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Action Construction Equipment (NSE:ACE) Effective Interest Rate on Debt % : 29.44% (As of Dec. 2024)


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What is Action Construction Equipment 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. Action Construction Equipment's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ₹336 Mil. Action Construction Equipment's average total debt for the quarter that ended in Dec. 2024 was ₹1,141 Mil. Therefore, Action Construction Equipment's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 29.44%.


Action Construction Equipment Effective Interest Rate on Debt % Historical Data

The historical data trend for Action Construction Equipment'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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Action Construction Equipment Effective Interest Rate on Debt % Chart

Action Construction Equipment Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.55 17.81 29.77 122.25 389.03

Action Construction Equipment Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 36.35 958.93 657.93 31.65 29.44

Competitive Comparison of Action Construction Equipment's Effective Interest Rate on Debt %

For the Farm & Heavy Construction Machinery subindustry, Action Construction Equipment'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.


Action Construction Equipment's Effective Interest Rate on Debt % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Action Construction Equipment's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Action Construction Equipment's Effective Interest Rate on Debt % falls into.


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Action Construction Equipment Effective Interest Rate on Debt % Calculation

Action Construction Equipment'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  *  -231.681/( (74.482+44.625)/ 2 )
=-1  *  -231.681/59.5535
=389.03 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.872 + 67.61
=74.482

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.24 + 42.385
=44.625

Action Construction Equipment's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -336/( (1141.2+0)/ 1 )
=-1  *  -336/1141.2
=29.44 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.6 + 1139.6
=1141.2

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


Action Construction Equipment  (NSE:ACE) Effective Interest Rate on Debt % Explanation

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


Action Construction Equipment Effective Interest Rate on Debt % Related Terms

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Action Construction Equipment Business Description

Traded in Other Exchanges
Address
Dudhola Link Road, Dudhola, District Palwal, Palwal, HR, IND, 121102
Action Construction Equipment Ltd is engaged in manufacturing material handling and construction equipment. It is engaged in the manufacturing and marketing of Hydraulic Mobile Cranes, Mobile Tower Cranes, Crawler Cranes, Truck Mounted Cranes; Material Handling Equipments like Forklifts, Road Construction Equipments like Backhoe loaders, Compactors, Motor graders and Agriculture Equipments like Tractors, Harvesters, Rotavators etc. The company's reportable segments are Cranes, Construction equipment, Material handling, and Agricultural equipment. The majority of its revenue is generated from its Cranes segment. Geographically, it derives maximum revenue from India and also has a presence in international markets.

Action Construction Equipment Headlines

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