GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Community Redevelopment Inc (OTCPK:CRDV) » Definitions » Effective Interest Rate on Debt %

Community Redevelopment (Community Redevelopment) Effective Interest Rate on Debt % : 1.15% (As of Sep. 2023)


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

What is Community Redevelopment 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. Community Redevelopment's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.14 Mil. Community Redevelopment's average total debt for the quarter that ended in Sep. 2023 was $12.21 Mil. Therefore, Community Redevelopment's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 1.15%.


Community Redevelopment Effective Interest Rate on Debt % Historical Data

The historical data trend for Community Redevelopment'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.

Community Redevelopment Effective Interest Rate on Debt % Chart

Community Redevelopment Annual Data
Trend Jan01 Jan02 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial - - - 135.49 14.44

Community Redevelopment Quarterly Data
Jan02 Apr02 Jul02 Jan03 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 19.72 1.83 2.52 1.50 1.15

Competitive Comparison of Community Redevelopment's Effective Interest Rate on Debt %

For the Real Estate - Diversified subindustry, Community Redevelopment'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.


Community Redevelopment's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

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

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



Community Redevelopment Effective Interest Rate on Debt % Calculation

Community Redevelopment's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -0.584/( (1.102+6.985)/ 2 )
=-1  *  -0.584/4.0435
=14.44 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.768 + 4.217
=6.985

Community Redevelopment's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -0.14/( (11.75+12.67)/ 2 )
=-1  *  -0.14/12.21
=1.15 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.343 + 4.407
=11.75

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.834 + 4.836
=12.67

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


Community Redevelopment  (OTCPK:CRDV) Effective Interest Rate on Debt % Explanation

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


Community Redevelopment Effective Interest Rate on Debt % Related Terms

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


Community Redevelopment (Community Redevelopment) Business Description

Traded in Other Exchanges
N/A
Address
1910 Towne Centre Boulevard, Suite 250, Annapolis, MD, USA, 21401
Community Redevelopment Inc is a full-service developer of mixed-use commercial and multifamily residential communities in the continental United States. The company provides affordable housing and economic opportunities for the residents.
Executives
Charles Arnold director C/O COMMUNITY REDEVELOPMENT, INC., 20295 NE 29TH PLACE, #200, AVENTURA FL 33180
Joseph Gibbons director 10589 VERSAILLES BLVD., WELLINGTON FL 33449
Robert Grinberg other: Shares received in Merger 19515 PRESIDENTIAL WAY, MIAMI FL 33179
Benjamin Kaplan other: Shares received in Merger C/O EHAVE, INC. 18851 NE 29TH AVENUE,, SUITE 700, AVENTURA FL 33180
Garfield Antonio director, 10 percent owner 20295 NE 29TH PLACE, #200, AVENTURA FL 33180
Kevin Lee Humes director, 10 percent owner 2735 NW 163 STREET, MIAMI GARDENS FL 33054
Ronald Alden Silver director, 10 percent owner 2031 NE 209TH ST., NORTH MIAMI BEACH FL 33179
Stalin A Cruz director, 10 percent owner 20295 NE 29TH PLACE, #200, AVENTURA FL 33180

Community Redevelopment (Community Redevelopment) Headlines