GSBD (Goldmanchs BDC) Effective Interest Rate on Debt % : 6.13% (As of Sep. 2024)

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What is Goldmanchs BDC 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. Goldmanchs BDC's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $117.19 Mil. Goldmanchs BDC's average total debt for the quarter that ended in Sep. 2024 was $1,912.08 Mil. Therefore, Goldmanchs BDC's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 6.13%.

Goldmanchs BDC Effective Interest Rate on Debt % Historical Data

The historical data trend for Goldmanchs BDC'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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Goldmanchs BDC Effective Interest Rate on Debt % Chart

Goldmanchs BDC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.08

3.33

3.38

4.10

5.80

Goldmanchs BDC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.88	6.07	6.04	6.17	6.13

Competitive Comparison of Goldmanchs BDC's Effective Interest Rate on Debt %

For the Asset Management subindustry, Goldmanchs BDC'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.

Goldmanchs BDC's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

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

Goldmanchs BDC Effective Interest Rate on Debt % Calculation

Goldmanchs BDC'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 * -111.302	/	( (2012.66	+	1826.794)	/ 2 )
=	-1 * -111.302	/	1919.727
=	5.80 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2012.66	+	0
=	2012.66

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1826.794	+	0
=	1826.794

Goldmanchs BDC's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -117.192	/	( (1943.587	+	1880.58)	/ 2 )
=	-1 * -117.192	/	1912.0835
=	6.13 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1943.587	+	0
=	1943.587

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1880.58	+	0
=	1880.58

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

Goldmanchs BDC (NYSE:GSBD) Effective Interest Rate on Debt % Explanation

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

Goldmanchs BDC Effective Interest Rate on Debt % Related Terms

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Goldmanchs BDC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Goldman Sachs BDC Inc (NYSE:GSBD) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

GSB:Germany

Address

200 West Street, New York, NY, USA, 10282

Website

https://www.goldmansachsbdc.com

Goldman Sachs BDC Inc is a non-diversified, closed-end management investment company that elected to be regulated as a business development company focused on lending to middle-market companies. The investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including the first lien, unitranche and second lien debt, and unsecured debt. It invests primarily in U.S. middle-market companies such as banks and the public debt markets. The company's origination strategy focuses on leading the negotiation and structuring of the loans or securities in which it invests and holding the investments in its portfolio to maturity. It generates majority revenue in the form of interest income and dividend income.

Executives

David Miller	officer: See Remarks	C/O GOLDMAN SACHS MML CORP., 200 WEST STREET, NEW YORK NY 10282
Jennifer Yang	officer: Vice President	C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282-2198
Greg Watts	officer: Vice President	C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282-2198
Justin Betzen	officer: Vice President	C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282-2198
Tucker Greene	officer: Vice President	C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282-2198
Gabriella Skirnick	officer: See Remarks	C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282
Alex Chi	officer: See Remarks	C/O GOLDMAN SACHS MML CORP., 200 WEST STREET, NEW YORK NY 10282
Susan B Mcgee	director	7900 CALLAGHAN ROAD, SAN ANTONIO TX 78229
Ann B Lane	director	C/O DEALERTRACK HOLDINGS, INC., 1111 MARCUS AVENUE, SUITE M04, NEW YORK NY 11042
Jonathan Lamm,	officer: See Remarks	200 WEST STREET, NEW YORK NY 10282
Joseph F Dimaria	officer: Interim CFO & Interim Treas	C/O BANK OF AMERICA INVESTMETN ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Carlos E Evans	director	3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27616
Richard A Mark	director	2052 STONEBRIDGE CT, WHEATON IL 60189
Timothy J Leach	director	C/O UNITED STATES TRUST COMPANY, 114 WEST 47TH STREET, NEW YORK NY 10036-1532
Jordan Walter	officer: Executive Vice President	200 WEST STREET, NEW YORK NY 10282