Cleantech Building Materials (LSE:CBM) Effective Interest Rate on Debt % : 47.55% (As of Jun. 2021)

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What is Cleantech Building Materials 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. Cleantech Building Materials's annualized positive value of Interest Expense for the quarter that ended in Jun. 2021 was £0.13 Mil. Cleantech Building Materials's average total debt for the quarter that ended in Jun. 2021 was £0.27 Mil. Therefore, Cleantech Building Materials's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2021 was 47.55%.

Cleantech Building Materials Effective Interest Rate on Debt % Historical Data

The historical data trend for Cleantech Building Materials'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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Cleantech Building Materials Effective Interest Rate on Debt % Chart

Cleantech Building Materials Annual Data

Trend

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Effective Interest Rate on Debt %

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13.00

11.92

11.93

17.20

116.04

Cleantech Building Materials Semi-Annual Data
	Mar15	Mar16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						21.74	93.12	72.43	67.33	47.55

Competitive Comparison of Cleantech Building Materials's Effective Interest Rate on Debt %

For the Lumber & Wood Production subindustry, Cleantech Building Materials'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.

Cleantech Building Materials's Effective Interest Rate on Debt % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Cleantech Building Materials's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Cleantech Building Materials's Effective Interest Rate on Debt % falls into.

Cleantech Building Materials Effective Interest Rate on Debt % Calculation

Cleantech Building Materials's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2019 )	+	Total Debt (A: Dec. 2020 ))	/ count )
=	-1 * -0.246	/	( (0.212	+	0)	/ 1 )
=	-1 * -0.246	/	0.212
=	116.04 %

where

	Total Debt (A: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.212	+	0
=	0.212

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

Cleantech Building Materials's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2020 )	+	Total Debt (Q: Jun. 2021 ))	/ count )
=	-1 * -0.126	/	( (0	+	0.265)	/ 1 )
=	-1 * -0.126	/	0.265
=	47.55 %

where

	Total Debt (Q: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Jun. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.265	+	0
=	0.265

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. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Cleantech Building Materials (LSE:CBM) Effective Interest Rate on Debt % Explanation

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

Cleantech Building Materials Effective Interest Rate on Debt % Related Terms

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Cleantech Building Materials (LSE:CBM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Cleantech Building Materials PLC (LSE:CBM) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

7 Trebeck Street, London, GBR, W1J 7LU

Website

http://www.cbm-plc.com

Cleantech Building Materials PLC provides building materials. It is engaged in the sale of specialist wood products, technology licensing, sourcing and procurement, business development and investment holding. The group generates revenue from the ASEAN region.

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