Alpha Growth (LSE:ALGW) Effective Interest Rate on Debt % : 0.64% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Alpha Growth 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. Alpha Growth's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £0.03 Mil. Alpha Growth's average total debt for the quarter that ended in Dec. 2023 was £5.27 Mil. Therefore, Alpha Growth's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.64%.

Alpha Growth Effective Interest Rate on Debt % Historical Data

The historical data trend for Alpha Growth'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.

Alpha Growth Effective Interest Rate on Debt % Chart

Alpha Growth Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

0.38

0.24

Alpha Growth Semi-Annual Data
	Aug17	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						-	5.17	1.11	0.27	0.64

Competitive Comparison of Alpha Growth's Effective Interest Rate on Debt %

For the Asset Management subindustry, Alpha Growth'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.

Alpha Growth's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

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

Alpha Growth Effective Interest Rate on Debt % Calculation

Alpha Growth'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 * -0.021	/	( (7.303	+	10.345)	/ 2 )
=	-1 * -0.021	/	8.824
=	0.24 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.238	+	7.065
=	7.303

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.17	+	10.175
=	10.345

Alpha Growth's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.034	/	( (0.203	+	10.345)	/ 2 )
=	-1 * -0.034	/	5.274
=	0.64 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.203	+	0
=	0.203

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.17	+	10.175
=	10.345

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Alpha Growth (LSE:ALGW) Effective Interest Rate on Debt % Explanation

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

Alpha Growth Effective Interest Rate on Debt % Related Terms

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

Alpha Growth (LSE:ALGW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alpha Growth PLC (LSE:ALGW) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Berkeley Square, Mayfair, London, GBR, W1J 5BF

Website

https://www.algwplc.com

Alpha Growth PLC is a financial advisory company that provides advice and consultancy services to existing institutional and prospective holders of Senior Life Settlements (SLS). It offers advisory services, strategies, performance monitoring, and analytical services to existing and prospective holders of SLS Assets, mainly through acquisition strategies, performance monitoring, and analytical services. The company provides advisory services to the SPVs and the corporate finance adviser engaged for the bond issue and acquisition.

Alpha Growth (LSE:ALGW) Headlines

No Headlines