1834 Investments (XJAM:1834) Effective Interest Rate on Debt %: 2.94% (As of Sep. 2022)

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XJAM:1834 1834 Investments Ltd XJAM:1834
22 GF Score
Price JMD1.21
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What is 1834 Investments Effective Interest Rate on Debt %?

1834 Investments XJAM:1834 22 Effective Interest Rate on Debt % is 2.94% as of Sep. 2022. GuruFocus rates XJAM:1834 with a GF Score™ of 22/100.

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. 1834 Investments's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was JMD1.68 Mil. 1834 Investments's average total debt for the quarter that ended in Sep. 2022 was JMD57.28 Mil. Therefore, 1834 Investments's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 2.94%.


1834 Investments  (XJAM:1834) Effective Interest Rate on Debt % Explanation

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


1834 Investments Effective Interest Rate on Debt % Related Terms


1834 Investments Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for 1834 Investments'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.

1834 Investments Effective Interest Rate on Debt % Chart

1834 Investments Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.88 1.71

1834 Investments Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 1.31 1.31 1.70 2.54 2.94

XJAM:1834 vs BLK, BX, BK: Effective Interest Rate on Debt % Comparison

For the Asset Management subindustry, 1834 Investments'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.


1834 Investments Effective Interest Rate on Debt % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, 1834 Investments's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where 1834 Investments's Effective Interest Rate on Debt % falls into.


XJAM:1834
22GF Score
1834 Investments Ltd XJAM:1834
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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1834 Investments Effective Interest Rate on Debt % Calculation

1834 Investments's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2021 )+Total Debt  (A: Mar. 2022 ))/ count )
=-1  *  -1.45/( (108.66+61.324)/ 2 )
=-1  *  -1.45/84.992
=1.71 %

where

Total Debt  (A: Mar. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 108.66
=108.66

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 61.324
=61.324

1834 Investments's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2022 )+Total Debt  (Q: Sep. 2022 ))/ count )
=-1  *  -1.684/( (60.215+54.337)/ 2 )
=-1  *  -1.684/57.276
=2.94 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 60.215
=60.215

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 54.337
=54.337

* 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 (Sep. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 2.94% mean?
1834 Investments (XJAM:1834) has a Effective Interest Rate on Debt % of 2.94% as of Sep. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on 1834 Investments and its competitors.
Is 1834 Investments' Effective Interest Rate on Debt % too high?
1834 Investments' current Effective Interest Rate on Debt % is 2.94%. Overall, 1834 Investments has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does 1834 Investments' Effective Interest Rate on Debt % compare to BLK and BX?
1834 Investments' Effective Interest Rate on Debt % of 2.94% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Asset Management company?
A good Effective Interest Rate on Debt % depends on the Asset Management industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on 1834 Investments and its competitors. 1834 Investments's current Effective Interest Rate on Debt % is 2.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1834 Investments stock overvalued right now?
1834 Investments (XJAM:1834) has a current Effective Interest Rate on Debt % of 2.94%. The current Effective Interest Rate on Debt % is 2.94%. 1834 Investments' overall GF Score™ is 22/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For 1834 Investments (XJAM:1834), the current Effective Interest Rate on Debt % is 2.94% as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

1834 Investments Business Description

Address 7 North Street, P.O. Box 40, Kingston, JAM
1834 Investments Ltd is a Jamaica-based investment management company. The company's main activity is the management of its income-generating real estate, bond, and equity investments. Also, its activities include the management of its joint venture and subsidiary companies. Its equity portfolio comprises a diversified mix of the stocks of local and overseas companies in North America, the United Kingdom, Europe, and Asia.
22GF Score

Get the complete analysis for XJAM:1834

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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