Cedar Woods Properties (ASX:CWP) Effective Interest Rate on Debt % : 5.40% (As of Jun. 2024)

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What is Cedar Woods Properties 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. Cedar Woods Properties's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was A$11.5 Mil. Cedar Woods Properties's average total debt for the quarter that ended in Jun. 2024 was A$213.9 Mil. Therefore, Cedar Woods Properties's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 5.40%.

Cedar Woods Properties Effective Interest Rate on Debt % Historical Data

The historical data trend for Cedar Woods Properties'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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Cedar Woods Properties Effective Interest Rate on Debt % Chart

Cedar Woods Properties Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

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1.62

2.23

0.25

2.11

6.27

Cedar Woods Properties Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-1.13	1.35	2.52	4.24	5.40

Competitive Comparison of Cedar Woods Properties's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Cedar Woods Properties'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.

Cedar Woods Properties's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

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

* The bar in red indicates where Cedar Woods Properties's Effective Interest Rate on Debt % falls into.

Cedar Woods Properties Effective Interest Rate on Debt % Calculation

Cedar Woods Properties's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2023 )	+	Total Debt (A: Jun. 2024 ))	/ count )
=	-1 * -10.945	/	( (204.799	+	144.565)	/ 2 )
=	-1 * -10.945	/	174.682
=	6.27 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	204.182	+	0.617
=	204.799

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	143.949	+	0.616
=	144.565

Cedar Woods Properties's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -11.542	/	( (283.209	+	144.565)	/ 2 )
=	-1 * -11.542	/	213.887
=	5.40 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	253.459	+	29.75
=	283.209

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	143.949	+	0.616
=	144.565

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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Cedar Woods Properties (ASX:CWP) Effective Interest Rate on Debt % Explanation

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

Cedar Woods Properties Effective Interest Rate on Debt % Related Terms

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Cedar Woods Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cedar Woods Properties Ltd (ASX:CWP) » Definitions » Effective Interest Rate on Debt %

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Address

50 Colin Street, Level 4, West Perth, Perth, WA, AUS, 6005

Website

https://www.cedarwoods.com.au

Cedar Woods Properties Ltd is an Australian property development company. The company's principal interests are in urban land subdivision and built-form development for residential, commercial, and retail purposes. The firm offers a range of housing lots, apartments, townhouses, and commercial properties. Its portfolio of assets is located in Western Australia, Victoria, Queensland, and South Australia.

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