Geiger Counter (LSE:GCS) Effective Interest Rate on Debt % : 10.52% (As of Sep. 2023)

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What is Geiger Counter 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. Geiger Counter's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was £1.16 Mil. Geiger Counter's average total debt for the quarter that ended in Sep. 2023 was £11.07 Mil. Therefore, Geiger Counter's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 10.52%.

Geiger Counter Effective Interest Rate on Debt % Historical Data

The historical data trend for Geiger Counter'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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Geiger Counter Effective Interest Rate on Debt % Chart

Geiger Counter Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

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2.95

2.64

0.99

2.16

5.61

Geiger Counter Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial										2.26	-	4.29	-	10.52

Competitive Comparison of Geiger Counter's Effective Interest Rate on Debt %

For the Asset Management subindustry, Geiger Counter'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.

Geiger Counter's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

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

Geiger Counter Effective Interest Rate on Debt % Calculation

Geiger Counter's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2022 )	+	Total Debt (A: Sep. 2023 ))	/ count )
=	-1 * -0.582	/	( (9.963	+	10.78)	/ 2 )
=	-1 * -0.582	/	10.3715
=	5.61 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.963	+	0
=	9.963

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.78	+	0
=	10.78

Geiger Counter's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -1.164	/	( (11.359	+	10.78)	/ 2 )
=	-1 * -1.164	/	11.0695
=	10.52 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.359	+	0
=	11.359

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.78	+	0
=	10.78

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

Geiger Counter (LSE:GCS) Effective Interest Rate on Debt % Explanation

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

Geiger Counter Effective Interest Rate on Debt % Related Terms

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Geiger Counter (LSE:GCS) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Geiger Counter Ltd (LSE:GCS) » Definitions » Effective Interest Rate on Debt %

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GCL:UK

Address

31 Pier Road, Ordnance House, Saint Helier, JEY, JE4 8PW

Website

https://www.ncim.co.uk

Geiger Counter Ltd is a closed-end investment company. Its objective is to deliver attractive returns to shareholders principally in the form of capital growth.

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