Coastal Greenland (STU:CGR0) Effective Interest Rate on Debt % : 9.54% (As of Mar. 2024)

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What is Coastal Greenland 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. Coastal Greenland's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €3.09 Mil. Coastal Greenland's average total debt for the quarter that ended in Mar. 2024 was €32.40 Mil. Therefore, Coastal Greenland's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 9.54%.

Coastal Greenland Effective Interest Rate on Debt % Historical Data

The historical data trend for Coastal Greenland'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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Coastal Greenland Effective Interest Rate on Debt % Chart

Coastal Greenland Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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7.79

5.67

4.58

1.52

3.32

Coastal Greenland Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.56	1.61	3.53	9.54	11.15

Competitive Comparison of Coastal Greenland's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Coastal Greenland'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.

Coastal Greenland's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

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

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

Coastal Greenland Effective Interest Rate on Debt % Calculation

Coastal Greenland's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -3.276	/	( (166.15	+	31.413)	/ 2 )
=	-1 * -3.276	/	98.7815
=	3.32 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	132.533	+	33.617
=	166.15

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.305	+	25.108
=	31.413

Coastal Greenland's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -3.092	/	( (33.392	+	31.413)	/ 2 )
=	-1 * -3.092	/	32.4025
=	9.54 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.331	+	30.061
=	33.392

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.305	+	25.108
=	31.413

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

Coastal Greenland (STU:CGR0) Effective Interest Rate on Debt % Explanation

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

Coastal Greenland Effective Interest Rate on Debt % Related Terms

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Coastal Greenland Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Coastal Greenland Ltd (STU:CGR0) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

01124:Hong Kong CGR0:Germany

Address

1006 Fuzhong Third Road, 38th Floor, Noble Center, Futian District, Guangdong Province, Shenzhen, CHN

Website

http://www.coastal.com.cn

Coastal Greenland Ltd is an investment holding company principally engaged in the property-related business in the People's republic of China. The company operates through four business segments. The Property Development segment is engaged in the development of properties for sale. The Property Investment segment is engaged in investment in commercial and residential properties. The Project Management segment is engaged in the provision of project management services. The Project Investment Service segment is engaged in the provision of services about the investment in and the sales of property development and land development projects. The majority of the revenue is generated from the property development segment.

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