GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Carlyle Secured Lending Inc (NAS:CGBD) » Definitions » Effective Interest Rate on Debt %

Carlyle Secured Lending (Carlyle Secured Lending) Effective Interest Rate on Debt % : 8.08% (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Carlyle Secured Lending 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. Carlyle Secured Lending's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $80.1 Mil. Carlyle Secured Lending's average total debt for the quarter that ended in Dec. 2023 was $991.2 Mil. Therefore, Carlyle Secured Lending's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.08%.


Carlyle Secured Lending Effective Interest Rate on Debt % Historical Data

The historical data trend for Carlyle Secured Lending'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.

Carlyle Secured Lending Effective Interest Rate on Debt % Chart

Carlyle Secured Lending Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.73 3.31 3.03 4.14 6.97

Carlyle Secured Lending 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 % 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 6.28 6.19 6.51 6.89 8.08

Competitive Comparison of Carlyle Secured Lending's Effective Interest Rate on Debt %

For the Asset Management subindustry, Carlyle Secured Lending'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.


Carlyle Secured Lending's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

* The bar in red indicates where Carlyle Secured Lending's Effective Interest Rate on Debt % falls into.



Carlyle Secured Lending Effective Interest Rate on Debt % Calculation

Carlyle Secured Lending'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  *  -71.711/( (1077.192+979.198)/ 2 )
=-1  *  -71.711/1028.195
=6.97 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1077.192 + 0
=1077.192

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=979.198 + 0
=979.198

Carlyle Secured Lending'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  *  -80.056/( (1003.296+979.198)/ 2 )
=-1  *  -80.056/991.247
=8.08 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1003.296 + 0
=1003.296

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=979.198 + 0
=979.198

* 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.


Carlyle Secured Lending  (NAS:CGBD) Effective Interest Rate on Debt % Explanation

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


Carlyle Secured Lending Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Carlyle Secured Lending's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Carlyle Secured Lending (Carlyle Secured Lending) Business Description

Traded in Other Exchanges
Address
One Vanderbilt Avenue, Suite 3400, New York, NY, USA, 10017
Carlyle Secured Lending Inc focuses on providing directly originated, financing solutions across the capital structure, with a focus on senior secured lending to middle-market companies primarily located in the United States. The company's investment objective is to generate current income and capital appreciation primarily through debt investments in U.S. middle-market companies.
Executives
Alexander Popov officer: VP and Head of Illiquid Credit ONE VANDERBILT AVE, SUITE 3400, NEW YORK NY 10017
Aren C. Leekong director C/O THE CARLYLE GROUP, ONE VANBERBILT AVENUE, SUITE 3400, NEW YORK NY 10017
Thomas M Hennigan officer: CFO C/O THE CARLYLE GROUP, 520 MADISON AVENUE, 40TH FLOOR, NEW YORK NY 10022
Nelson Joseph officer: PAO ONE VANDERBILT AVENUE, SUITE 3400, NEW YORK NY 10017
Michael Hadley officer: VP and Head of Underwriting ONE VANDERBILT AVE, SUITE 3400, NEW YORK NY 10017
Desiree Annunziato officer: Treasurer & PAO ONE VANDERBILT AVENUE, SUITE 3400, NEW YORK NY 10017
Mark David Jenkins director C/O THE CARLYLE GROUP, 520 MADISON AVE, 38TH FLOOR, NEW YORK NY 10022
John G. Nestor director C/O ESSEX RENTAL CORP., 1110 LAKE COOK ROAD, SUITE 220, BUFFALO GROVE IL 60089
Jonathan Pearl officer: VP & Head of Sponsor Coverage ONE VANDERBILT AVE, SUITE 3400, NEW YORK NY 10017
Taylor Boswell officer: Chief Investment Officer C/O THE CARLYLE GROUP, 520 MADISON AVE, 40TH FLOOR, NEW YORK NY 10022
Leslie E Bradford director C/O THE CARLYLE GROUP, 520 MADISON AVENUE, 40TH FLOOR, NEW YORK NY 10022
Linda Pace officer: President C/O THE CARLYLE GROUP, 520 MADISON AVENU, 40TH FLOOR, NEW YORK NY 10022
Wright William H Ii director C/O VIRTUS INVESTMENT PARTNERS, 100 PEARL STREET, HARTFORD CT 06103
Peter Gaunt officer: Treasurer & PAO C/O THE CARLYLE GROUP, 520 MADISON AVE, 41ST FLOOR, NEW YORK NY 10022
Michele Reing officer: Treasurer C/O THE CARLYLE GROUP, 520 MADISON AVE, FLOOR 38, NEW YORK NY 10022

Carlyle Secured Lending (Carlyle Secured Lending) Headlines

From GuruFocus

Tcg Bdc Inc (CGBD) CEO & President Linda Pace Bought $109,251 of Shares

By GuruFocus Research GuruFocus Editor 03-09-2021