Crawford United (Crawford United) Effective Interest Rate on Debt % : 4.79% (As of Dec. 2023)

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What is Crawford United 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. Crawford United's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.9 Mil. Crawford United's average total debt for the quarter that ended in Dec. 2023 was $18.8 Mil. Therefore, Crawford United's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.79%.

Crawford United Effective Interest Rate on Debt % Historical Data

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

Crawford United Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

4.24

3.19

2.66

3.43

5.30

Crawford United Quarterly Data
	Mar19	Jun19	Sep19	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															4.74	4.81	5.23	4.78	4.79

Competitive Comparison of Crawford United's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Crawford United'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.

Crawford United's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Crawford United's Effective Interest Rate on Debt % distribution charts can be found below:

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

Crawford United Effective Interest Rate on Debt % Calculation

Crawford United'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 * -1.256	/	( (32.362	+	15.006)	/ 2 )
=	-1 * -1.256	/	23.684
=	5.30 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29.131	+	3.231
=	32.362

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.468	+	2.538
=	15.006

Crawford United'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 * -0.9	/	( (22.56	+	15.006)	/ 2 )
=	-1 * -0.9	/	18.783
=	4.79 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.102	+	14.458
=	22.56

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.468	+	2.538
=	15.006

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.

Crawford United (OTCPK:CRAWA) Effective Interest Rate on Debt % Explanation

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

Crawford United Effective Interest Rate on Debt % Related Terms

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Crawford United (Crawford United) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Crawford United Corp (OTCPK:CRAWA) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10514 Dupont Avenue, Cleveland, OH, USA, 44108

Website

https://www.crawfordunited.com

Crawford United Corp is engaged in providing specialty industrial products to diverse markets of healthcare, education, automotive, aerospace, trucking, and petrochemical. The company operates through the following segments, namely Commercial Air Handling Equipment, which is into designing, manufacturing, and installing large-scale commercial, institutional, and industrial custom air handling solutions; and Industrial & Transportation Products, which is into the manufacture of flexible interlocking metal hoses and the distribution of silicone and hydraulic hoses. The company's geographical segments include the United States, Puerto Rico, Mexico, Canada, and Others.

Executives

Matthew V Crawford	director
Edward F Crawford	director
James W Wert	director
Jay Daly	officer: Chief Financial Officer	10514 DUPONT AVENUE, CLEVELAND OH 44108
Luis Enrique Jimenez	director	10514 DUPONT AVENUE, CLEVELAND OH 44108
George Richard Hart	officer: Vice President of Engineering	C/O HICKOK INCORPORATED, 10514 DUPONT AVENUE, CLEVELAND OH 44108
Kelly Kuna	officer: Chief Financial Officer	6050 OAK TREE BLVD., SUITE #500, CLEVELAND OH 44131
Steven Rosen	director, 10 percent owner	25101 CHAGRIN BOULEVARD SUITE 350, BEACHWOOD OH 44122
Brian E Powers	director	25101 CHAGRIN BLVD., SUITE 210, CLEVELAND OH 44122
Three Bears Trust	10 percent owner	1660 WEST 2ND STREET, SUITE 1100, CLEVELAND OH 44122
Jennifer Aplin Elliot	director, 10 percent owner	1178 BELLINGHAM DR., OCEANSIDE CA 92057
Roundball Llc	10 percent owner	1660 WEST 2ND STREET SUITE 1100, CLEVELAND OH 44113
Kirin Smith	director	C/O HICKOK INCORPORATED, 10514 DUPONT AVENUE, CLEVELAND OH 44108
Patrick R Bauman	officer: Vice President Sales/Marketing	851 STUART AVENUE, SOUTH EUCLID OH 44121
James F Allen	officer: Vice President Manufacturing	1307 JANE LANE, GREENWOOD MS 38930