Braemar (Braemar) Effective Interest Rate on Debt % : 9.50% (As of Feb. 2024)

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What is Braemar 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. Braemar's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was $3.93 Mil. Braemar's average total debt for the quarter that ended in Feb. 2024 was $41.40 Mil. Therefore, Braemar's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 9.50%.

Braemar Effective Interest Rate on Debt % Historical Data

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

Braemar Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Effective Interest Rate on Debt %

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4.06

3.25

3.86

4.71

8.12

Braemar Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.46	2.60	8.23	7.75	9.50

Competitive Comparison of Braemar's Effective Interest Rate on Debt %

For the Marine Shipping subindustry, Braemar'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.

Braemar's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Braemar's Effective Interest Rate on Debt % distribution charts can be found below:

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

Braemar Effective Interest Rate on Debt % Calculation

Braemar's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2023 )	+	Total Debt (A: Feb. 2024 ))	/ count )
=	-1 * -3.564	/	( (43.953	+	43.841)	/ 2 )
=	-1 * -3.564	/	43.897
=	8.12 %

where

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	39.579	+	4.374
=	43.953

	Total Debt (A: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	40.612	+	3.229
=	43.841

Braemar's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Aug. 2023 )	+	Total Debt (Q: Feb. 2024 ))	/ count )
=	-1 * -3.934	/	( (38.95	+	43.841)	/ 2 )
=	-1 * -3.934	/	41.3955
=	9.50 %

where

	Total Debt (Q: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	38.066	+	0.884
=	38.95

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	40.612	+	3.229
=	43.841

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

Braemar (OTCPK:BSEAF) Effective Interest Rate on Debt % Explanation

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

Braemar Effective Interest Rate on Debt % Related Terms

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Braemar (Braemar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Braemar PLC (OTCPK:BSEAF) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

BMSl:UK BMS.GB:UK BMS:UK 5K9:Germany

Address

Trafalgar Square, One Strand, London, GBR, WC2N 5HR

Website

https://www.braemar.com

Braemar PLC provides advice in investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in shipping and energy industry. The company's operating segment are, Chartering, Investment Advisory and Risk Advisory. The majority of the revenue for the company is generated from its Chartering business segment under which it provides cost-saving solutions that create and protect the deals for their clients. Geographically, the company has its presence in United Kingdom, Singapore, Australia, Switzerland, United States, Germany and Rest of the world. A substantial part of its overall revenue is generated from its business in United Kingdom.

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