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Mavenome and Growth VCT 3 (LSE:MIG3) Effective Interest Rate on Debt % : 0.00% (As of Nov. 2023)


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What is Mavenome and Growth VCT 3 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. Mavenome and Growth VCT 3's annualized positive value of Interest Expense for the quarter that ended in Nov. 2023 was £0.00 Mil. Mavenome and Growth VCT 3's average total debt for the quarter that ended in Nov. 2023 was £0.00 Mil. Therefore, Mavenome and Growth VCT 3's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 was N/A%.


Mavenome and Growth VCT 3 Effective Interest Rate on Debt % Historical Data

The historical data trend for Mavenome and Growth VCT 3'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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Mavenome and Growth VCT 3 Effective Interest Rate on Debt % Chart

Mavenome and Growth VCT 3 Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Effective Interest Rate on Debt %
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Mavenome and Growth VCT 3 Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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Competitive Comparison of Mavenome and Growth VCT 3's Effective Interest Rate on Debt %

For the Asset Management subindustry, Mavenome and Growth VCT 3'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.


Mavenome and Growth VCT 3's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mavenome and Growth VCT 3's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Mavenome and Growth VCT 3's Effective Interest Rate on Debt % falls into.



Mavenome and Growth VCT 3 Effective Interest Rate on Debt % Calculation

Mavenome and Growth VCT 3's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2022 )+Total Debt  (A: Nov. 2023 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Mavenome and Growth VCT 3's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: May. 2023 )+Total Debt  (Q: Nov. 2023 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

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


Mavenome and Growth VCT 3  (LSE:MIG3) Effective Interest Rate on Debt % Explanation

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


Mavenome and Growth VCT 3 Effective Interest Rate on Debt % Related Terms

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Mavenome and Growth VCT 3 (LSE:MIG3) Business Description

Traded in Other Exchanges
N/A
Address
205 West George Street, Kintyre House, Glasgow, GBR, G2 2LW
Maven Income and Growth VCT 3 PLC is a part of the financial services sector. It operating as a venture capital trust, the company aims to achieve long-term capital growth and income for its shareholders. It follows a strategy of investing most of its funds in shares and securities of unquoted UK companies and AIM-quoted companies. The company funds portfolio includes Greater Manchester Loan Fund, Private Equity, and Property Fund.

Mavenome and Growth VCT 3 (LSE:MIG3) Headlines

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