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Baillie Gifford China Growth Trust (CHIX:BGCGL) Effective Interest Rate on Debt % : 23.95% (As of Jul. 2024)


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What is Baillie Gifford China Growth 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. Baillie Gifford China Growth Trust's annualized positive value of Interest Expense for the quarter that ended in Jul. 2024 was £1.41 Mil. Baillie Gifford China Growth Trust's average total debt for the quarter that ended in Jul. 2024 was £5.90 Mil. Therefore, Baillie Gifford China Growth Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2024 was 23.95%.


Baillie Gifford China Growth Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for Baillie Gifford China Growth 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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Baillie Gifford China Growth Trust Effective Interest Rate on Debt % Chart

Baillie Gifford China Growth Trust Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.29 7.93 9.08

Baillie Gifford China Growth Trust Quarterly Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 15.74 15.03 16.94 19.42 23.95

Competitive Comparison of Baillie Gifford China Growth Trust's Effective Interest Rate on Debt %

For the Asset Management subindustry, Baillie Gifford China Growth 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.


Baillie Gifford China Growth Trust's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Baillie Gifford China Growth Trust's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Baillie Gifford China Growth Trust's Effective Interest Rate on Debt % falls into.



Baillie Gifford China Growth Trust Effective Interest Rate on Debt % Calculation

Baillie Gifford China Growth Trust's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2023 )+Total Debt  (A: Jan. 2024 ))/ count )
=-1  *  -0.544/( (6.092+5.89)/ 2 )
=-1  *  -0.544/5.991
=9.08 %

where

Baillie Gifford China Growth Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jan. 2024 )+Total Debt  (Q: Jul. 2024 ))/ count )
=-1  *  -1.412/( (5.89+5.9)/ 2 )
=-1  *  -1.412/5.895
=23.95 %

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 four times the quarterly (Jul. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Baillie Gifford China Growth Trust  (CHIX:BGCGl) Effective Interest Rate on Debt % Explanation

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


Baillie Gifford China Growth Trust Effective Interest Rate on Debt % Related Terms

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Baillie Gifford China Growth Trust Business Description

Traded in Other Exchanges
Address
1 Greenside Row, Calton Square, Edinburgh, GBR, EH1 3AN
Baillie Gifford China Growth Trust PLC is an asset management firm that has assets under management and advice. It aims to produce long-term capital growth by investing predominantly in shares of, or depositary receipts representing the shares of, Chinese companies. It has a single segment of business, being an investment business.

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