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Franklin BSP Capital (Franklin BSP Capital) Effective Interest Rate on Debt % : 6.07% (As of Mar. 2024)


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What is Franklin BSP Capital 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. Franklin BSP Capital's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $91.72 Mil. Franklin BSP Capital's average total debt for the quarter that ended in Mar. 2024 was $1,510.00 Mil. Therefore, Franklin BSP Capital's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.07%.

Franklin BSP Capital Effective Interest Rate on Debt % Historical Data

The historical data trend for Franklin BSP Capital'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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Franklin BSP Capital Effective Interest Rate on Debt % Chart

Franklin BSP Capital Annual Data
Trend
Effective Interest Rate on Debt %

Franklin BSP Capital Quarterly Data
Mar23 Mar24
Effective Interest Rate on Debt % - 6.07

Competitive Comparison of Franklin BSP Capital's Effective Interest Rate on Debt %

For the Asset Management subindustry, Franklin BSP Capital'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.

Franklin BSP Capital's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

* The bar in red indicates where Franklin BSP Capital's Effective Interest Rate on Debt % falls into.


Franklin BSP Capital Effective Interest Rate on Debt % Calculation

Franklin BSP Capital's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: . 20 )+Total Debt  (A: . 20 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Franklin BSP Capital'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: Mar. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -91.724/( (0+1510.004)/ 1 )
=-1  *  -91.724/1510.004
=6.07 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1510.004 + 0
=1510.004

* 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.

Franklin BSP Capital  (OTCPK:FRBP) Effective Interest Rate on Debt % Explanation

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

Franklin BSP Capital Effective Interest Rate on Debt % Related Terms

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Franklin BSP Capital (Franklin BSP Capital) Business Description

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Franklin BSP Capital Corp is a an externally managed closed-end management investment company whose investment objective is to generate both current income capital and capital appreciation through debt and equity investments. The Company invests in first and second lien senior secured loans, and to a lesser extent, mezzanine loans, unsecured loans and equity of predominantly private U.S. middle market companies.

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