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Capstone Holding (Capstone Holding) Effective Interest Rate on Debt % : 6.23% (As of Dec. 2023)


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What is Capstone Holding 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. Capstone Holding's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $1.54 Mil. Capstone Holding's average total debt for the quarter that ended in Dec. 2023 was $24.64 Mil. Therefore, Capstone Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.23%.


Capstone Holding Effective Interest Rate on Debt % Historical Data

The historical data trend for Capstone Holding'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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Capstone Holding Effective Interest Rate on Debt % Chart

Capstone Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.41 5.95 4.31 3.13 6.22

Capstone Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.54 5.66 3.88 5.79 6.23

Competitive Comparison of Capstone Holding's Effective Interest Rate on Debt %

For the Building Materials subindustry, Capstone Holding'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.


Capstone Holding's Effective Interest Rate on Debt % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Capstone Holding's Effective Interest Rate on Debt % distribution charts can be found below:

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



Capstone Holding Effective Interest Rate on Debt % Calculation

Capstone Holding'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  *  -1.529/( (28.804+20.328)/ 2 )
=-1  *  -1.529/24.566
=6.22 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.642 + 9.162
=28.804

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.264 + 12.064
=20.328

Capstone Holding'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -1.536/( (28.95+20.328)/ 2 )
=-1  *  -1.536/24.639
=6.23 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17.704 + 11.246
=28.95

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.264 + 12.064
=20.328

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Capstone Holding  (OTCPK:CAPS) Effective Interest Rate on Debt % Explanation

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


Capstone Holding Effective Interest Rate on Debt % Related Terms

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Capstone Holding (Capstone Holding) Business Description

Traded in Other Exchanges
N/A
Address
5141 West 122nd Street, Suite 104, Alsip, IL, USA, 60803
Capstone Holding Corp operates through its wholly-owned subsidiary as a construction materials company, which distributes manufactured and natural stone cladding products, natural stone landscape products, and related goods for residential and commercial construction.
Executives
Alimco Financial Corp other: See Remarks 2336 S.E. OCEAN BOULEVARD SUITE 400, STUART FL 34996
Neil S Subin 10 percent owner 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Miller Lloyd I Iii 10 percent owner
Michael Toporek director, other: See Explanation of Responses C/O MECHANICAL TECHNOLOGY, INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Bp Peptides, Llc 10 percent owner 122 EAST 42ND STREET, SUITE 4305, NEW YORK NY 10168
Matthew E. Lipman director, 10 percent owner C/O MECHANICAL TECHNOLOGY, INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Biotechnology Value Fund L P 10 percent owner, other: Direct Beneficial Owner 44 MONTGOMERY STREET, 40TH FL, SAN FRANCISCO CA 94104
Leslie M Taeger officer: Chief Financial Officer
Mark N Lampert 10 percent owner 1 SANSOME ST, 30TH FL, SAN FRANCISCO CA 94104
Eric W Fangmann director 1540 10TH AVENUE, SAN DIEGO CA 92101
Holliman John M Iii director, officer: Executive Chairman 6155 N SCOTTADALE ROAD STE 100, SCOTTSDALE AZ 85250
Fredric J Feldman director 1275 W. WASHINGTON, TEMPE AZ 85281
Bvf Partners L P/il 10 percent owner, other: Indirect Beneficial Owner 44 MONTGOMERY ST., 40TH FLOOR, SAN FRANCISCO CA 94104
Bvf Investments Llc 10 percent owner, other: Direct Beneficial Owner 1 SANSOME ST, 30TH FL, SAN FRANCISCO CA 94104
William M Wardell director 58 CHRISTOPHER DR, PRINCETON NJ 08540