SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'EffectiveInterestRate' AGO (Assured Guaranty) Effective Interest Rate on Debt %
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Assured Guaranty Ltd (NYSE:AGO) » Definitions » Effective Interest Rate on Debt %

Assured Guaranty (Assured Guaranty) Effective Interest Rate on Debt %

: 5.43% (As of Dec. 2023)
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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. Assured Guaranty's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $92 Mil. Assured Guaranty's average total debt for the quarter that ended in Dec. 2023 was $1,694 Mil. Therefore, Assured Guaranty's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.43%.

Assured Guaranty Effective Interest Rate on Debt % Historical Data

The historical data trend for Assured Guaranty'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.

Assured Guaranty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.21 6.91 6.01 4.84 5.34

Assured Guaranty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % 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 Premium Member Only Premium Member Only Premium Member Only 5.01 5.01 5.25 5.70 5.43
Competitive Comparison

For the Insurance - Specialty subindustry, Assured Guaranty'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.

Assured Guaranty Effective Interest Rate on Debt % Distribution

For the Insurance industry and Financial Services sector, Assured Guaranty's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Assured Guaranty's Effective Interest Rate on Debt % falls into.


Assured Guaranty Effective Interest Rate on Debt % Calculation

Assured Guaranty'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  *  -90/( (1675+1694)/ 2 )
=-1  *  -90/1684.5
=5.34 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1675 + 0
=1675

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1694 + 0
=1694

Assured Guaranty'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -92/( (1693+1694)/ 2 )
=-1  *  -92/1693.5
=5.43 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1693 + 0
=1693

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1694 + 0
=1694

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

Assured Guaranty  (NYSE:AGO) Effective Interest Rate on Debt % Explanation

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

Assured Guaranty Effective Interest Rate on Debt % Related Terms

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Assured Guaranty (Assured Guaranty) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Assured Guaranty Ltd (NYSE:AGO) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
ACT RDN AXS MTG FAF ESNT RYAN NMIH TRUP EIG FNF SAU:8210 AIZ ASX:MPL LSE:BEZ ASX:NHF LSE:LRE JSE:SNT OSL:PROT CAS:WAA
Traded in Other Exchanges
DHU:Germany DHU:Germany
Address
30 Woodbourne Avenue, Hamilton, BMU, HM 08
Website
https://www.assuredguaranty.com
Assured Guaranty Ltd. provides credit protection products to the United States and international public finance and structured finance markets, and manages assets across collateralized loan obligations as well as opportunity funds and liquid strategy funds that build on its corporate credit, asset-based finance, municipal and healthcare experience. The company is operating in two segments Insurance segment and the Asset Management segment. The majority of the revenue earned by the company is from the Insurance segment.
Executives
G Lawrence Buhl director 30 WOODBOURNE AVE, C/O ASSURED GUARANTY LTD, HAMILTON BERMUDA D0 0000
Stephen Donnarumma officer: Chief Credit Officer 30 WOODOURNE AVENUE, HAMILTON D0 HM08
Dominic Frederico director, officer: Deputy Chairman/President/CEO ACE LTD, ACE BLDG 30 WOODBOURNE AVE HAMILTON BER
Robert Bailenson officer: Chief Accounting Officer ASSURED GUARANTY LTD., 30 WOODBOURNE AVENUE, HAMILTON D0 HM08
Jorge A. Gana officer: Chief Risk Officer 30 WOODBOURNE AVE, 5TH FLOOR, HAMILTON D0 D0 HM08
Howard Albert officer: Chief Risk Officer 31 WEST 52ND STREET, NEW YORK NY 10019
David A. Buzen officer: Head of Asset Management* 850 3RD AVENUE, NEW YORK NY 10022
Laura Bieling officer: Chief Accounting Officer* 30 WOODBOURNE AVE., 5TH FLOOR, HAMILTON D0 D0 HM08
Holly Horn officer: Chief Surveillance Officer 30 WOODBOURNE AVE, 5TH FLOOR, HAMILTON D0 D0 HM08
Brewer Russell B. Ii officer: Chief Surveillance Officer 31 WEST 52ND STREET, NEW YORK NY 10019
Shea Courtney C. director 1555 N. ASTOR STREET, APARTMENT 9W, CHICAGO IL 60610
Michelle Mccloskey director C/O ALLIANCEBERNSTEIN LP, 9TH FLOOR, NEW YORK NY 10105
Lorin Radtke director 30 WOODBOURNE AVE, 5TH FLOOR, HAMILTON D0 D0 HM08
Thomas W Jones director ALTRIA GROUP INC, 6601 WEST BROAD STREET, RICHMOND VA 23230
Andrew T Feldstein officer: Chief Investment Officer 280 PARK AVENUE, 5TH FLOOR EAST, NEW YORK NY 10017