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JPMorgan UK Small Cap Growth &ome (LSE:JUGI) Effective Interest Rate on Debt % : 7.11% (As of Jan. 2024)


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What is JPMorgan UK Small Cap Growth &ome 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. JPMorgan UK Small Cap Growth &ome's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was £1.92 Mil. JPMorgan UK Small Cap Growth &ome's average total debt for the quarter that ended in Jan. 2024 was £27.00 Mil. Therefore, JPMorgan UK Small Cap Growth &ome's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 7.11%.


JPMorgan UK Small Cap Growth &ome Effective Interest Rate on Debt % Historical Data

The historical data trend for JPMorgan UK Small Cap Growth &ome'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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JPMorgan UK Small Cap Growth &ome Effective Interest Rate on Debt % Chart

JPMorgan UK Small Cap Growth &ome Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.82 0.99 2.00 4.41

JPMorgan UK Small Cap Growth &ome Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 1.49 2.70 3.74 5.04 7.11

Competitive Comparison of JPMorgan UK Small Cap Growth &ome's Effective Interest Rate on Debt %

For the Asset Management subindustry, JPMorgan UK Small Cap Growth &ome'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.


JPMorgan UK Small Cap Growth &ome's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan UK Small Cap Growth &ome's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where JPMorgan UK Small Cap Growth &ome's Effective Interest Rate on Debt % falls into.



JPMorgan UK Small Cap Growth &ome Effective Interest Rate on Debt % Calculation

JPMorgan UK Small Cap Growth &ome's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jul. 2022 )+Total Debt  (A: Jul. 2023 ))/ count )
=-1  *  -1.147/( (25+27)/ 2 )
=-1  *  -1.147/26
=4.41 %

where

JPMorgan UK Small Cap Growth &ome's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jul. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  -1.92/( (27+0)/ 1 )
=-1  *  -1.92/27
=7.11 %

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 (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


JPMorgan UK Small Cap Growth &ome  (LSE:JUGI) Effective Interest Rate on Debt % Explanation

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


JPMorgan UK Small Cap Growth &ome Effective Interest Rate on Debt % Related Terms

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JPMorgan UK Small Cap Growth &ome (LSE:JUGI) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan UK Smaller Companies Investment Trust PLC is an investment trust company. Its investment objective is to achieve capital growth from UK listed smaller companies by out-performance of the company's benchmark index, the FTSE Small Cap Index and a rising share price over the longer term by taking carefully controlled risks. In order to achieve its objective, the company invests in a diversified portfolio of small companies, emphasizing capital rather than income growth. The company manages its risk relative to its benchmark index by limiting the active portfolio exposure to stocks and sectors. It mainly invests in smaller companies which tend to be more volatile than larger companies.

JPMorgan UK Small Cap Growth &ome (LSE:JUGI) Headlines

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