IPZYF (IP Group) Effective Interest Rate on Debt % : 4.55% (As of Jun. 2024)

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What is IP 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. IP Group's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $8.91 Mil. IP Group's average total debt for the quarter that ended in Jun. 2024 was $195.68 Mil. Therefore, IP Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 4.55%.

IP Group Effective Interest Rate on Debt % Historical Data

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

IP Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.17

15.98

21.84

14.87

4.40

IP Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															19.33	15.93	4.21	3.69	4.55

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

For the Asset Management subindustry, IP 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.

IP Group's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

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

IP Group Effective Interest Rate on Debt % Calculation

IP Group'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 * -7.089	/	( (123.995	+	197.975)	/ 2 )
=	-1 * -7.089	/	160.985
=	4.40 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	123.995	+	0
=	123.995

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	197.975	+	0
=	197.975

IP Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -8.906	/	( (197.975	+	193.384)	/ 2 )
=	-1 * -8.906	/	195.6795
=	4.55 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	197.975	+	0
=	197.975

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	193.384	+	0
=	193.384

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

IP Group (OTCPK:IPZYF) Effective Interest Rate on Debt % Explanation

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

IP Group Effective Interest Rate on Debt % Related Terms

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IP Group Business Description

Industry

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Traded in Other Exchanges

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Address

3 Pancras Square, 2nd Floor, Kings Cross, London, GBR, N1C 4AG

Website

https://www.ipgroupplc.com

IP Group PLC is an early-stage science investor supporting businesses in deeptech, life sciences, and cleantech. It helps develop intellectual property-based companies through partnerships with research universities. The group provides its portfolio companies with financial capital from outside sources or its own resources. IP Group also provides companies with guidance and mentorship. The group operates in the following segments; Venture Capital investing in Healthier future thematic area, Venture Capital investing in Tech-enriched future thematic area, Venture Capital investing in Regenerative future thematic area, Venture Capital investing in others, and the management of third-party funds and the provision of corporate finance advice.