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Crown ElectroKinetics (Crown ElectroKinetics) Effective Interest Rate on Debt % : 166.47% (As of Mar. 2024)


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What is Crown ElectroKinetics 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. Crown ElectroKinetics's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $3.44 Mil. Crown ElectroKinetics's average total debt for the quarter that ended in Mar. 2024 was $2.07 Mil. Therefore, Crown ElectroKinetics's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 166.47%.


Crown ElectroKinetics Effective Interest Rate on Debt % Historical Data

The historical data trend for Crown ElectroKinetics'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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Crown ElectroKinetics Effective Interest Rate on Debt % Chart

Crown ElectroKinetics Annual Data
Trend Mar19 Mar20 Mar21 Dec22 Dec23
Effective Interest Rate on Debt %
58.20 59.77 181.49 0.35 327.09

Crown ElectroKinetics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 159.48 219.16 564.18 656.03 166.47

Competitive Comparison of Crown ElectroKinetics's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Crown ElectroKinetics'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.


Crown ElectroKinetics's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Crown ElectroKinetics's Effective Interest Rate on Debt % distribution charts can be found below:

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



Crown ElectroKinetics Effective Interest Rate on Debt % Calculation

Crown ElectroKinetics'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  *  -9.417/( (3.602+2.156)/ 2 )
=-1  *  -9.417/2.879
=327.09 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.366 + 2.236
=3.602

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.072 + 1.084
=2.156

Crown ElectroKinetics'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: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -3.44/( (2.156+1.977)/ 2 )
=-1  *  -3.44/2.0665
=166.47 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.072 + 1.084
=2.156

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.278 + 0.699
=1.977

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


Crown ElectroKinetics  (NAS:CRKN) Effective Interest Rate on Debt % Explanation

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


Crown ElectroKinetics Effective Interest Rate on Debt % Related Terms

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Crown ElectroKinetics (Crown ElectroKinetics) Business Description

Traded in Other Exchanges
N/A
Address
1110 NE Circle Boulevard, Corvallis, OR, USA, 97330
Crown ElectroKinetics Corp is a provider of DynamicTint. The company's technology allows any glass surface to transition between clear and dark in seconds. DynamicTint allows windows to transition from transparent to black. With applications to a wide array of windows, including commercial buildings, automotive sunroofs, and residential skylights, Crown partners with glass and film manufacturers for mass production and distribution. Its technology is a thin film that is powered by an electrically-charged pigment which not only replaces common window tints but is also a more sustainable alternative to traditional window treatments. The company is supported by a robust patent portfolio.
Executives
Douglas B Croxall 10 percent owner, officer: Chief Executive Officer 2331 MILL ROAD SUITE 100, ALEXANDRIA VA 22314
Joel Krutz officer: Chief Financial Officer 11601 WILSHIRE BLVD., SUITE 2240, LOS ANGELES CA 90025
Gary C Hanna director
Gizman I Abbas director 415 WASHINGTON STREET, APT 1B, NEW YORK NY 10013
Kaijiro Sato officer: Co-President and CMO 1110 NE CIRCLE BLVD., CORVALLIS OR 97330
Edward Kovalik director 1 GRAND ARMY PLAZA, 11 GG, BROOKLYN NY 11238
Philip J Anderson officer: Chief Financial Officer SIAR CAPITAL, 600 MADISON AVENUE, NEW YORK NY 10021
John P. Marchese director 150 TWELVE OAKS LANE, PONTE VEDRA BEACH FL 32082
Christopher H Smith director C/O ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Timothy Koch officer: Chief Technology Officer 1110 NE CIRCLE BLVD., CORVALLIS OR 97330
Dipanjan Nag director 9335 BURNETT LANE, DUBLIN OH 43017