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

View and export this data going back to 1969. Start your Free Trial

What is 1834 Investments 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. 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 Effective Interest Rate on Debt % Historical Data

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.

* Premium members only.

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

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															1.31	1.31	1.70	2.54	2.94

Competitive Comparison of 1834 Investments's Effective Interest Rate on Debt %

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's Effective Interest Rate on Debt % Distribution in the 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.

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

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.

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

Thank you for viewing the detailed overview of 1834 Investments's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

1834 Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » 1834 Investments Ltd (XJAM:1834) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 North Street, P.O. Box 40, Kingston, JAM

Website

http://www.1834investments.com

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.

1834 Investments Headlines

No Headlines