Balwin Properties (JSE:BWN) Effective Interest Rate on Debt % : 1.57% (As of Aug. 2024)

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What is Balwin Properties 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. Balwin Properties's annualized positive value of Interest Expense for the quarter that ended in Aug. 2024 was R48 Mil. Balwin Properties's average total debt for the quarter that ended in Aug. 2024 was R3,073 Mil. Therefore, Balwin Properties's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2024 was 1.57%.

Balwin Properties Effective Interest Rate on Debt % Historical Data

The historical data trend for Balwin Properties'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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Balwin Properties Effective Interest Rate on Debt % Chart

Balwin Properties Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Effective Interest Rate on Debt %

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0.43

0.66

1.35

1.14

1.67

Balwin Properties Semi-Annual Data
	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial														0.87	1.46	1.26	1.97	1.57

Competitive Comparison of Balwin Properties's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Balwin Properties'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.

Balwin Properties's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

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

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

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Balwin Properties Effective Interest Rate on Debt % Calculation

Balwin Properties's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2023 )	+	Total Debt (A: Feb. 2024 ))	/ count )
=	-1 * -50.325	/	( (2957.785	+	3073.089)	/ 2 )
=	-1 * -50.325	/	3015.437
=	1.67 %

where

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1267.933	+	1689.852
=	2957.785

	Total Debt (A: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1113.695	+	1959.394
=	3073.089

Balwin Properties's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Feb. 2024 )	+	Total Debt (Q: Aug. 2024 ))	/ count )
=	-1 * -48.102	/	( (3073.089	+	3072.104)	/ 2 )
=	-1 * -48.102	/	3072.5965
=	1.57 %

where

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1113.695	+	1959.394
=	3073.089

	Total Debt (Q: Aug. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1146.054	+	1926.05
=	3072.104

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

Balwin Properties (JSE:BWN) Effective Interest Rate on Debt % Explanation

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

Balwin Properties Effective Interest Rate on Debt % Related Terms

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Balwin Properties Business Description

Industry

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Traded in Other Exchanges

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Address

105 Corlett Drive, Melrose, Johannesburg, GT, ZAF, 2196

Website

https://www.balwin.co.za

Balwin Properties Ltd is South Africa's residential property developer of large-scale, sectional title estates with a focus on high quality, environmentally efficient and affordable apartments with an lifestyle offering for residents. The operating segments of the company includes Sale of apartments, Provision of services to residential estates, Bond commission, Residential and commercial property rentals and Balwin Foundation. It generates majority of the revenue from Sale of apartments segment.