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. Western Asset Global High Fd's annualized positive value of Interest Expense for the quarter that ended in Nov. 2021 was $0.79 Mil. Western Asset Global High Fd's average total debt for the quarter that ended in Nov. 2021 was $84.50 Mil. Therefore, Western Asset Global High Fd's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2021 was 0.94%.
Western Asset Global High Fd Effective Interest Rate on Debt % Historical Data
The historical data trend for Western Asset Global High Fd'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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Western Asset Global High Fd Annual Data
Trend
May18
May19
May20
May21
Effective Interest Rate on Debt %
2.40
3.25
3.09
0.88
Western Asset Global High Fd Semi-Annual Data
Nov17
May18
Nov18
May19
Nov19
May20
Nov20
May21
Nov21
Effective Interest Rate on Debt %
3.25
2.72
1.04
1.02
0.94
Competitive Comparison
For the Asset Management subindustry, Western Asset Global High Fd'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.
Western Asset Global High Fd Effective Interest Rate on Debt % Distribution
For the Asset Management industry and Financial Services sector, Western Asset Global High Fd's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Western Asset Global High Fd's Effective Interest Rate on Debt % falls into.
Western Asset Global High Fd Effective Interest Rate on Debt % Calculation
Western Asset Global High Fd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2021 is calculated as
* 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 (Nov. 2021) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Western Asset Global High Fd (NYSE:EHI) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Western Asset Global High Fd Effective Interest Rate on Debt % Related Terms
Thank you for viewing the detailed overview of Western Asset Global High Fd's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Western Asset Global High Inc Fd Inc is a non-diversified, closed-end management investment company. Its investment objective is high current income and total return by investing in a global portfolio of securities. The fund invests in various sectors such as Consumer Discretionary, Energy, Healthcare, Industrials, materials, and others.
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