abrdn Asia Focus (LSE:AAS) Effective Interest Rate on Debt % : 3.01% (As of Jan. 2024)

View and export this data going back to 1995. Start your Free Trial

What is abrdn Asia Focus 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. abrdn Asia Focus's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was £1.99 Mil. abrdn Asia Focus's average total debt for the quarter that ended in Jan. 2024 was £66.13 Mil. Therefore, abrdn Asia Focus's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 3.01%.

abrdn Asia Focus Effective Interest Rate on Debt % Historical Data

The historical data trend for abrdn Asia Focus'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.

* Premium members only.

abrdn Asia Focus Effective Interest Rate on Debt % Chart

abrdn Asia Focus Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

1.83

1.92

2.83

2.89

abrdn Asia Focus Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.07	2.72	3.06	2.73	3.01

Competitive Comparison of abrdn Asia Focus's Effective Interest Rate on Debt %

For the Asset Management subindustry, abrdn Asia Focus'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.

abrdn Asia Focus's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

* The bar in red indicates where abrdn Asia Focus's Effective Interest Rate on Debt % falls into.

abrdn Asia Focus Effective Interest Rate on Debt % Calculation

abrdn Asia Focus's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2022 )	+	Total Debt (A: Jul. 2023 ))	/ count )
=	-1 * -1.909	/	( (65.832	+	66.073)	/ 2 )
=	-1 * -1.909	/	65.9525
=	2.89 %

where

	Total Debt (A: Jul. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	65.832	+	0
=	65.832

	Total Debt (A: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	66.073	+	0
=	66.073

abrdn Asia Focus's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jul. 2023 )	+	Total Debt (Q: Jan. 2024 ))	/ count )
=	-1 * -1.99	/	( (66.073	+	66.178)	/ 2 )
=	-1 * -1.99	/	66.1255
=	3.01 %

where

	Total Debt (Q: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	66.073	+	0
=	66.073

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	66.178	+	0
=	66.178

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

abrdn Asia Focus (LSE:AAS) Effective Interest Rate on Debt % Explanation

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

abrdn Asia Focus Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of abrdn Asia Focus's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

abrdn Asia Focus (LSE:AAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn Asia Focus PLC (LSE:AAS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

AASl:UK

Address

280 Bishopsgate, London, GBR, EC2M 4AG

Website

https://www.asia-focus.co.uk

abrdn Asia Focus PLC, formerly Aberdeen Standard Asia Focus PLC is a United Kingdom-based investment trust. Its investment objective is to maximize total return to shareholders over the long term from a portfolio of smaller quoted companies in the economies of Asia and Australasia, excluding Japan. The company uses gearing selectively to leverage its portfolio in order to enhance returns. It aims to achieve a spread of investments, with no single investment representing more than 15% of assets at the time of investment. The company seeks to diversify its portfolio across a range of industries and economies within the investment region.

abrdn Asia Focus (LSE:AAS) Headlines

No Headlines