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CT UK Capital &ome Investment Trust (LSE:CTUK) Effective Interest Rate on Debt % : 5.99% (As of Sep. 2024)


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What is CT UK Capital &ome Investment Trust 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. CT UK Capital &ome Investment Trust's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was £1.62 Mil. CT UK Capital &ome Investment Trust's average total debt for the quarter that ended in Sep. 2024 was £27.00 Mil. Therefore, CT UK Capital &ome Investment Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 5.99%.

CT UK Capital &ome Investment Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for CT UK Capital &ome Investment 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.

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CT UK Capital &ome Investment Trust Effective Interest Rate on Debt % Chart

CT UK Capital &ome Investment Trust Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 1.01 1.57 5.40 6.05

CT UK Capital &ome Investment Trust Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.88 3.91 5.97 6.24 5.99

Competitive Comparison of CT UK Capital &ome Investment Trust's Effective Interest Rate on Debt %

For the Asset Management subindustry, CT UK Capital &ome Investment 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.

CT UK Capital &ome Investment Trust's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CT UK Capital &ome Investment Trust's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where CT UK Capital &ome Investment Trust's Effective Interest Rate on Debt % falls into.


CT UK Capital &ome Investment Trust Effective Interest Rate on Debt % Calculation

CT UK Capital &ome Investment Trust's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2023 )+Total Debt  (A: Sep. 2024 ))/ count )
=-1  *  -1.604/( (25+28)/ 2 )
=-1  *  -1.604/26.5
=6.05 %

where

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=25 + 0
=25

Total Debt  (A: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=28 + 0
=28

CT UK Capital &ome Investment Trust'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: Mar. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -1.616/( (26+28)/ 2 )
=-1  *  -1.616/27
=5.99 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26 + 0
=26

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=28 + 0
=28

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

CT UK Capital &ome Investment Trust  (LSE:CTUK) Effective Interest Rate on Debt % Explanation

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

CT UK Capital &ome Investment Trust Effective Interest Rate on Debt % Related Terms

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CT UK Capital &ome Investment Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CT UK Capital & Income Investment Trust PLC (LSE:CTUK) » Definitions » Effective Interest Rate on Debt %
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Traded in Other Exchanges
CTUKl:UK
Address
78 Cannon Street, Cannon Place, London, GBR, EC4N 6AG
Website
http://www.ctukcapitalandincome.com
CT UK Capital & Income Investment Trust PLC is a investment company. The Company's activities comprise a single operating segment, which is investing in the UK, USA and Europe in equities to secure long term growth in income and capital The company's investment objective is to secure long-term capital and income growth from a portfolio consisting mainly of FTSE All-Share companies. It invests in companies that have long-term prospects with attractive returns on invested capital. The majority of the company's holdings are in large and mid-cap companies, with a smaller percentage invested in smaller and overseas companies.

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