Premier Veterinary Group (AQSE:PVG.GB) Effective Interest Rate on Debt % : 16.63% (As of Mar. 2020)

View and export this data going back to 2014. Start your Free Trial

What is Premier Veterinary 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. Premier Veterinary Group's annualized positive value of Interest Expense for the quarter that ended in Mar. 2020 was £0.69 Mil. Premier Veterinary Group's average total debt for the quarter that ended in Mar. 2020 was £4.15 Mil. Therefore, Premier Veterinary Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2020 was 16.63%.

Premier Veterinary Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Premier Veterinary 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.

* Premium members only.

Premier Veterinary Group Effective Interest Rate on Debt % Chart

Premier Veterinary Group Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

12.93

4.17

17.89

10.20

15.88

Premier Veterinary Group Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	14.20	15.26	10.39	16.63

Competitive Comparison of Premier Veterinary Group's Effective Interest Rate on Debt %

For the Personal Services subindustry, Premier Veterinary 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.

Premier Veterinary Group's Effective Interest Rate on Debt % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Premier Veterinary Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Premier Veterinary Group Effective Interest Rate on Debt % Calculation

Premier Veterinary Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2018 )	+	Total Debt (A: Sep. 2019 ))	/ count )
=	-1 * -0.385	/	( (1	+	3.85)	/ 2 )
=	-1 * -0.385	/	2.425
=	15.88 %

where

	Total Debt (A: Sep. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1	+	0
=	1

	Total Debt (A: Sep. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.85	+	0
=	3.85

Premier Veterinary Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2019 )	+	Total Debt (Q: Mar. 2020 ))	/ count )
=	-1 * -0.69	/	( (3.85	+	4.45)	/ 2 )
=	-1 * -0.69	/	4.15
=	16.63 %

where

	Total Debt (Q: Sep. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.85	+	0
=	3.85

	Total Debt (Q: Mar. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.45	+	0
=	4.45

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 (Mar. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Premier Veterinary Group (AQSE:PVG.GB) Effective Interest Rate on Debt % Explanation

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

Premier Veterinary Group Effective Interest Rate on Debt % Related Terms

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

Premier Veterinary Group (AQSE:PVG.GB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Premier Veterinary Group PLC (AQSE:PVG.GB) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bond Street, New Bond House, Bristol, GBR, BS2 9AG

Website

http://www.premiervetgroup.co.uk

Premier Veterinary Group PLC is a non-medical service provides mainly to veterinary centers. The company business operates in the veterinary industry and mainly provides support services for day to day running of veterinary centers. The company business is organized into three geographical regions: Premier Pet Care Plan (PPCP) the United Kingdom, PPCP Europe (including the Republic of Ireland), and PPCP US. Most of its revenues are generated from the Premier Pet Care Plan - UK.

Premier Veterinary Group (AQSE:PVG.GB) Headlines

No Headlines