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Landsea Homes (Landsea Homes) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is Landsea Homes 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. Landsea Homes's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0 Mil. Landsea Homes's average total debt for the quarter that ended in Mar. 2024 was $571 Mil. Therefore, Landsea Homes's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.


Landsea Homes Effective Interest Rate on Debt % Historical Data

The historical data trend for Landsea Homes'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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Landsea Homes Effective Interest Rate on Debt % Chart

Landsea Homes Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- - - - -

Landsea Homes Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Landsea Homes's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Landsea Homes'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.


Landsea Homes's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

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

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



Landsea Homes Effective Interest Rate on Debt % Calculation

Landsea Homes'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  *  0/( (521.85+556.844)/ 2 )
=-1  *  0/539.347
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.428 + 505.422
=521.85

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=249.213 + 307.631
=556.844

Landsea Homes's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  0/( (556.844+585.15)/ 2 )
=-1  *  0/570.997
=0.00 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=249.213 + 307.631
=556.844

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=236.913 + 348.237
=585.15

* 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 four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Landsea Homes  (NAS:LSEA) Effective Interest Rate on Debt % Explanation

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


Landsea Homes Effective Interest Rate on Debt % Related Terms

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Landsea Homes (Landsea Homes) Business Description

Industry
Traded in Other Exchanges
Address
660 Newport Center Drive, Suite 300, Newport Beach, CA, USA, 92660
Landsea Homes Corp is a homebuilding company. It designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company's segments include Arizona, California, Florida, Metro New York, and Texas. It derives a majority of revenue from California.
Executives
Elias Farhat director C/O LF CAPITAL ACQUISITION CORP, 600 MADISON AVE, NEW YORK NY 10022
Green Investment Alpha Ltd 10 percent owner 595 BURRARD STREET, STE 1000, VANCOUVER A1 V7X1S8
Landsea Holdings Corp 10 percent owner 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Michael Forsum officer: President and COO 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
John Ho director, officer: Chief Executive Officer 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Christopher T Porter officer: Chief Financial Officer CRESCENT REAL ESTATE EQUAITIES LTD, 777 MAIN STREET, FORT WORTH TX 76102
Robert S Miller director 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Thomas Hartfield director 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Mollie Fadule director 14273 209TH AVENUE NE, WOODINVILLE WA 98077
Dilliana Stewart officer: Chief Accounting Officer C/O LANDSEA HOMES, 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Xuefeng Bao other: see explanatory note 1007-102 10 F/K WAH CENTRE, 191 JAVA ROAD, NORTH POINT K3 HONG KONG
Qin Zhou director 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Scott A. Reed director, officer: Chief Financial Officer 901 E. CARY STREET, ONE JAMES CENTER, SUITE 1700, RICHMOND VA 23219
Susan E. Lattmann director C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Trent Schreiner officer: SVP of Accounting and CAO 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660