SLR Senior Investment (SLR Senior Investment) Effective Interest Rate on Debt % : 4.07% (As of Dec. 2021)

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What is SLR Senior Investment 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. SLR Senior Investment's annualized positive value of Interest Expense for the quarter that ended in Dec. 2021 was $6.43 Mil. SLR Senior Investment's average total debt for the quarter that ended in Dec. 2021 was $157.99 Mil. Therefore, SLR Senior Investment's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 was 4.07%.

SLR Senior Investment Effective Interest Rate on Debt % Historical Data

The historical data trend for SLR Senior Investment'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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SLR Senior Investment Effective Interest Rate on Debt % Chart

SLR Senior Investment Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Effective Interest Rate on Debt %

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3.46

5.33

5.68

5.30

5.57

SLR Senior Investment Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.48	7.13	5.62	5.06	4.07

Competitive Comparison of SLR Senior Investment's Effective Interest Rate on Debt %

For the Asset Management subindustry, SLR Senior Investment'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.

SLR Senior Investment's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SLR Senior Investment's Effective Interest Rate on Debt % distribution charts can be found below:

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

SLR Senior Investment Effective Interest Rate on Debt % Calculation

SLR Senior Investment's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * -6.923	/	( (88.493	+	159.919)	/ 2 )
=	-1 * -6.923	/	124.206
=	5.57 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	88.493	+	0
=	88.493

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	159.919	+	0
=	159.919

SLR Senior Investment's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2021 )	+	Total Debt (Q: Dec. 2021 ))	/ count )
=	-1 * -6.428	/	( (156.059	+	159.919)	/ 2 )
=	-1 * -6.428	/	157.989
=	4.07 %

where

	Total Debt (Q: Sep. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	156.059	+	0
=	156.059

	Total Debt (Q: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	159.919	+	0
=	159.919

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 (Dec. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

SLR Senior Investment (NAS:SUNS) Effective Interest Rate on Debt % Explanation

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

SLR Senior Investment Effective Interest Rate on Debt % Related Terms

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SLR Senior Investment (SLR Senior Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SLR Senior Investment Corp (NAS:SUNS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Park Avenue, New York, NY, USA, 10022

Website

https://slrseniorinvestmentcorp.com

SLR Senior Investment Corp is a closed-end investment company that has elected to be treated as a business development company. It invest in senior secured loans of private middle market companies to generate current income that is distributed to shareholders monthly. It collaborates with U.S. middle market businesses across a diversity of industries to deliver customized debt financing solutions.

Executives

Michael S Gross	director, officer: See Remarks	C/O SOLAR CAPITAL LTD., 500 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Bruce J Spohler	director, officer: See Remarks
Steven Hochberg	director	560 WHITE PLAINS ROAD, TARRYTOWN NY 10591
Rs Properties I Llc	other: Member of 10% owner group.	40 WALL STREET 23RD FLOOR NEW YORK NY 10005
Jack Silver	other: Member of 10% owner group	660 MADISON AVENUE, NEW YORK NY 10021
Richard Peteka	officer: CFO, Secretary and Treasurer	CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE 4TH FL, STAMFORD CT 06902
Stephen Adams	10 percent owner
Nicholas Radesca	officer: CFO & Secretary	C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Leonard Potter	director	C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
David Wachter	director	W. CAPITAL PARTNERS, ONE EAST 52ND STREET, NEW YORK NY 10022
Guy Talarico	officer: Chief Compliance Officer	590 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022