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Van Elle Holdings (LSE:VANL) Effective Interest Rate on Debt % : 4.52% (As of Oct. 2023)


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What is Van Elle 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. Van Elle Holdings's annualized positive value of Interest Expense for the quarter that ended in Oct. 2023 was £0.4 Mil. Van Elle Holdings's average total debt for the quarter that ended in Oct. 2023 was £7.8 Mil. Therefore, Van Elle Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 was 4.52%.


Van Elle Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Van Elle 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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Van Elle Holdings Effective Interest Rate on Debt % Chart

Van Elle Holdings Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.99 5.55 5.63 9.12 6.34

Van Elle Holdings Semi-Annual Data
Apr14 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 7.92 10.81 4.49 5.89 4.52

Competitive Comparison of Van Elle Holdings's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Van Elle 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.


Van Elle Holdings's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Van Elle Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Van Elle Holdings Effective Interest Rate on Debt % Calculation

Van Elle Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Apr. 2022 )+Total Debt  (A: Apr. 2023 ))/ count )
=-1  *  -0.487/( (6.853+8.518)/ 2 )
=-1  *  -0.487/7.6855
=6.34 %

where

Total Debt  (A: Apr. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.157 + 1.696
=6.853

Total Debt  (A: Apr. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.179 + 2.339
=8.518

Van Elle 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  *  -0.354/( (8.518+7.13)/ 2 )
=-1  *  -0.354/7.824
=4.52 %

where

Total Debt  (Q: Apr. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.179 + 2.339
=8.518

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.654 + 2.476
=7.13

* 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.


Van Elle Holdings  (LSE:VANL) Effective Interest Rate on Debt % Explanation

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


Van Elle Holdings Effective Interest Rate on Debt % Related Terms

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Van Elle Holdings (LSE:VANL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Southwell Lane Industrial Estate, Summit Close, Kirkby-in-Ashfield, Nottinghamshire, GBR, NG17 8GJ
Van Elle Holdings PLC is a geotechnical contractor. The company is engaged in providing ground engineering techniques and services. The operating segments of the company are General Piling, Specialist Piling, and Ground Engineering Services. Other services provided by the company are Rail Sheet Piling, Screw Piles, Specialist Piling, Rotary Bored Piling Foundation Testing, Driven Piling, and others. The firm generates a majority of its revenue from the General Piling Segment.

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