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Accent Microcell (NSE:ACCENTMIC) Effective Interest Rate on Debt % : 5.59% (As of Mar. 2024)


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What is Accent Microcell 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. Accent Microcell's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹10 Mil. Accent Microcell's average total debt for the quarter that ended in Mar. 2024 was ₹178 Mil. Therefore, Accent Microcell's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.59%.

Accent Microcell Effective Interest Rate on Debt % Historical Data

The historical data trend for Accent Microcell'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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Accent Microcell Effective Interest Rate on Debt % Chart

Accent Microcell Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
9.49 10.14 9.12 5.59

Accent Microcell Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt % 9.49 10.14 9.12 5.59

Competitive Comparison of Accent Microcell's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, Accent Microcell'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.

Accent Microcell's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Accent Microcell's Effective Interest Rate on Debt % distribution charts can be found below:

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


Accent Microcell Effective Interest Rate on Debt % Calculation

Accent Microcell's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2023 )+Total Debt  (A: Mar. 2024 ))/ count )
=-1  *  -9.955/( (228.115+127.909)/ 2 )
=-1  *  -9.955/178.012
=5.59 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=54.741 + 173.374
=228.115

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14.981 + 112.928
=127.909

Accent Microcell's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -9.955/( (228.115+127.909)/ 2 )
=-1  *  -9.955/178.012
=5.59 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=54.741 + 173.374
=228.115

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14.981 + 112.928
=127.909

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

Accent Microcell  (NSE:ACCENTMIC) Effective Interest Rate on Debt % Explanation

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

Accent Microcell Effective Interest Rate on Debt % Related Terms

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Accent Microcell Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Accent Microcell Ltd (NSE:ACCENTMIC) » Definitions » Effective Interest Rate on Debt %
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Address
Shyamal Cross Roads, Anandnagar Road, 314, Shangrilla Arcade, Satellite, Ahmedabad, GJ, IND, 380015
Website
https://www.accentmicrocell.com
Accent Microcell Ltd is engaged in the manufacturing business of pharmaceutical excipients including products like Microcrystalline Cellulose which is a term for refined wood pulp and is used as a texturizer, an anti-caking agent, a fat substitute, an emulsifier, an extender, and a bulking agent in food production; Croscarmellose Sodium used as a super disintegrant in pharmaceutical formulations; Magnesium Stearate; Cellulose Powder, and others. Its business segments are segregated based on the location of its manufacturing facilities and include Dahej (SEZ Unit) which generates maximum revenue, Pirana, Unit III, and Inter Unit Sales. Geographically, a majority of the company's revenue is derived through the export of its products to various countries.

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