GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Murray International Trust PLC (LSE:MYI) » Definitions » Effective Interest Rate on Debt %

Murray International Trust (LSE:MYI) Effective Interest Rate on Debt % : 2.58% (As of Dec. 2024)


View and export this data going back to 1945. Start your Free Trial

What is Murray International 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. Murray International Trust's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was £2.8 Mil. Murray International Trust's average total debt for the quarter that ended in Dec. 2024 was £109.9 Mil. Therefore, Murray International Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 2.58%.

Murray International Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for Murray International 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.

* Premium members only.

Murray International Trust Effective Interest Rate on Debt % Chart

Murray International Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 2.03 2.35 2.43 2.48

Murray International Trust Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 2.63 2.77 2.54 2.68 2.58

Competitive Comparison of Murray International Trust's Effective Interest Rate on Debt %

For the Asset Management subindustry, Murray International 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.

Murray International Trust's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

* The bar in red indicates where Murray International Trust's Effective Interest Rate on Debt % falls into.


;
;

Murray International Trust Effective Interest Rate on Debt % Calculation

Murray International Trust's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -3.093/( (139.901+109.916)/ 2 )
=-1  *  -3.093/124.9085
=2.48 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=139.901 + 0
=139.901

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=109.916 + 0
=109.916

Murray International Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -2.84/( (109.91+109.916)/ 2 )
=-1  *  -2.84/109.913
=2.58 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=109.91 + 0
=109.91

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=109.916 + 0
=109.916

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

Murray International Trust  (LSE:MYI) Effective Interest Rate on Debt % Explanation

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

Murray International Trust Effective Interest Rate on Debt % Related Terms

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

Murray International Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Murray International Trust PLC (LSE:MYI) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
LSE:FEV LSE:RAT LSE:PNL LSE:JAM LSE:TEM LSE:BHMG LSE:MRC LSE:WWH LSE:AJB LSE:SSON BLK BX KKR OSTO:INVE A TSX:BAM TSX:BN APO LSE:III AMP XSWX:PGHN
Traded in Other Exchanges
N/A
Address
1 George Street, Edinburgh, GBR, EH2 2LL
Website
https://www.murray-intl.co.uk/en-gb
Murray International Trust PLC is a UK-based investment trust. It invests in a portfolio that varies from international equities to fixed-income securities, Aberdeen solutions, and property. Investments are made only from a long-term perspective. It generates revenues from the fees it charges based on the levels of assets under management.