Carson Development (Carson Development) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2002)

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What is Carson Development 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. Carson Development's annualized positive value of Interest Expense for the quarter that ended in Sep. 2002 was $0.00 Mil. Carson Development's average total debt for the quarter that ended in Sep. 2002 was $0.73 Mil. Therefore, Carson Development's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2002 was 0.00%.

Carson Development Effective Interest Rate on Debt % Historical Data

The historical data trend for Carson Development'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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Carson Development Effective Interest Rate on Debt % Chart

Carson Development Annual Data

Trend

Dec99

Dec00

Dec01

Effective Interest Rate on Debt %

Carson Development Quarterly Data
	Mar99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02
Effective Interest Rate on Debt %	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Carson Development's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Carson Development'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.

Carson Development's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

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

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

Carson Development Effective Interest Rate on Debt % Calculation

Carson Development's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2001 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2000 )	+	Total Debt (A: Dec. 2001 ))	/ count )
=	-1 * 0	/	( (0	+	0.034)	/ 1 )
=	-1 * 0	/	0.034
=	0.00 %

where

	Total Debt (A: Dec. 2000 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Dec. 2001 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.034
=	0.034

Carson Development's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2002 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2002 )	+	Total Debt (Q: Sep. 2002 ))	/ count )
=	-1 * 0	/	( (0.529	+	0.926)	/ 2 )
=	-1 * 0	/	0.7275
=	0.00 %

where

	Total Debt (Q: Jun. 2002 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.44	+	0.089
=	0.529

	Total Debt (Q: Sep. 2002 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.734	+	0.192
=	0.926

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. 2002) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Carson Development (OTCPK:CDVM) Effective Interest Rate on Debt % Explanation

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

Carson Development Effective Interest Rate on Debt % Related Terms

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Carson Development (Carson Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Carson Development Corp (OTCPK:CDVM) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

6917 West 135th Street, Suite B-29, Overland Park, KS, USA, 66223

Website

http://www.carsondevelopmentinc.com

Carson Development Corp is a Real Estate company. It includes the purchase of raw ground, developing the ground, constructing homes-apartment complexes-shopping centers-businesses, and then managing the property once it is complete.

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