SAR has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
SAR has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Saratoga Investment's annualized positive value of Interest Expense for the quarter that ended in Nov. 2023 was $50.09 Mil. Saratoga Investment's average total debt for the quarter that ended in Nov. 2023 was $785.17 Mil. Therefore, Saratoga Investment's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 was 6.38%.
The historical data trend for Saratoga Investment'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.
Saratoga Investment Annual Data | |||||||||||||||||||||
Trend | Feb14 | Feb15 | Feb16 | Feb17 | Feb18 | Feb19 | Feb20 | Feb21 | Feb22 | Feb23 | |||||||||||
Effective Interest Rate on Debt % | Get a 7-Day Free Trial | 5.43 | 6.09 | 5.67 | 5.14 | 5.54 |
Saratoga Investment Quarterly Data | ||||||||||||||||||||
Feb19 | May19 | Aug19 | Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | |
Effective Interest Rate on Debt % | Get a 7-Day Free Trial | 5.18 | 5.88 | 6.23 | 6.34 | 6.38 |
For the Asset Management subindustry, Saratoga Investment'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.
For the Asset Management industry and Financial Services sector, Saratoga Investment's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Saratoga Investment's Effective Interest Rate on Debt % falls into.
Saratoga Investment's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2023 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (A: Feb. 2022 ) | + | Total Debt (A: Feb. 2023 )) | / count ) |
= | -1 * -33.498 | / | ( (498.878 | + | 711.126) | / 2 ) |
= | -1 * -33.498 | / | 605.002 | |||
= | 5.54 % |
where
Total Debt (A: Feb. 2022 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 498.878 | + | 0 |
= | 498.878 |
Total Debt (A: Feb. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 711.126 | + | 0 |
= | 711.126 |
Saratoga Investment'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: Aug. 2023 ) | + | Total Debt (Q: Nov. 2023 )) | / count ) |
= | -1 * -50.088 | / | ( (776.7 | + | 793.631) | / 2 ) |
= | -1 * -50.088 | / | 785.1655 | |||
= | 6.38 % |
where
Total Debt (Q: Aug. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 776.7 | + | 0 |
= | 776.7 |
Total Debt (Q: Nov. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 793.631 | + | 0 |
= | 793.631 |
* 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 four times the quarterly (Nov. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Saratoga Investment (NYSE:SAR) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Thank you for viewing the detailed overview of Saratoga Investment's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Christian L Oberbeck | director, 10 percent owner, officer: CEO and Director | C/O KOPPERS INC, 436 SEVENTH AVENUE, SUITE 1550, PITTSBURG PA 15219 |
Steven M Looney | director | 132 WAIKU ROAD, RIDGEWOOD NJ 07450-2322 |
Henri J Steenkamp | officer: Chief Financial Officer | SARATOGA INVESTMENT ADVISORS, LLC, 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022 |
Williams George Cabell Iii | director | 5422 ALBIA ROAD, BETHESDA MD 20816 |
Elizabeth Oberbeck | 10 percent owner | C/O SARATOGA INVESTMENT CORP., 535 MADISON AVENUE, NEW YORK NY 10022 |
Michael J Grisius | director, officer: President and Director | 1919 PENNSYLVANIA AVE NW, 3RD FL, WASHINGTON DC 20006 |
Whitman Iii Charles S | director | C/O GSC INVESTMENT CORP., 12 EAST 49TH STREET, SUITE 3200, NEW YORK NY 10017 |
Phillips Charles G Iv | other: Member of 10% owner group. | C/O SARATOGA INVESTMENT ADVISORS, LLC, 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022 |
Richard A Petrocelli | director, officer: CFO, Secretary and CCO | 1350 6TH AVENUE, 18TH FLOOR, NEW YORK NY 10019 |
John P. Birkelund | other: Member of 10% owner group | ETHAN ALLEN DRIVE, DANBURY CT 06811 |
John F. Macmurray | other: Member of 10% owner group | C/O SARATOGA INVESTMENT ADVISORS, LLC, 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022 |
Durkin Charles P Jr | other: Member of 10% owner group | |
Clo Partners Llc | other: Member of 10% owner group | 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022 |
Saratoga Investment Advisors, Llc | other: Member of 10% owner group | 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022 |
Ivo Turkedjiev | officer: VP Corporate Credit Group | C/O GSC INVESTMENT CORP, 888 SEVENTH AVE, NEW YORK NY 10019 |
From GuruFocus
By Value_Insider Value_Insider • 10-19-2022
By sperokesalga sperokesalga • 04-11-2023
By Marketwired • 08-14-2023
By Value_Insider Value_Insider • 12-05-2022
By PurpleRose PurpleRose • 08-16-2022
By sperokesalga sperokesalga • 04-18-2023
By GuruFocusNews GuruFocusNews • 07-09-2022
By Value_Insider Value_Insider • 12-05-2022
By Marketwired • 10-09-2023
By PurpleRose PurpleRose • 07-15-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.