Gujarat Ambuja Exports (BOM:524226) Effective Interest Rate on Debt % : 6.82% (As of Mar. 2024)

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What is Gujarat Ambuja Exports 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. Gujarat Ambuja Exports's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹134 Mil. Gujarat Ambuja Exports's average total debt for the quarter that ended in Mar. 2024 was ₹1,970 Mil. Therefore, Gujarat Ambuja Exports's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.82%.

Gujarat Ambuja Exports Effective Interest Rate on Debt % Historical Data

The historical data trend for Gujarat Ambuja Exports'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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Gujarat Ambuja Exports Effective Interest Rate on Debt % Chart

Gujarat Ambuja Exports Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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2.46

1.90

1.01

5.25

8.68

Gujarat Ambuja Exports Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.85	10.89	8.06	4.09	6.82

Competitive Comparison of Gujarat Ambuja Exports's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Gujarat Ambuja Exports'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.

Gujarat Ambuja Exports's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gujarat Ambuja Exports's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Gujarat Ambuja Exports's Effective Interest Rate on Debt % falls into.

Gujarat Ambuja Exports Effective Interest Rate on Debt % Calculation

Gujarat Ambuja Exports'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 * -183.8	/	( (2266.5	+	1970.2)	/ 2 )
=	-1 * -183.8	/	2118.35
=	8.68 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	51.8	+	2214.7
=	2266.5

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29.8	+	1940.4
=	1970.2

Gujarat Ambuja Exports'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: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -134.4	/	( (0	+	1970.2)	/ 1 )
=	-1 * -134.4	/	1970.2
=	6.82 %

where

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

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29.8	+	1940.4
=	1970.2

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

Gujarat Ambuja Exports (BOM:524226) Effective Interest Rate on Debt % Explanation

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

Gujarat Ambuja Exports Effective Interest Rate on Debt % Related Terms

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Gujarat Ambuja Exports (BOM:524226) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gujarat Ambuja Exports Ltd (BOM:524226) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

GAEL:India

Address

Ambuja Tower, Sindhu Bhavan Road, Opposite Sindhu Bhavan, P.O. Thaltej, Bodakdev, Ahmedabad, GJ, IND, 380 059

Website

https://www.ambujagroup.com

Gujarat Ambuja Exports Ltd is a manufacturer of Corn Starch Derivatives, Soya Derivatives, and Cotton Yarn. The company's operating segments include the Spinning division; Maize Processing; Other Agro Processing and Renewable Power division. The company generates maximum revenue from the Maize Processing segment. Geographically, it derives a majority of its revenue from India. Some of its products include Vanaspati Ghee, Refined Palm Oil, Bakery Shortening, Corn/Maize Starch, and others.

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