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Crest Nicholson Holdings (Crest Nicholson Holdings) Effective Interest Rate on Debt % : 13.23% (As of Oct. 2023)


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What is Crest Nicholson Holdings 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. Crest Nicholson Holdings's annualized positive value of Interest Expense for the quarter that ended in Oct. 2023 was $16.81 Mil. Crest Nicholson Holdings's average total debt for the quarter that ended in Oct. 2023 was $127.04 Mil. Therefore, Crest Nicholson Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 was 13.23%.


Crest Nicholson Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Crest Nicholson Holdings'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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Crest Nicholson Holdings Effective Interest Rate on Debt % Chart

Crest Nicholson Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.02 11.87 11.72 9.34 13.73

Crest Nicholson Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.60 9.88 9.75 13.80 13.23

Competitive Comparison of Crest Nicholson Holdings's Effective Interest Rate on Debt %

For the Residential Construction subindustry, Crest Nicholson Holdings'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.


Crest Nicholson Holdings's Effective Interest Rate on Debt % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Crest Nicholson Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Crest Nicholson Holdings Effective Interest Rate on Debt % Calculation

Crest Nicholson Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2022 )+Total Debt  (A: Oct. 2023 ))/ count )
=-1  *  -16.565/( (114.512+126.797)/ 2 )
=-1  *  -16.565/120.6545
=13.73 %

where

Total Debt  (A: Oct. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=112.698 + 1.814
=114.512

Total Debt  (A: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=107.065 + 19.732
=126.797

Crest Nicholson Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Apr. 2023 )+Total Debt  (Q: Oct. 2023 ))/ count )
=-1  *  -16.808/( (127.273+126.797)/ 2 )
=-1  *  -16.808/127.035
=13.23 %

where

Total Debt  (Q: Apr. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=125.156 + 2.117
=127.273

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=107.065 + 19.732
=126.797

* 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.

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


Crest Nicholson Holdings  (GREY:CRNHY) Effective Interest Rate on Debt % Explanation

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


Crest Nicholson Holdings Effective Interest Rate on Debt % Related Terms

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Crest Nicholson Holdings (Crest Nicholson Holdings) Business Description

Traded in Other Exchanges
Address
500 Dashwood Lang Road, Bourne Business Park,, Addlestone, Surrey, GBR, KT15 2HJ
Crest Nicholson Holdings PLC is a British construction company that focuses on residential property in the southern half of England. The company plans, designs, and builds single-family housing communities, apartment and townhome complexes, and commercial properties. Crest Nicholson completes approximately 3,000 homes annually with an average selling price around EUR 300,000. It is known for its particular expertise in homebuilding in the surrounding regions of London such as Surrey, Kent, Bristol, and Sussex. The company also participates in land development and planning to support its future projects.