Ameya Precision Engineers (NSE:AMEYA) Effective Interest Rate on Debt % : 20.72% (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Ameya Precision Engineers 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. Ameya Precision Engineers's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₹0.8 Mil. Ameya Precision Engineers's average total debt for the quarter that ended in Sep. 2024 was ₹3.8 Mil. Therefore, Ameya Precision Engineers's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 20.72%.

Ameya Precision Engineers Effective Interest Rate on Debt % Historical Data

The historical data trend for Ameya Precision Engineers'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.

Ameya Precision Engineers Effective Interest Rate on Debt % Chart

Ameya Precision Engineers Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

6.11

7.08

4.90

3.98

5.42

Ameya Precision Engineers Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial				7.39	5.81	10.86	-8.80	20.72

Competitive Comparison of Ameya Precision Engineers's Effective Interest Rate on Debt %

For the Metal Fabrication subindustry, Ameya Precision Engineers'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.

Ameya Precision Engineers's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ameya Precision Engineers's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Ameya Precision Engineers's Effective Interest Rate on Debt % falls into.

Save Embed

;

Save Embed

;

Ameya Precision Engineers Effective Interest Rate on Debt % Calculation

Ameya Precision Engineers'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 * -0.239	/	( (8.212	+	0.605)	/ 2 )
=	-1 * -0.239	/	4.4085
=	5.42 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	8.212
=	8.212

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.605
=	0.605

Ameya Precision Engineers'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: Mar. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -0.794	/	( (0.605	+	7.06)	/ 2 )
=	-1 * -0.794	/	3.8325
=	20.72 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.605
=	0.605

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	7.06
=	7.06

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

Ameya Precision Engineers (NSE:AMEYA) Effective Interest Rate on Debt % Explanation

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

Ameya Precision Engineers Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Ameya Precision Engineers's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ameya Precision Engineers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ameya Precision Engineers Ltd (NSE:AMEYA) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pune-Satara Highway, Gat No.345, Taluka Bhor, Village-Kasurdi (Kb), Pune, MH, IND, 412 205

Website

https://www.ameyaengineers.com

Ameya Precision Engineers Ltd is engaged in Manufacture Pump and Valve Components and Other Engineering Components used in Valve Industry etc. The company mainly include the manufacturing of Shafts, Stems, Hard-facing and Corrosion Resistant Overlays, Precision Trim Parts and assemblies.

Ameya Precision Engineers Headlines

No Headlines