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Clime Investment Management (ASX:CIW) Effective Interest Rate on Debt % : 28.39% (As of Dec. 2024)


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What is Clime Investment Management 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. Clime Investment Management's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was A$0.11 Mil. Clime Investment Management's average total debt for the quarter that ended in Dec. 2024 was A$0.40 Mil. Therefore, Clime Investment Management's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 28.39%.


Clime Investment Management Effective Interest Rate on Debt % Historical Data

The historical data trend for Clime Investment Management'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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Clime Investment Management Effective Interest Rate on Debt % Chart

Clime Investment Management Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.07 8.09 5.35 14.39 19.18

Clime Investment Management Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 10.97 18.43 22.63 14.37 28.39

Competitive Comparison of Clime Investment Management's Effective Interest Rate on Debt %

For the Asset Management subindustry, Clime Investment Management'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.


Clime Investment Management's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

* The bar in red indicates where Clime Investment Management's Effective Interest Rate on Debt % falls into.


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Clime Investment Management Effective Interest Rate on Debt % Calculation

Clime Investment Management's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2023 )+Total Debt  (A: Jun. 2024 ))/ count )
=-1  *  -0.148/( (1.01+0.533)/ 2 )
=-1  *  -0.148/0.7715
=19.18 %

where

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.533 + 0.477
=1.01

Clime Investment Management's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -0.114/( (0.533+0.27)/ 2 )
=-1  *  -0.114/0.4015
=28.39 %

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


Clime Investment Management  (ASX:CIW) Effective Interest Rate on Debt % Explanation

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


Clime Investment Management Effective Interest Rate on Debt % Related Terms

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Clime Investment Management Business Description

Traded in Other Exchanges
N/A
Address
20 Hunter Street, Level 12, Sydney, NSW, AUS, 2000
Clime Investment Management Ltd is engaged in providing integrated wealth solutions to clients by operating under the Australian Securities and Investments Commission (ASIC) granted Australian Financial Services Licenses (AFSLs). The Group engages in various activities such as; providing private wealth advisory services; providing licensee services to financial advisers; offering online equity research and valuation tools to investors; and acting as investment manager for various funds. The company's reportable segments are; Investment Management; Licensee Services; and Corporate Centre. A majority of its revenue is generated from the Investment Management segment. Geographically, the company operates only in Australia.

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