Octopus Future Generations VCT (LSE:OFG) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)

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What is Octopus Future Generations VCT 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. Octopus Future Generations VCT's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £0.00 Mil. Octopus Future Generations VCT's average total debt for the quarter that ended in Dec. 2023 was £0.00 Mil. Therefore, Octopus Future Generations VCT's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was N/A%.

Octopus Future Generations VCT Effective Interest Rate on Debt % Historical Data

The historical data trend for Octopus Future Generations VCT'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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Octopus Future Generations VCT Effective Interest Rate on Debt % Chart

Octopus Future Generations VCT Annual Data

Trend

Jun22

Jun23

Effective Interest Rate on Debt %

Octopus Future Generations VCT Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	-	-	-	-

Competitive Comparison of Octopus Future Generations VCT's Effective Interest Rate on Debt %

For the Asset Management subindustry, Octopus Future Generations VCT'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.

Octopus Future Generations VCT's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Octopus Future Generations VCT's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Octopus Future Generations VCT's Effective Interest Rate on Debt % falls into.

Octopus Future Generations VCT Effective Interest Rate on Debt % Calculation

Octopus Future Generations VCT's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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

Octopus Future Generations VCT's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

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

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

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Octopus Future Generations VCT (LSE:OFG) Effective Interest Rate on Debt % Explanation

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

Octopus Future Generations VCT Effective Interest Rate on Debt % Related Terms

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Octopus Future Generations VCT (LSE:OFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Octopus Future Generations VCT PLC (LSE:OFG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Holborn, 6th Floor, London, GBR, EC1N 2HT

Website

https://www.octopusinvestments.com

Octopus Future Generations VCT PLC is a manager of alternative investments and is engaged in investing in a diversified portfolio of UK smaller companies in order to generate capital growth over the long term as well as an attractive tax-free dividend stream.