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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. DWS Municipalome Trust's annualized positive value of Interest Expense for the quarter that ended in May. 2024 was $9.69 Mil. DWS Municipalome Trust's average total debt for the quarter that ended in May. 2024 was $15.51 Mil. Therefore, DWS Municipalome Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2024 was 62.46%.
The historical data trend for DWS Municipalome 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.
DWS Municipalome Trust Annual Data | ||||||||||||||||
Trend | Nov17 | Nov18 | Nov19 | Nov20 | Nov21 | Nov22 | Nov23 | |||||||||
Effective Interest Rate on Debt % | Get a 7-Day Free Trial | 10.98 | 8.16 | 6.17 | 9.97 | 31.05 |
DWS Municipalome Trust Semi-Annual Data | ||||||||||||||
Nov17 | May18 | Nov18 | May19 | Nov19 | May20 | Nov20 | May21 | Nov21 | May22 | Nov22 | May23 | Nov23 | May24 | |
Effective Interest Rate on Debt % | Get a 7-Day Free Trial | 6.91 | 13.04 | 19.60 | 32.04 | 62.46 |
For the Asset Management subindustry, DWS Municipalome 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.
For the Asset Management industry and Financial Services sector, DWS Municipalome Trust's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where DWS Municipalome Trust's Effective Interest Rate on Debt % falls into.
DWS Municipalome Trust's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2023 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (A: Nov. 2022 ) | + | Total Debt (A: Nov. 2023 )) | / count ) |
= | -1 * -10.67 | / | ( (52.7 | + | 16.023) | / 2 ) |
= | -1 * -10.67 | / | 34.3615 | |||
= | 31.05 % |
where
Total Debt (A: Nov. 2022 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 52.7 | + | 0 |
= | 52.7 |
Total Debt (A: Nov. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 16.023 | + | 0 |
= | 16.023 |
DWS Municipalome Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2024 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (Q: Nov. 2023 ) | + | Total Debt (Q: May. 2024 )) | / count ) |
= | -1 * -9.688 | / | ( (16.023 | + | 15) | / 2 ) |
= | -1 * -9.688 | / | 15.5115 | |||
= | 62.46 % |
where
Total Debt (Q: Nov. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 16.023 | + | 0 |
= | 16.023 |
Total Debt (Q: May. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 15 | + | 0 |
= | 15 |
* 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 (May. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.
DWS Municipalome Trust (NYSE:KTF) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Thank you for viewing the detailed overview of DWS Municipalome Trust's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Jpmorgan Chase Bank, National Association | 10 percent owner | 1111 POLARIS PARKWAY, COLUMBUS OH 43240 |
Mary S Daugherty | director | C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022 |
George Catrambone | other: Director of Investment Adviser | C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022 |
Richard J Herring | director | 345 PARK AVENUE, NEW YORK NY 10154 |
Chad Perry | director | C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408 |
Catherine Schrand | director | C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022 |
Christian Rijs | officer: AML Compliance Officer | C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022 |
Chad Farrington | other: Portfolio Manager | C/O ANJIE LAROCCA, DWS, 345 PARK AVENUE, NEW YORK NY 10154 |
Helen Delman | other: Section 16 | C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022 |
Jpmorgan Chase Bank, N.a. | 10 percent owner | 1111 POLARIS PARKWAY, COLUMBUS OH 43240 |
John W Ballantine | director | C/O OAK BROOK BANK, 1400 SIXTEENTH ST, OAK BROOK IL 60523 |
Keith R Fox | director | 85 MERRIMAC STREET, BOSTON MA 02114 |
Ciara L. Crawford | officer: Assistant Secretary | C/O ANJIE LAROCCA, DWS, 345 PARK AVENUE, NEW YORK NY 11752 |
Peter Aloisi | other: Portfolio Manager | C/O ANJIE LAROCCA, 345 PARK AVENUE, NEW YORK NY 10154 |
William N Searcy | director | 345 PARK AVENUE, NEW YORK NY 10154 |
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