Neinor Homes (XMAD:HOME) Effective Interest Rate on Debt % : 5.79% (As of Dec. 2024)

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What is Neinor Homes 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. Neinor Homes's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was €26.6 Mil. Neinor Homes's average total debt for the quarter that ended in Dec. 2024 was €459.1 Mil. Therefore, Neinor Homes's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 5.79%.

Neinor Homes Effective Interest Rate on Debt % Historical Data

The historical data trend for Neinor Homes'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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Neinor Homes Effective Interest Rate on Debt % Chart

Neinor Homes Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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1.80

4.64

4.38

5.99

5.06

Neinor Homes Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.57	7.31	4.72	4.90	5.79

Competitive Comparison of Neinor Homes's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Neinor Homes'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.

Neinor Homes's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

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

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

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Neinor Homes Effective Interest Rate on Debt % Calculation

Neinor Homes's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -22.941	/	( (387.891	+	518.224)	/ 2 )
=	-1 * -22.941	/	453.0575
=	5.06 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	167.626	+	220.265
=	387.891

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	363.287	+	154.937
=	518.224

Neinor Homes's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -26.568	/	( (400.016	+	518.224)	/ 2 )
=	-1 * -26.568	/	459.12
=	5.79 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	197.126	+	202.89
=	400.016

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	363.287	+	154.937
=	518.224

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

Neinor Homes (XMAD:HOME) Effective Interest Rate on Debt % Explanation

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

Neinor Homes Effective Interest Rate on Debt % Related Terms

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Neinor Homes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Neinor Homes SA (XMAD:HOME) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

HOMEe:UK 0RNU:UK 1NN:Germany

Address

Calle Henao 20, Bilbao, ESP, 48009

Website

https://www.neinorhomes.com

Neinor Homes SA is a residential property development company in Spain. The company is engaged in developing and selling property developments. Its operating segment includes Rentals, Development, Asset Management and others. The company generates maximum revenue from the Development segment.