CGBSF (Crown LNG Holdings) Effective Interest Rate on Debt %: 14.83% (As of Jun. 2024)

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What is Crown LNG Holdings Effective Interest Rate on Debt %?

Crown LNG Holdings CGBSF -99.00% Effective Interest Rate on Debt % is 14.83% as of Jun. 2024.

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. Crown LNG Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $0.84 Mil. Crown LNG Holdings's average total debt for the quarter that ended in Jun. 2024 was $5.64 Mil. Therefore, Crown LNG Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 14.83%.


Crown LNG Holdings  (OTCPK:CGBSF) Effective Interest Rate on Debt % Explanation

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


Crown LNG Holdings Effective Interest Rate on Debt % Related Terms


Crown LNG Holdings Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Crown LNG Holdings'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.

Crown LNG Holdings Effective Interest Rate on Debt % Chart

Crown LNG Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
0.00 5.05 70.24 16.05

Crown LNG Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Effective Interest Rate on Debt % Get a 7-Day Free Trial 56.29 95.47 16.48 20.28 14.83

CGBSF vs SDXEF, HTPRF, SPOWF: Effective Interest Rate on Debt % Comparison

For the Oil & Gas Integrated subindustry, Crown LNG Holdings'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.


Crown LNG Holdings Effective Interest Rate on Debt % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Crown LNG Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Crown LNG Holdings's Effective Interest Rate on Debt % falls into.



Crown LNG Holdings Effective Interest Rate on Debt % Calculation

Crown LNG Holdings'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  *  -0.458/( (1.745+3.961)/ 2 )
=-1  *  -0.458/2.853
=16.05 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.733 + 0.012
=1.745

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.255 + 2.706
=3.961

Crown LNG Holdings'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  *  -0.836/( (3.961+7.31)/ 2 )
=-1  *  -0.836/5.6355
=14.83 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.255 + 2.706
=3.961

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.303 + 5.007
=7.31

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

What does a Effective Interest Rate on Debt % of 14.83% mean?
Crown LNG Holdings (CGBSF) has a Effective Interest Rate on Debt % of 14.83% as of Jun. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Crown LNG Holdings and its competitors.
Is Crown LNG Holdings' Effective Interest Rate on Debt % too high?
Crown LNG Holdings' current Effective Interest Rate on Debt % is 14.83%.
How does Crown LNG Holdings' Effective Interest Rate on Debt % compare to SDXEF and HTPRF?
Crown LNG Holdings' Effective Interest Rate on Debt % of 14.83% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Oil & Gas company?
A good Effective Interest Rate on Debt % depends on the Oil & Gas industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Crown LNG Holdings and its competitors. Crown LNG Holdings's current Effective Interest Rate on Debt % is 14.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crown LNG Holdings stock overvalued right now?
Crown LNG Holdings (CGBSF) has a current Effective Interest Rate on Debt % of 14.83%. The current Effective Interest Rate on Debt % is 14.83%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Crown LNG Holdings (CGBSF), the current Effective Interest Rate on Debt % is 14.83% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Crown LNG Holdings Business Description

Industry EnergyOil & Gas
Address 44 Esplanade, 3rd Floor, Saint Helier, JEY, JE4 9WG
Crown LNG Holdings Ltd is an LNG infrastructure company that seeks to provide natural gas liquefaction, storage, and re-gasification services. It focuses on enabling a stable and reliable supply of LNG to customers, especially in geographic areas where onshore or floating facilities may be difficult or less desirable as a result of harsh weather conditions, safety or environmental concerns, or cost. It specializes in the design and operation of offshore, all-weather LNG liquefication and re-gasification terminals, such as gravity-based structures. Through Its technologies and design, It believes it can deliver tailored LNG infrastructure suitable for energy-isolated locations, as well as provide critical LNG infrastructure to under-served markets around the world.