Amiable Logistics (India) (NSE:AMIABLE) Effective Interest Rate on Debt % : 9.05% (As of Mar. 2023)

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What is Amiable Logistics (India) 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. Amiable Logistics (India)'s annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was ₹1.6 Mil. Amiable Logistics (India)'s average total debt for the quarter that ended in Mar. 2023 was ₹17.4 Mil. Therefore, Amiable Logistics (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 9.05%.

Amiable Logistics (India) Effective Interest Rate on Debt % Historical Data

The historical data trend for Amiable Logistics (India)'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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Amiable Logistics (India) Effective Interest Rate on Debt % Chart

Amiable Logistics (India) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

9.99

10.10

8.85

6.23

Amiable Logistics (India) Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23
Effective Interest Rate on Debt %	-	-	-	7.22	9.05

Competitive Comparison of Amiable Logistics (India)'s Effective Interest Rate on Debt %

For the Integrated Freight & Logistics subindustry, Amiable Logistics (India)'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.

Amiable Logistics (India)'s Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Amiable Logistics (India)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Amiable Logistics (India)'s Effective Interest Rate on Debt % falls into.

Amiable Logistics (India) Effective Interest Rate on Debt % Calculation

Amiable Logistics (India)'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 * -0.904	/	( (0.454	+	28.564)	/ 2 )
=	-1 * -0.904	/	14.509
=	6.23 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.454	+	0
=	0.454

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	28.564
=	28.564

Amiable Logistics (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2022 )	+	Total Debt (Q: Mar. 2023 ))	/ count )
=	-1 * -1.57	/	( (6.143	+	28.564)	/ 2 )
=	-1 * -1.57	/	17.3535
=	9.05 %

where

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	6.143
=	6.143

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	28.564
=	28.564

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

Amiable Logistics (India) (NSE:AMIABLE) Effective Interest Rate on Debt % Explanation

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

Amiable Logistics (India) Effective Interest Rate on Debt % Related Terms

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Amiable Logistics (India) (NSE:AMIABLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Amiable Logistics (India) Ltd (NSE:AMIABLE) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Neelkanth Business Park, Kirol Village, 322, 3rd Floor, D-Wing, Near Bus Depot Vidhyavihar (West), Mumbai, MH, IND, 400086

Website

https://www.amiablelogistics.com

Amiable Logistics (India) Ltd is engaged in the business of providing services to importers and exporters for the smooth clearance of all kinds of imports and exports by air and sea as a clearing and forwarding agent and customs house broker.

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