GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Safeguard Scientifics Inc (OTCPK:SFES) » Definitions » Effective Interest Rate on Debt %

SFES (Safeguard Scientifics) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


View and export this data going back to 1971. Start your Free Trial

What is Safeguard Scientifics 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. Safeguard Scientifics's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.00 Mil. Safeguard Scientifics's average total debt for the quarter that ended in Dec. 2023 was $1.31 Mil. Therefore, Safeguard Scientifics's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Safeguard Scientifics Effective Interest Rate on Debt % Historical Data

The historical data trend for Safeguard Scientifics'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.

Safeguard Scientifics Effective Interest Rate on Debt % Chart

Safeguard Scientifics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.44 - - - -

Safeguard Scientifics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Safeguard Scientifics's Effective Interest Rate on Debt %

For the Asset Management subindustry, Safeguard Scientifics'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.


Safeguard Scientifics's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

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


;
;

Safeguard Scientifics Effective Interest Rate on Debt % Calculation

Safeguard Scientifics's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  0/( (1.678+1.249)/ 2 )
=-1  *  0/1.4635
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.249 + 0.429
=1.678

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.76 + 0.489
=1.249

Safeguard Scientifics's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  0/( (1.362+1.249)/ 2 )
=-1  *  0/1.3055
=0.00 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.888 + 0.474
=1.362

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.76 + 0.489
=1.249

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


Safeguard Scientifics  (OTCPK:SFES) Effective Interest Rate on Debt % Explanation

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


Safeguard Scientifics Effective Interest Rate on Debt % Related Terms

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


Safeguard Scientifics Business Description

Traded in Other Exchanges
N/A
Address
150 N. Radnor Chester Road, Suite F-200, Radnor, PA, USA, 19087
Safeguard Scientifics Inc is engaged in the development of early- and growth-stage businesses by providing capital and relevant expertise to fuel the growth of an attractive portfolio of technology-enabled healthcare, digital media, and other companies. It generally promotes the growth and development of these companies through Board representation and minority equity ownership. In addition to supporting the companies, it focuses on pursuing monetization opportunities to return value to shareholders.
Executives
Satterfield Thomas A Jr 10 percent owner 2609 CALDWELL MILL LN, BIRMINGHAM AL 35243
Beth Michelson director C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Ross D Demont director 51 PICKWICK ROAD, NEWTON MA 02465
Manko Joseph M. Jr. director 1717 ARCH STREET, 37TH FLOOR, PHILADELPHIA PA 19103
Bob Rosenthal director 20 NEWBURY ST, BOSTON MA 02116
Mark Herndon officer: SVP & Chief Financial Officer C/O SAFEGUARD SCIENTIFICS, INC., 170 N. RADNOR-CHESTER ROAD, SUITE 200, RADNOR PA 19087
Eric Salzman officer: Chief Restructuring Officer C/O 8X8 INC., 675 CREEKSIDE WAY, CAMPCALL CA 95008
Ira M Lubert director C/O PENN. REAL ESTATE INVESTMENT TRUST, 200 S. BROAD ST., THE BELLEVUE, PHILADEPHIA PA 19102
John Joseph Roberts director 1007 CANTERBURY LANE, VILLANOVA PA 19085
Brian J Sisko officer: Senior V.P. & General Counsel 435 DEVON PARK DRIVE, BUILDING 800, WAYNE PA 19087
Russell D Glass director 170 N. RADNOR-CHESTER ROAD, SUITE 200, RADNOR PA 19087
David A Kille officer: Senior VP & CFO C/O SAFEGUARD SCIENTIFICS, INC., 170 N. RADNOR-CHESTER ROAD, SUITE 200, RADNOR PA 19087
Maureen F Morrison director C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, STE 300, DULUTH GA 30097
Stephen T Zarrilli officer: Acting Sr VP & Acting CFO FIBERLINK COMMUNICATIONS CORP., 794 PENLLYN PIKE, BLUE BELL PA 19422
Andrew E Lietz director P O BOX 738, RYE NH 03870

Safeguard Scientifics Headlines

From GuruFocus

Q2 2019 Safeguard Scientifics Inc Earnings Call Transcript

By GuruFocus Research 02-09-2024

Q2 2020 Safeguard Scientifics Inc Earnings Call Transcript

By GuruFocus Research 02-09-2024

Q2 2022 Safeguard Scientifics Inc Earnings Call Transcript

By GuruFocus Research 02-09-2024

Q2 2021 Safeguard Scientifics Inc Earnings Call Transcript

By GuruFocus Research 02-09-2024

Q1 2021 Safeguard Scientifics Inc Earnings Call Transcript

By GuruFocus Research 02-09-2024

Q3 2023 Safeguard Scientifics Inc Earnings Call Transcript

By GuruFocus Research 02-09-2024

Q1 2020 Safeguard Scientifics Inc Earnings Call Transcript

By GuruFocus Research 02-09-2024

Q1 2019 Safeguard Scientifics Inc Earnings Call Transcript

By GuruFocus Research 02-09-2024

Q4 2018 Safeguard Scientifics Inc Earnings Call Transcript

By GuruFocus Research 02-09-2024