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Pollen Street Group (LSE:POLN) Effective Interest Rate on Debt % : 8.09% (As of Dec. 2023)


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What is Pollen Street 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. Pollen Street Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £18.44 Mil. Pollen Street Group's average total debt for the quarter that ended in Dec. 2023 was £227.94 Mil. Therefore, Pollen Street Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.09%.


Pollen Street Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Pollen Street 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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Pollen Street Group Effective Interest Rate on Debt % Chart

Pollen Street Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 3.11 3.63 4.07 4.82 8.01

Pollen Street Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.00 5.05 5.18 7.96 8.09

Competitive Comparison of Pollen Street Group's Effective Interest Rate on Debt %

For the Asset Management subindustry, Pollen Street 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.


Pollen Street Group's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

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



Pollen Street Group Effective Interest Rate on Debt % Calculation

Pollen Street Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -19.371/( (268.901+214.916)/ 2 )
=-1  *  -19.371/241.9085
=8.01 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=268.901 + 0
=268.901

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=214.916 + 0
=214.916

Pollen Street Group'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  *  -18.438/( (240.96+214.916)/ 2 )
=-1  *  -18.438/227.938
=8.09 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=240.96 + 0
=240.96

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=214.916 + 0
=214.916

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


Pollen Street Group  (LSE:POLN) Effective Interest Rate on Debt % Explanation

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


Pollen Street Group Effective Interest Rate on Debt % Related Terms

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Pollen Street Group (LSE:POLN) Business Description

Traded in Other Exchanges
Address
11–12 Hanover Square, London, GBR, W1S 1JJ
Pollen Street PLC is an independent, alternative investment management company dedicated to investing in the financial and business services sectors. The company has two segments: the Asset Manager segment and the Investment Company segment. The Asset Manager segment charges management and performance fees to the Investment Company segment for managing the segment's assets. The company has experience in investing in both credit and private equity strategies and has a strong and consistent track record of delivering top tier returns.

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