AMIGF (Admiral Group) Effective Interest Rate on Debt % : 1.94% (As of Dec. 2024)

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What is Admiral Group 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. Admiral Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $33 Mil. Admiral Group's average total debt for the quarter that ended in Dec. 2024 was $1,693 Mil. Therefore, Admiral Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 1.94%.

Admiral Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Admiral Group'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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Admiral Group Effective Interest Rate on Debt % Chart

Admiral Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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2.27

1.97

1.44

1.86

2.08

Admiral Group 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															1.35	1.27	2.15	2.27	1.94

Competitive Comparison of Admiral Group's Effective Interest Rate on Debt %

For the Insurance - Property & Casualty subindustry, Admiral Group'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.

Admiral Group's Effective Interest Rate on Debt % Distribution in the Insurance Industry

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

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

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Admiral Group Effective Interest Rate on Debt % Calculation

Admiral Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -34.26	/	( (1532.911	+	1761.82)	/ 2 )
=	-1 * -34.26	/	1647.3655
=	2.08 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1532.911	+	0
=	1532.911

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1761.82	+	0
=	1761.82

Admiral Group'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 * -32.87	/	( (1624.682	+	1761.82)	/ 2 )
=	-1 * -32.87	/	1693.251
=	1.94 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1624.682	+	0
=	1624.682

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1761.82	+	0
=	1761.82

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.

Admiral Group (OTCPK:AMIGF) Effective Interest Rate on Debt % Explanation

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

Admiral Group Effective Interest Rate on Debt % Related Terms

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Admiral Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Admiral Group PLC (OTCPK:AMIGF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

AMIGY:USA ADMl:UK ADM:UK FLN:Germany

Address

David Street, Ty Admiral, Cardiff, GBR, CF10 2EH

Website

https://www.admiralgroup.co.uk

Admiral is a personal lines insurer that operates predominantly in the United Kingdom. The business is primarily a motor insurer with UK and European auto insurance accounting for the majority of gross premium. Admiral also has a nascent but growing UK home insurance offering. The company was established in 1993 to sell motor insurance to nonstandard risks. These nonstandard policyholders included younger drivers, female drivers, drivers wanting to pay by credit card, and drivers based in London. Over the years the company has expanded its perimeter of nonstandard risks.