KCG Holdings (KCG Holdings) Effective Interest Rate on Debt % : 18.31% (As of Mar. 2017)

View and export this data going back to 2013. Start your Free Trial

What is KCG Holdings 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. KCG Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2017 was $97 Mil. KCG Holdings's average total debt for the quarter that ended in Mar. 2017 was $530 Mil. Therefore, KCG Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2017 was 18.31%.

KCG Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for KCG Holdings'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.

KCG Holdings Effective Interest Rate on Debt % Chart

KCG Holdings Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

20.58

15.71

13.51

18.65

16.86

KCG Holdings Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															18.28	18.95	18.56	17.60	18.31

Competitive Comparison of KCG Holdings's Effective Interest Rate on Debt %

For the Capital Markets subindustry, KCG Holdings'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.

KCG Holdings's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, KCG Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

KCG Holdings Effective Interest Rate on Debt % Calculation

KCG Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2015 )	+	Total Debt (A: Dec. 2016 ))	/ count )
=	-1 * -88.533	/	( (495.632	+	554.353)	/ 2 )
=	-1 * -88.533	/	524.9925
=	16.86 %

where

	Total Debt (A: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	495.632	+	0
=	495.632

	Total Debt (A: Dec. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	554.353	+	0
=	554.353

KCG Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2017 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2016 )	+	Total Debt (Q: Mar. 2017 ))	/ count )
=	-1 * -96.992	/	( (554.353	+	505.183)	/ 2 )
=	-1 * -96.992	/	529.768
=	18.31 %

where

	Total Debt (Q: Dec. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	554.353	+	0
=	554.353

	Total Debt (Q: Mar. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	505.183	+	0
=	505.183

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. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

KCG Holdings (NYSE:KCG) Effective Interest Rate on Debt % Explanation

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

KCG Holdings Effective Interest Rate on Debt % Related Terms

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

KCG Holdings (KCG Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » KCG Holdings Inc (NYSE:KCG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.kcg.com

KCG Holdings Inc operates in the financial services sector in United States. It is a comprehensive trading services provider functioning through three segments; Market Making segment is responsible for cash, futures and options markets; Global Execution Services segment comprises agency execution services and trading venues and the Corporate and Other segment contains functions that support the Company's other segments, such as self-clearing services, including stock lending activities. The company generates by far the highest amount of revenues from its Corporate segment.

Executives

Daniel Coleman	director, officer: Chief Executive Officer	KCG HOLDINGS, INC., 300 VESEY STREET, NEW YORK NY 10282
Peter R. Fisher	director	175 WATER STREET, NEW YORK NY 10038
Charles E Haldeman	director	C/O JBG/OPERATING PARTNERS, L.P., 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
John C. Morris	director	C/O VISA INC., P.O. BOX 8999, SAN FRANCISCO CA 94128-8999
Laurie M Shahon	director
Gap-w, Llc	10 percent owner, other: *See Remarks	55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
General Atlantic, L.p.	10 percent owner, other: *See Remarks	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Gapstar Llc	10 percent owner, other: *See Remarks	55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Gap Coinvestments Iii, Llc	10 percent owner, other: *See Remarks	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Gap Coinvestments Iv, Llc	10 percent owner, other: *See Remarks	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Gap Coinvestments Cda, L.p.	10 percent owner, other: *See Remarks	55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
General Atlantic Partners 83, L.p.	10 percent owner, other: *See Remarks	55 EAST 52ND STREET, 32ND FLOOR NEW YORK NY 10055
General Atlantic Genpar, L.p.	10 percent owner, other: *See Remarks	55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
General Atlantic Partners 93, L.p.	10 percent owner, other: *See Remarks	55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Jefferies Llc	10 percent owner	520 MADISON AVE., NEW YORK NY 10022

KCG Holdings (KCG Holdings) Headlines

From GuruFocus

Weekly CEO Buys Highlight: KCG, OPK, HOLX, CLMS, TDC

By GuruFocus GuruFocus • 02-11-2014

KCG Holdings CFO Buys 25,000 Shares

By Jennifer Chiou Jennifer Chiou • 08-13-2015