Cadre Holdings (Cadre Holdings) Effective Interest Rate on Debt % : 2.19% (As of Dec. 2023)

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What is Cadre 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. Cadre Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $3.2 Mil. Cadre Holdings's average total debt for the quarter that ended in Dec. 2023 was $147.0 Mil. Therefore, Cadre Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.19%.

Cadre Holdings Effective Interest Rate on Debt % Historical Data

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

Cadre Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

10.87

10.01

8.82

3.90

2.97

Cadre Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial												4.39	4.25	2.73	2.93	2.19

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

For the Aerospace & Defense subindustry, Cadre 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.

Cadre Holdings's Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cadre Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Cadre Holdings Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -4.531	/	( (158.425	+	146.828)	/ 2 )
=	-1 * -4.531	/	152.6265
=	2.97 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	142.441	+	15.984
=	158.425

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	130.998	+	15.83
=	146.828

Cadre Holdings'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: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -3.216	/	( (147.163	+	146.828)	/ 2 )
=	-1 * -3.216	/	146.9955
=	2.19 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	133.912	+	13.251
=	147.163

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	130.998	+	15.83
=	146.828

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

Cadre Holdings (NYSE:CDRE) Effective Interest Rate on Debt % Explanation

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

Cadre Holdings Effective Interest Rate on Debt % Related Terms

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Cadre Holdings (Cadre Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Cadre Holdings Inc (NYSE:CDRE) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

RGR VSEC EH ACHR DCO SWBI PL TGI VVX SPCE RTX BA LMT XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX

Traded in Other Exchanges

N/A

Address

13386 International Parkway, Jacksonville, FL, USA, 32218

Website

https://www.cadre-holdings.com

Cadre Holdings Inc is engaged in the design and manufacture of a diversified product portfolio of critical safety and survivability equipment to protect first responders, federal agencies, outdoor recreation, and personal protection markets. The Company's equipment provides critical protection to allow its users to safely and securely perform their duties and protect those around them in hazardous or life-threatening situations. Its operations are comprised of two reportable segments: Products and Distribution.

Executives

Blaine Browers	officer: CHIEF FINANCIAL OFFICER	13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Warren B Kanders	director, 10 percent owner, officer: CEO AND CHAIRMAN	ONE LANDMARK SQUARE, 22ND FLOOR, STAMFORD, CT 06901
Nicolas Sokolow	director	100 BLVD MALESHERBES, PARIS I0 00000
Brad Williams	officer: PRESIDENT	13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Deborah A Decotis	director	1633 BROADWAY, NEW YORK NY 10019
Quigley William G Iii	director
Hamish Norton	director	13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Maui Holdings, Llc	10 percent owner	340 ROYAL POINCIANA WAY, SUITE 317-250, PALM BEACH FL 33480