Foresight Group Holdings (LSE:FSG) Effective Interest Rate on Debt % : 7.26% (As of Mar. 2024)

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What is Foresight Group Holdings 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. Foresight Group Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was £0.6 Mil. Foresight Group Holdings's average total debt for the quarter that ended in Mar. 2024 was £8.4 Mil. Therefore, Foresight Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.26%.

Foresight Group Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Foresight Group Holdings'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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Foresight Group Holdings Effective Interest Rate on Debt % Chart

Foresight Group Holdings Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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4.99

4.64

4.29

6.45

5.60

Foresight Group Holdings Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial							4.00	7.16	5.68	4.84	7.26

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

For the Asset Management subindustry, Foresight Group Holdings'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.

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

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

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

Foresight Group Holdings Effective Interest Rate on Debt % Calculation

Foresight Group Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -0.564	/	( (12.382	+	7.771)	/ 2 )
=	-1 * -0.564	/	10.0765
=	5.60 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.174	+	5.208
=	12.382

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.753	+	3.018
=	7.771

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -0.61	/	( (9.035	+	7.771)	/ 2 )
=	-1 * -0.61	/	8.403
=	7.26 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.264	+	2.771
=	9.035

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.753	+	3.018
=	7.771

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

Foresight Group Holdings (LSE:FSG) Effective Interest Rate on Debt % Explanation

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

Foresight Group Holdings Effective Interest Rate on Debt % Related Terms

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Foresight Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Foresight Group Holdings Ltd (LSE:FSG) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

FSGl:UK

Address

32 London Bridge Street, The Shard, London, GBR, SE1 9SG

Website

https://www.foresight.group

Foresight Group Holdings Ltd is an asset management company. The company is an independent infrastructure and private equity investment manager. It invests in renewable energy businesses and social infrastructure projects.