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Westwood Holdings Group (Westwood Holdings Group) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Westwood Holdings Group 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. Westwood Holdings Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.00 Mil. Westwood Holdings Group's average total debt for the quarter that ended in Dec. 2023 was $4.63 Mil. Therefore, Westwood Holdings Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Westwood Holdings Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Westwood Holdings Group'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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Westwood Holdings Group Effective Interest Rate on Debt % Chart

Westwood Holdings Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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Westwood Holdings Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Westwood Holdings Group's Effective Interest Rate on Debt %

For the Asset Management subindustry, Westwood Holdings Group'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.


Westwood Holdings Group's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

* The bar in red indicates where Westwood Holdings Group's Effective Interest Rate on Debt % falls into.



Westwood Holdings Group Effective Interest Rate on Debt % Calculation

Westwood Holdings Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  0/( (6.065+4.552)/ 2 )
=-1  *  0/5.3085
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.563 + 1.502
=6.065

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.266 + 1.286
=4.552

Westwood Holdings Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  0/( (4.698+4.552)/ 2 )
=-1  *  0/4.625
=0.00 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.412 + 1.286
=4.698

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.266 + 1.286
=4.552

* 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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Westwood Holdings Group  (NYSE:WHG) Effective Interest Rate on Debt % Explanation

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


Westwood Holdings Group Effective Interest Rate on Debt % Related Terms

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Westwood Holdings Group (Westwood Holdings Group) Business Description

Traded in Other Exchanges
N/A
Address
200 Crescent Court, Suite 1200, Dallas, TX, USA, 75201
Westwood Holdings Group Inc through its subsidiaries is engaged in managing investment assets and providing services for its clients. The company operates its business through the Advisory and Trust segments. Its advisory segment provides investment advisory services to corporate retirement plans, public retirement plans, endowments, foundations, individuals and the Westwood Funds, as well as investment sub-advisory services to mutual funds and its trust segment. The Trust segment offers trust and custodial services to its clients and to its advisory segment and sponsors common trust funds to institutions and high net worth individuals. It generates maximum revenue from the Advisory segment. Geographically, it derives a majority of revenue from the United States.
Executives
John Porter Montgomery officer: COO 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Leah Bennett officer: President-Westwood Wealth Mgmt 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Ehinger John Anthony Jr officer: Head of Legal, CCO 279 BENSON LAN, COPPELL TX 75019
Matthew Lockridge officer: Head, U.S. Value Inv. 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Jcp Investment Management, Llc 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Adrian Helfert officer: CIO, Multi-Asset Inv. 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Richard M Frank director 4441 W AIRPORT FREEWAY, IRVING TX 75062
Brian O Casey director, officer: President & CEO 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Raymond E Wooldridge director 200 CRESCENT COURT, STE 1200, DALLAS TX 75201
Fabian Gomez officer: Chief Operating Officer 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Randy A Bowman director 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Jcp Investment Holdings, Llc 10 percent owner, other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partners, Lp 10 percent owner, other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partnership, Lp 10 percent owner, other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
James C Pappas 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027