GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Crawford & Co (NYSE:CRD.A) » Definitions » Effective Interest Rate on Debt %

CRD.A (Crawford) Effective Interest Rate on Debt % : 5.17% (As of Jun. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Crawford 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. Crawford's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $17 Mil. Crawford's average total debt for the quarter that ended in Jun. 2024 was $329 Mil. Therefore, Crawford's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 5.17%.


Crawford Effective Interest Rate on Debt % Historical Data

The historical data trend for Crawford'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.

* Premium members only.

Crawford Effective Interest Rate on Debt % Chart

Crawford Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.75 3.06 2.64 3.45 6.02

Crawford Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.87 6.29 6.14 5.62 5.17

Competitive Comparison of Crawford's Effective Interest Rate on Debt %

For the Insurance Brokers subindustry, Crawford'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.


Crawford's Effective Interest Rate on Debt % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Crawford's Effective Interest Rate on Debt % distribution charts can be found below:

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



Crawford Effective Interest Rate on Debt % Calculation

Crawford'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  *  -19.809/( (346.396+311.528)/ 2 )
=-1  *  -19.809/328.962
=6.02 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=296.438 + 49.958
=346.396

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=272.364 + 39.164
=311.528

Crawford'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: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -17.024/( (328.91+329.134)/ 2 )
=-1  *  -17.024/329.022
=5.17 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=285.118 + 43.792
=328.91

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=280.298 + 48.836
=329.134

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


Crawford  (NYSE:CRD.A) Effective Interest Rate on Debt % Explanation

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


Crawford Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Crawford's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Crawford Business Description

Industry
Traded in Other Exchanges
Address
5335 Triangle Parkway, Peachtree Corners, GA, USA, 30092
Crawford & Co provides claims and outsourcing solutions to the risk management, insurance industry, and self-insured entities. Its segments include North America Loss Adjusting; International Operations; Broadspire and Platform Solutions. The company generates maximum revenue from the International Operations segment. International Operations segment provides claims management and adjusting services to insurance carriers and self-insured entities related to property and casualty insurance claims.
Executives
Fred Robert Donner director GLOBAL INDEMNITY GROUP, LLC, 112 S. FRENCH STREET, SUITE 105, WILMINGTON DE 19801
Cameron M Bready director 3550 LENOX RD, ATLANTA GA 30326
Nidhi Verma officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Michael D Jones officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Van Bakel Patrick J officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Michael J Hoberman officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Andrew John Bart officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Tami E. Stevenson officer: SVP-GC & Corp Secretary 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Benedict V Burke officer: Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Inga K Beale director C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Lisa G Hannusch director C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Michelle Jarrard director C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Greta G Van officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Rohit Verma officer: EVP-Chief Operating Officer C/O CRAWFORD & COMPANY, 1001 SUMMIT BLVD, ATLANTA GA 30319
Rahul Patel director C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092

Crawford Headlines