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BlackRock Capital Allocation Trust (BlackRock Capital Allocation Trust) Effective Interest Rate on Debt % : 5,430.77% (As of Dec. 2023)


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What is BlackRock Capital Allocation Trust 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. BlackRock Capital Allocation Trust's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $1.4 Mil. BlackRock Capital Allocation Trust's average total debt for the quarter that ended in Dec. 2023 was $0.0 Mil. Therefore, BlackRock Capital Allocation Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5,430.77%.


BlackRock Capital Allocation Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for BlackRock Capital Allocation Trust'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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BlackRock Capital Allocation Trust Effective Interest Rate on Debt % Chart

BlackRock Capital Allocation Trust Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- 0.31 0.84 77.45

BlackRock Capital Allocation Trust Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial 0.71 0.71 5.73 150.96 5,430.77

Competitive Comparison of BlackRock Capital Allocation Trust's Effective Interest Rate on Debt %

For the Asset Management subindustry, BlackRock Capital Allocation Trust'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.


BlackRock Capital Allocation Trust's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

* The bar in red indicates where BlackRock Capital Allocation Trust's Effective Interest Rate on Debt % falls into.



BlackRock Capital Allocation Trust Effective Interest Rate on Debt % Calculation

BlackRock Capital Allocation Trust'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  *  -1.398/( (1.805+0)/ 1 )
=-1  *  -1.398/1.805
=77.45 %

where

BlackRock Capital Allocation Trust'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: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -1.412/( (0.026+0)/ 1 )
=-1  *  -1.412/0.026
=5,430.77 %

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


BlackRock Capital Allocation Trust  (NYSE:BCAT) Effective Interest Rate on Debt % Explanation

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


BlackRock Capital Allocation Trust Effective Interest Rate on Debt % Related Terms

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BlackRock Capital Allocation Trust (BlackRock Capital Allocation Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Capital Allocation Trust is a non-diversified, closed-end management investment company. The investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Richard M Rieder other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Russell Jared Koesterich other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Blackrock (singapore) Ltd. other: Investment Adviser 40 EAST 52ND STREET, NEW YORK NY 10022
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020