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Fincorp Investment (XMAU:FINC.N0000) Effective Interest Rate on Debt % : 32.98% (As of Dec. 2024)


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What is Fincorp Investment 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. Fincorp Investment's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was MUR205.55 Mil. Fincorp Investment's average total debt for the quarter that ended in Dec. 2024 was MUR623.18 Mil. Therefore, Fincorp Investment's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 32.98%.


Fincorp Investment Effective Interest Rate on Debt % Historical Data

The historical data trend for Fincorp Investment'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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Fincorp Investment Effective Interest Rate on Debt % Chart

Fincorp Investment Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 20.13 11.21 10.83 22.30 29.25

Fincorp Investment 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 32.47 32.09 32.65 28.61 32.98

Competitive Comparison of Fincorp Investment's Effective Interest Rate on Debt %

For the Rental & Leasing Services subindustry, Fincorp Investment'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.


Fincorp Investment's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Fincorp Investment's Effective Interest Rate on Debt % distribution charts can be found below:

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



Fincorp Investment Effective Interest Rate on Debt % Calculation

Fincorp Investment's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2023 )+Total Debt  (A: Jun. 2024 ))/ count )
=-1  *  -191.153/( (705.397+601.574)/ 2 )
=-1  *  -191.153/653.4855
=29.25 %

where

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=705.397 + 0
=705.397

Total Debt  (A: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=601.574 + 0
=601.574

Fincorp Investment'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  *  -205.548/( (716.071+530.293)/ 2 )
=-1  *  -205.548/623.182
=32.98 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=716.071 + 0
=716.071

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=530.293 + 0
=530.293

* 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.


Fincorp Investment  (XMAU:FINC.N0000) Effective Interest Rate on Debt % Explanation

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


Fincorp Investment Effective Interest Rate on Debt % Related Terms

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Fincorp Investment Business Description

Traded in Other Exchanges
N/A
Address
9-15 Sir William Newton Street, Fincorp Invsetment Centre, MCB Centre, Port Louis, MUS
Fincorp Investment Ltd invests in the financial services sector and provides both finance and operating leases for equipment and motor vehicles in Mauritius. The company offers finance and operating leasing solutions and takes deposit and invest in priority in the financial services sector.

Fincorp Investment Headlines

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