GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CT Global Managed Portfolio Trust PLC (LSE:CMPG) » Definitions » Effective Interest Rate on Debt %

CT Global Managed Portfolio Trust (LSE:CMPG) Effective Interest Rate on Debt % : 4.06% (As of Nov. 2023)


View and export this data going back to 2008. Start your Free Trial

What is CT Global Managed Portfolio Trust 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. CT Global Managed Portfolio Trust's annualized positive value of Interest Expense for the quarter that ended in Nov. 2023 was £0.28 Mil. CT Global Managed Portfolio Trust's average total debt for the quarter that ended in Nov. 2023 was £7.00 Mil. Therefore, CT Global Managed Portfolio Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 was 4.06%.


CT Global Managed Portfolio Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for CT Global Managed Portfolio Trust'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.

CT Global Managed Portfolio Trust Effective Interest Rate on Debt % Chart

CT Global Managed Portfolio Trust Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 2.20 1.93 2.19 3.40

CT Global Managed Portfolio Trust Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 2.00 2.37 3.09 3.71 4.06

Competitive Comparison of CT Global Managed Portfolio Trust's Effective Interest Rate on Debt %

For the Asset Management subindustry, CT Global Managed Portfolio Trust'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.


CT Global Managed Portfolio Trust's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CT Global Managed Portfolio Trust's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where CT Global Managed Portfolio Trust's Effective Interest Rate on Debt % falls into.



CT Global Managed Portfolio Trust Effective Interest Rate on Debt % Calculation

CT Global Managed Portfolio Trust's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: May. 2022 )+Total Debt  (A: May. 2023 ))/ count )
=-1  *  -0.238/( (7+7)/ 2 )
=-1  *  -0.238/7
=3.40 %

where

CT Global Managed Portfolio Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: May. 2023 )+Total Debt  (Q: Nov. 2023 ))/ count )
=-1  *  -0.284/( (7+7)/ 2 )
=-1  *  -0.284/7
=4.06 %

where

* 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 two times the semi-annual (Nov. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


CT Global Managed Portfolio Trust  (LSE:CMPG) Effective Interest Rate on Debt % Explanation

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


CT Global Managed Portfolio Trust Effective Interest Rate on Debt % Related Terms

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


CT Global Managed Portfolio Trust (LSE:CMPG) Business Description

Traded in Other Exchanges
Address
Quartermile 4, 7a Nightingale Way, Edinburgh, GBR, EH3 9EG
CT Global Managed Portfolio Trust PLC closed-end investment company. The company's investment objectives are to provide investors with access to a broad spread of investment companies, covering a variety of geographies, sectors, and investment managers, with the objective of providing both income and growth, while spreading investment risk. The Company has two classes of shares with two separate investment Portfolios, the Income shares where the investment focus is to provide an attractive level of income, together with some capital growth, and the Growth shares, where the investment focus is to achieve capital growth.

CT Global Managed Portfolio Trust (LSE:CMPG) Headlines

No Headlines