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Hamilton Lane (Hamilton Lane) Effective Interest Rate on Debt % : 3.96% (As of Dec. 2023)


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What is Hamilton Lane 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. Hamilton Lane's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $11.0 Mil. Hamilton Lane's average total debt for the quarter that ended in Dec. 2023 was $277.7 Mil. Therefore, Hamilton Lane's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.96%.


Hamilton Lane Effective Interest Rate on Debt % Historical Data

The historical data trend for Hamilton Lane'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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Hamilton Lane Effective Interest Rate on Debt % Chart

Hamilton Lane Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.92 3.62 1.55 1.89 3.16

Hamilton Lane 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 3.50 3.63 4.06 3.94 3.96

Competitive Comparison of Hamilton Lane's Effective Interest Rate on Debt %

For the Asset Management subindustry, Hamilton Lane'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.


Hamilton Lane's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

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



Hamilton Lane Effective Interest Rate on Debt % Calculation

Hamilton Lane's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -8.617/( (253.57+292.35)/ 2 )
=-1  *  -8.617/272.96
=3.16 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=253.57 + 0
=253.57

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=292.35 + 0
=292.35

Hamilton Lane'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  *  -10.992/( (278.281+277.125)/ 2 )
=-1  *  -10.992/277.703
=3.96 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=278.281 + 0
=278.281

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=277.125 + 0
=277.125

* 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.


Hamilton Lane  (NAS:HLNE) Effective Interest Rate on Debt % Explanation

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


Hamilton Lane Effective Interest Rate on Debt % Related Terms

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Hamilton Lane (Hamilton Lane) Business Description

Traded in Other Exchanges
Address
110 Washington Street, Suite 1300, Conshohocken, PA, USA, 19428
Hamilton Lane Inc is a private market investment solutions provider in the United States. It works with its clients to conceive, structure, build out, manage and monitor portfolios of private markets funds and direct investments, and it helps them access a set of such investment opportunities around the world. The company offers a range of investment solutions across a range of private markets, including private equity, private credit, real estate, infrastructure, natural resources, growth equity and venture capital.
Executives
Drew Thomas Carl officer: Principal Accounting Officer 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428-2053
Atul Varma officer: Chief Financial Officer 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
Jeffrey Brian Armbrister officer: Chief Financial Officer 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428-2053
Oakville Number 2 Trust 10 percent owner 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
Reynoldo Vann Graves director 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
Juan Delgado-moreira 10 percent owner, officer: Managing Director 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
Hartley R. Rogers director, 10 percent owner, officer: Chairman 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
Leslie F Varon director 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
Tara Blackburn 10 percent owner ONE PRESIDENTIAL BOULEVARD, 4TH FLOOR, BALA CNYWYD PA 19004
Michael John Kelly 10 percent owner ONE PRESIDENTIAL BOULEVARD, 4TH FLOOR, BALA CYNWYD PA 19004
Edward B. Whittemore 10 percent owner 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
Laurence Whittemore 10 percent owner ONE PRESIDENTIAL BOULEVARD, 4TH FLOOR, BALA CYNWYD PA 19004
Initial Trust Under The Frederick B. Whittemore 2008 Children's Trust Agreement Dated 11/25/2008 10 percent owner ONE PRESIDENTIAL BOULEVARD, 4TH FLOOR, BALA CYNWYD PA 19004
2008 Sexton Des. Trust Fbo Laura Sexton 10 percent owner 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428
2008 Sexton Des. Trust Fbo Matthew Sexton 10 percent owner 110 WASHINGTON STREET, SUITE 1300, CONSHOHOCKEN PA 19428