Simonds Group (ASX:SIO) Effective Interest Rate on Debt % : 16.48% (As of Dec. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Simonds 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. Simonds Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was A$2.8 Mil. Simonds Group's average total debt for the quarter that ended in Dec. 2024 was A$16.8 Mil. Therefore, Simonds Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 16.48%.

Simonds Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Simonds 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.

Simonds Group Effective Interest Rate on Debt % Chart

Simonds Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

8.88

6.90

8.18

9.30

11.67

Simonds Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															9.52	8.65	10.38	13.80	16.48

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

For the Residential Construction subindustry, Simonds 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.

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

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

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

Save Embed

;

Save Embed

;

Simonds Group Effective Interest Rate on Debt % Calculation

Simonds Group'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 * -2.208	/	( (21.456	+	16.38)	/ 2 )
=	-1 * -2.208	/	18.918
=	11.67 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.399	+	12.057
=	21.456

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.455	+	11.925
=	16.38

Simonds Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -2.774	/	( (16.38	+	17.277)	/ 2 )
=	-1 * -2.774	/	16.8285
=	16.48 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.455	+	11.925
=	16.38

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.124	+	13.153
=	17.277

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

Simonds Group (ASX:SIO) Effective Interest Rate on Debt % Explanation

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

Simonds Group Effective Interest Rate on Debt % Related Terms

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

Simonds Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Simonds Group Ltd (ASX:SIO) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

570 St Kilda Road, Level 4, Melbourne, VIC, AUS, 3004

Website

http://www.simondsgroup.com.au

Simonds Group Ltd is engaged in the design and construction of residential dwellings. Its operating segment includes Residential construction and Land development. The company generates maximum revenue from the Residential construction segment. Its Residential construction segment includes activities relating to contracts for residential home construction, speculative home building and the building of display home inventory. Geographically, it operates only in Australia.

Simonds Group Headlines

From GuruFocus

FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ Buys 3, Sells 2 in 3rd Quarter

By GuruFocus Research GuruFocus Editor • 10-26-2022

Top 5 4th Quarter Trades of FORT WASHINGTON INVESTMENT ADVISORS INC /OH/

By GuruFocus Research GuruFocus Editor • 01-30-2023