Construtora Tenda (BSP:TEND3) Effective Interest Rate on Debt % : 13.09% (As of Sep. 2024)

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What is Construtora Tenda 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. Construtora Tenda's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was R$154 Mil. Construtora Tenda's average total debt for the quarter that ended in Sep. 2024 was R$1,177 Mil. Therefore, Construtora Tenda's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 13.09%.

Construtora Tenda Effective Interest Rate on Debt % Historical Data

The historical data trend for Construtora Tenda'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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Construtora Tenda Effective Interest Rate on Debt % Chart

Construtora Tenda Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.67

3.66

7.20

16.10

12.97

Construtora Tenda Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															13.62	15.74	22.26	23.48	13.09

Competitive Comparison of Construtora Tenda's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Construtora Tenda'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.

Construtora Tenda's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

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

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

Construtora Tenda Effective Interest Rate on Debt % Calculation

Construtora Tenda'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 * -177.354	/	( (1511.105	+	1222.793)	/ 2 )
=	-1 * -177.354	/	1366.949
=	12.97 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	915.436	+	595.669
=	1511.105

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	830.158	+	392.635
=	1222.793

Construtora Tenda's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -154.116	/	( (1145.835	+	1208.59)	/ 2 )
=	-1 * -154.116	/	1177.2125
=	13.09 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	755.409	+	390.426
=	1145.835

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	538.703	+	669.887
=	1208.59

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

Construtora Tenda (BSP:TEND3) Effective Interest Rate on Debt % Explanation

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

Construtora Tenda Effective Interest Rate on Debt % Related Terms

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Construtora Tenda Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Construtora Tenda SA (BSP:TEND3) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Rua Boa Vista, 280, Sao Paulo, SP, BRA, 01010-001

Website

https://www.tenda.com

Construtora Tenda SA is engaged in the performance of general construction works: the merger of property; the purchase and sale of properties; providing construction management services; intermediating the sale of consortium shares; and participation in other companies. Subsidiaries share the managerial, operating structures, and corporate costs. The SPEs are exclusively engaged in real estate operations and are linked to specific projects. The company focuses on affordable housing which allows it to pursue scale gains and continuous improvement. It has a single SKU for no-elevator buildings. It has two segments On-site and Off-site.

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