Rate on Debt % Historical Data

The historical data trend for ABM International'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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ABM International Effective Interest Rate on Debt % Chart

ABM International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.70 - - - -

ABM International 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 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 - - - 3.92 11.10

Competitive Comparison of ABM International's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, ABM International'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.


ABM International's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, ABM International's Effective Interest Rate on Debt % distribution charts can be found below:

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



ABM International Effective Interest Rate on Debt % Calculation

ABM International'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  *  -0.13/( (0+0)/ 1 )
=-1  *  -0.13/0
=N/A %

where

ABM International'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  *  -6.912/( (62.255+0)/ 1 )
=-1  *  -6.912/62.255
=11.10 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 62.255
=62.255

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


ABM International  (NSE:ABMINTLLTD) Effective Interest Rate on Debt % Explanation

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


ABM International Effective Interest Rate on Debt % Related Terms

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ABM International (NSE:ABMINTLLTD) Business Description

Traded in Other Exchanges
N/A
Address
10/60, Industrial Area, Kirti Nagar, New Delhi, IND, 110015
ABM International Ltd is an India-based company engaged in importing and distributing plastic raw materials. The company offers PVC resins, Dicumyl Peroxide(DCP), finished leathers, and other products. The revenue is generated from the sale of products. The nature of the industry in which the company operates is Trading in Plastic raw materials, PVC Leather Cloth, and Finished Leather.

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