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TEI (Templeton Emerging Marketsome Fund) Effective Interest Rate on Debt % : 6.04% (As of Dec. 2024)


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What is Templeton Emerging Marketsome Fund 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. Templeton Emerging Marketsome Fund's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $3.47 Mil. Templeton Emerging Marketsome Fund's average total debt for the quarter that ended in Dec. 2024 was $57.50 Mil. Therefore, Templeton Emerging Marketsome Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 6.04%.


Templeton Emerging Marketsome Fund Effective Interest Rate on Debt % Historical Data

The historical data trend for Templeton Emerging Marketsome Fund'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.

Templeton Emerging Marketsome Fund Effective Interest Rate on Debt % Chart

Templeton Emerging Marketsome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial - 0.01 2.42 6.81 5.80

Templeton Emerging Marketsome Fund Semi-Annual Data
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 3.41 6.07 6.50 6.40 6.04

Competitive Comparison of Templeton Emerging Marketsome Fund's Effective Interest Rate on Debt %

For the Asset Management subindustry, Templeton Emerging Marketsome Fund'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.


Templeton Emerging Marketsome Fund's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

* The bar in red indicates where Templeton Emerging Marketsome Fund's Effective Interest Rate on Debt % falls into.


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Templeton Emerging Marketsome Fund Effective Interest Rate on Debt % Calculation

Templeton Emerging Marketsome Fund'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  *  -3.337/( (50+65)/ 2 )
=-1  *  -3.337/57.5
=5.80 %

where

Templeton Emerging Marketsome Fund'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  *  -3.472/( (50+65)/ 2 )
=-1  *  -3.472/57.5
=6.04 %

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


Templeton Emerging Marketsome Fund  (NYSE:TEI) Effective Interest Rate on Debt % Explanation

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


Templeton Emerging Marketsome Fund Effective Interest Rate on Debt % Related Terms

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Templeton Emerging Marketsome Fund Business Description

Traded in Other Exchanges
N/A
Address
300 S.E. 2nd Street, Fort Lauderdale, FL, USA, 33301-1923
Templeton Emerging Markets Income Fund is a closed-end fund. It seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions. The company's investment portfolio includes Foreign Government and Agency Securities; Quasi-Sovereign and Corporate Bonds; Common Stocks and Other Equity Interests, and Short-Term Investments, and Money Market Funds.
Executives
Christine M. Debevec officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
George P. Hoyt officer: VP & Secretary C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Oliveira Marc De officer: VP & Assistant Secretary C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Alexander Kymn officer: VP & Assistant Secretary WELLS FARGO BANK, 45 FREMONT STREET, 26TH FLOOR, SAN FRANCISCO CA 94105
Harris Goldblat officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Tara E. Gormel officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Terrence J. Checki other: Trustee HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Christopher Kings officer: CFO, CAO and Treasurer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Ryan Wheeler officer: Interim CFO, CAO and Treasurer 300 S.E. 2ND STREET, FORT LAUDERDALE FL 33301
Susan Kerr officer: VP - AML Compliance 280 PARK AVENUE, NEW YORK NY 10017
Christine Zhu officer: Vice President ONE FRANKLIN PARKWAY, SMO-920/3, SAN MATEO CA 94403
Michael J Hasenstab officer: Pres. & CEO - Invest. Mgmt. ONE FRANKLIN PARKWAY, SMO-920/3, SAN MATEO CA 94403
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Bates Ann Torre other: Trustee 300 CONTINENTAL DRIVE, NEWARK DE 19713