James Halstead (LSE:JHD) Effective Interest Rate on Debt % : 4.39% (As of Dec. 2023)

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What is James Halstead 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. James Halstead's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £0.3 Mil. James Halstead's average total debt for the quarter that ended in Dec. 2023 was £7.1 Mil. Therefore, James Halstead's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.39%.

James Halstead Effective Interest Rate on Debt % Historical Data

The historical data trend for James Halstead'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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James Halstead Effective Interest Rate on Debt % Chart

James Halstead Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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10.93

8.94

3.80

3.83

James Halstead Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.04	3.72	2.58	3.78	4.39

Competitive Comparison of James Halstead's Effective Interest Rate on Debt %

For the Building Products & Equipment subindustry, James Halstead'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.

James Halstead's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, James Halstead's Effective Interest Rate on Debt % distribution charts can be found below:

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

James Halstead Effective Interest Rate on Debt % Calculation

James Halstead's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -0.249	/	( (5.714	+	7.278)	/ 2 )
=	-1 * -0.249	/	6.496
=	3.83 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.548	+	2.166
=	5.714

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.582	+	2.696
=	7.278

James Halstead'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.312	/	( (7.278	+	6.945)	/ 2 )
=	-1 * -0.312	/	7.1115
=	4.39 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.582	+	2.696
=	7.278

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.359	+	2.586
=	6.945

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

James Halstead (LSE:JHD) Effective Interest Rate on Debt % Explanation

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

James Halstead Effective Interest Rate on Debt % Related Terms

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James Halstead (LSE:JHD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » James Halstead PLC (LSE:JHD) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

JHD.GB:UK HSJA:Germany

Address

Hollinhurst Road, Beechfield, Radcliffe, Manchester, GBR, M26 1JN

Website

https://www.jameshalstead.com

James Halstead PLC manufactures commercial, contract, and consumer flooring. The flooring is used in offices, retail shops, factories, clinics and hospitals, schools, hotels, cinemas, restaurants, and airports. The firm's portfolio of brands includes Polyflor, Polysafe, Expona, Performa, Saarfloor Systems, Megastrong, Camaro, Colonia, Kudos, Expona Domestic, Voyager, Forest fx, Cavalio, and Arai. Arai is a helmet manufacturer focused on motorsports. The company generates most of its revenue in Europe and the United Kingdom.