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SSSS (SuRo Capital) Effective Interest Rate on Debt % : 6.89% (As of Dec. 2024)


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What is SuRo Capital 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. SuRo Capital's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $5.05 Mil. SuRo Capital's average total debt for the quarter that ended in Dec. 2024 was $73.28 Mil. Therefore, SuRo Capital's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 6.89%.


SuRo Capital Effective Interest Rate on Debt % Historical Data

The historical data trend for SuRo Capital'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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SuRo Capital Effective Interest Rate on Debt % Chart

SuRo Capital 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 5.90 1.26 6.62 6.60 6.59

SuRo Capital Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 6.59 6.58 6.57 6.26 6.89

Competitive Comparison of SuRo Capital's Effective Interest Rate on Debt %

For the Asset Management subindustry, SuRo Capital'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.


SuRo Capital's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

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


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SuRo Capital Effective Interest Rate on Debt % Calculation

SuRo Capital'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  *  -4.844/( (73.745+73.25)/ 2 )
=-1  *  -4.844/73.4975
=6.59 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=73.745 + 0
=73.745

SuRo Capital'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: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -5.048/( (73.314+73.25)/ 2 )
=-1  *  -5.048/73.282
=6.89 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=73.314 + 0
=73.314

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


SuRo Capital  (NAS:SSSS) Effective Interest Rate on Debt % Explanation

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


SuRo Capital Effective Interest Rate on Debt % Related Terms

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SuRo Capital Business Description

Traded in Other Exchanges
Address
640 Fifth Avenue, 12th Floor, New York, NY, USA, 10019
SuRo Capital Corp is a non-diversified closed-end management investment company. The company's investment objective is to maximize its portfolio's total return, principally by seeking capital gains on its equity and equity-related investments.
Executives
Ronald M. Lott director C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Allison Green officer: See Remarks C/O GSV CAPITAL CORP., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
Mark D Klein director, officer: CEO and President 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Robert S. Birch 10 percent owner 765 PARK AVENUE, APT. 10A, NEW YORK NY 10021
Lisa Westley director C/O GSV CAPITAL CORP., ONE SANSOME STREET, SUITE 730, SAN FRANCISCO CA 94104
Marc Mazur director 31 WEST 52ND ST. 17TH FLOOR, NEW YORK NY 10019
Leonard Potter director C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Michael T. Moe director, officer: President and CEO C/O NEXT INNOVATION CORP., 2965 WOODSIDE ROAD, WOODSIDE CA 94062
David S Pottruck director 120 KEARNY STREET, SAN FRANCISCO CA 94108
Brian Taylor 10 percent owner C/O PINE RIVER CAPITAL MANAGEMENT, 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Pine River Capital Management L.p. 10 percent owner 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Pine River Master Fund Ltd. 10 percent owner C/O PINE RIVER CAPITAL MANAGEMENT L.P., 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Mark W. Flynn director C/O NEXT INNOVATION CORP., 2965 WOODSIDE ROAD, WOODSIDE CA 94062
Bradford C. Koenig director C/O GSV CAPITAL CORP., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
William F. Tanona officer: CFO, Treasurer & Secretary 580 EL CERRITO AVENUE, HILLSBOROUGH CA 94010