Janus Capital Group (Janus Capital Group) Effective Interest Rate on Debt % : 5.11% (As of Mar. 2017)

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What is Janus Capital Group 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. Janus Capital Group's annualized positive value of Interest Expense for the quarter that ended in Mar. 2017 was $21 Mil. Janus Capital Group's average total debt for the quarter that ended in Mar. 2017 was $407 Mil. Therefore, Janus Capital Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2017 was 5.11%.

Janus Capital Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Janus Capital Group'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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Janus Capital Group Effective Interest Rate on Debt % Chart

Janus Capital Group Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Effective Interest Rate on Debt %

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7.89

7.54

6.65

6.50

5.14

Janus Capital Group 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															5.16	5.05	5.24	5.13	5.11

Competitive Comparison of Janus Capital Group's Effective Interest Rate on Debt %

For the Asset Management subindustry, Janus Capital Group'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.

Janus Capital Group's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

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

Janus Capital Group Effective Interest Rate on Debt % Calculation

Janus Capital Group'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 * -20.8	/	( (402.3	+	406.3)	/ 2 )
=	-1 * -20.8	/	404.3
=	5.14 %

where

	Total Debt (A: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	294.8	+	107.5
=	402.3

	Total Debt (A: Dec. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	406.3	+	0
=	406.3

Janus Capital Group'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 * -20.8	/	( (406.3	+	407.4)	/ 2 )
=	-1 * -20.8	/	406.85
=	5.11 %

where

	Total Debt (Q: Dec. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	406.3	+	0
=	406.3

	Total Debt (Q: Mar. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	295.5	+	111.9
=	407.4

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.

Janus Capital Group (NYSE:JNS) Effective Interest Rate on Debt % Explanation

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

Janus Capital Group Effective Interest Rate on Debt % Related Terms

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Janus Capital Group (Janus Capital Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Janus Capital Group Inc (NYSE:JNS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.janus.com

Janus Capital Group provides investment management services to individual and institutional investors. Assets are managed through three main subsidiaries: Janus, which focuses on growth-driven equity and fixed-income strategies; Intech, which offers mathematically driven equity strategies; and Perkins, which focuses on value-driven equity strategies. At the end of 2016, Janus had $196.8 billion in total AUM invested in equity (74%), fixed-income (24%), exchange-traded (1%) and money market funds.

Executives

Arnold A Pinkston	director	151 DETROIT STREET, DENVER CO 80206
J Richard Fredericks	director	151 DETROIT STREET DENVER CO 80206
Richard M Weil	director, officer: Chief Executive Officer	151 DETROIT STREET, DENVER CO 80206
Glenn S Schafer	director	151 DETROIT STREET, DENVER CO 80206
Bruce L Koepfgen	officer: President	151 DETROIT STREET, DENVER CO 80206
Billie Ida Williamson	director	151 DETROIT STREET, DENVER CO 80206
Timothy K Armour	director	C/O JANUS CAPITAL GROUP INC., 151 DETROIT STREET, DENVER CO 80206
George S Batejan	officer: EVP, Head of IT and Operations	151 DETROIT STREET, DENVER CO 80206
Robin C Beery	officer: EVP, Head of U.S. Distribution	JANUS CAPITAL GROUP INC., 151 DETROIT STREET, DENVER CO 80206
Jock Patton	director	7337 E DOUBLETREE RANCH ROAD, SCOTTSDALE AZ 85258
Robert T Parry	director	4500 PARK GRANADA, CALABASAS CA 91302
Steven Scheid	director	C/O NMI HOLDINGS, INC., 2100 POWELL STREET, EMERYVILLE CA 94608
Landon H Rowland	director	151 DETROIT ST DENVER CO 80206
Gary D Black	director, officer: CEO	2020 CALAMOS COURT, NAPERVILLE IL 60563
Scott S Grace	officer: SVP and Treasurer	C/O NUVEEN INVESTMENTS, SUITE 2900, 333 W. WACKER DRIVE, CHICAGO IL 60606