Ambani Orgochem (NSE:AMBANIORGO) Effective Interest Rate on Debt % : 9.51% (As of Mar. 2024)

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What is Ambani Orgochem 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. Ambani Orgochem's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹58 Mil. Ambani Orgochem's average total debt for the quarter that ended in Mar. 2024 was ₹609 Mil. Therefore, Ambani Orgochem's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 9.51%.

Ambani Orgochem Effective Interest Rate on Debt % Historical Data

The historical data trend for Ambani Orgochem'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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Ambani Orgochem Effective Interest Rate on Debt % Chart

Ambani Orgochem Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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11.47

7.92

4.76

5.80

9.51

Ambani Orgochem Semi-Annual Data
	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			11.47	7.92	4.76	5.80	9.51

Competitive Comparison of Ambani Orgochem's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Ambani Orgochem'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.

Ambani Orgochem's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

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

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

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Ambani Orgochem Effective Interest Rate on Debt % Calculation

Ambani Orgochem'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 * -57.915	/	( (666.963	+	550.646)	/ 2 )
=	-1 * -57.915	/	608.8045
=	9.51 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	236.524	+	430.439
=	666.963

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	232.562	+	318.084
=	550.646

Ambani Orgochem'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 * -57.915	/	( (666.963	+	550.646)	/ 2 )
=	-1 * -57.915	/	608.8045
=	9.51 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	236.524	+	430.439
=	666.963

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	232.562	+	318.084
=	550.646

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.

Ambani Orgochem (NSE:AMBANIORGO) Effective Interest Rate on Debt % Explanation

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

Ambani Orgochem Effective Interest Rate on Debt % Related Terms

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Ambani Orgochem Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ambani Orgochem Ltd (NSE:AMBANIORGO) » Definitions » Effective Interest Rate on Debt %

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Address

Western Express Highway, 801, 8th Floor, 351 - ICON, Next to Natraj Rustomji, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.ambaniorganics.com

Ambani Orgochem Ltd operates in the specialty chemicals industry. It is a manufacturer, processor, importer, supplier, and exporter of chemicals and dyes used in the Painting and Textile Industry. Its product portfolio includes organic peroxides, paint driers, accelerators, and acrylic emulsions. Geographically, it derives a majority of its revenue from India.

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