Finbar Group (Finbar Group) Effective Interest Rate on Debt % : 1.38% (As of Dec. 2023)

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What is Finbar Group 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. Finbar Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $2.12 Mil. Finbar Group's average total debt for the quarter that ended in Dec. 2023 was $153.88 Mil. Therefore, Finbar Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.38%.

Finbar Group Effective Interest Rate on Debt % Historical Data

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

Finbar Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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1.12

0.46

0.08

0.63

1.68

Finbar Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.24	0.12	0.99	2.25	1.38

Competitive Comparison of Finbar Group's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Finbar Group'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.

Finbar Group's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Finbar Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Finbar Group Effective Interest Rate on Debt % Calculation

Finbar Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -1.503	/	( (59.871	+	118.886)	/ 2 )
=	-1 * -1.503	/	89.3785
=	1.68 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	43.469	+	16.402
=	59.871

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.935	+	108.951
=	118.886

Finbar Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -2.116	/	( (118.886	+	188.87)	/ 2 )
=	-1 * -2.116	/	153.878
=	1.38 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.935	+	108.951
=	118.886

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.933	+	183.937
=	188.87

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

Finbar Group (OTCPK:FNBRF) Effective Interest Rate on Debt % Explanation

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

Finbar Group Effective Interest Rate on Debt % Related Terms

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Finbar Group (Finbar Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Finbar Group Ltd (OTCPK:FNBRF) » Definitions » Effective Interest Rate on Debt %

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FRI:Australia

Address

181 Adelaide Terrace, Level 6, East Perth, Perth, WA, AUS, 6004

Website

https://www.finbar.com.au

Finbar Group Ltd develops and invests in properties in Australia. The company develops medium to high density residential apartments and commercial properties, as well as rents its properties in Western Australia. It operates through the following segments: Residential apartment development, Commercial office/Retail development, Rental of property, and Corporate. The majority of the group's revenue is generated through the Residential apartment development segment in Western Australia. Geographically the group operates in Western Australia.

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