Vistry Group (LSE:VTY) Effective Interest Rate on Debt % : 0.07% (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Vistry 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. Vistry Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £0 Mil. Vistry Group's average total debt for the quarter that ended in Dec. 2023 was £623 Mil. Therefore, Vistry Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.07%.

Vistry Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Vistry 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.

* Premium members only.

Vistry Group Effective Interest Rate on Debt % Chart

Vistry Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

15.62

4.06

2.22

2.21

5.82

Vistry 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															-1.79	6.29	0.34	11.26	0.07

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

For the Residential Construction subindustry, Vistry 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.

Vistry Group's Effective Interest Rate on Debt % Distribution in the Homebuilding & Construction Industry

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

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

Vistry Group Effective Interest Rate on Debt % Calculation

Vistry Group'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 * -36.4	/	( (645.2	+	605.4)	/ 2 )
=	-1 * -36.4	/	625.3
=	5.82 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	580.5	+	64.7
=	645.2

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	580.8	+	24.6
=	605.4

Vistry 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 * -0.46	/	( (640.117	+	605.4)	/ 2 )
=	-1 * -0.46	/	622.7585
=	0.07 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	586.688	+	53.429
=	640.117

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	580.8	+	24.6
=	605.4

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.

Vistry Group (LSE:VTY) Effective Interest Rate on Debt % Explanation

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

Vistry Group Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Vistry Group's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Vistry Group (LSE:VTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Vistry Group PLC (LSE:VTY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

BVHMF:USA VTYl:UK 44B:Germany

Address

11 Tower View, Kings Hill, West Malling, Kent, GBR, ME19 4UY

Website

https://www.vistrygroup.co.uk

Vistry Group PLC is a construction company that focuses on residential construction. It operates in two segments: Housebuilding, which develops sites across England and provides private and affordable housing; and Partnerships segment, which partners with housing associations and other public sector businesses across England to deliver either the development of private and affordable housing. Some of its Brands are Bovis, Linden, Vistry Partnerships, and Drew Smith. The company has properties at Warwick, Winnersh, Winchester, Rugby, Wokingham, Devon, Cambridge, Bursledon, among others.

Vistry Group (LSE:VTY) Headlines

No Headlines