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General American Investors Company (General American Investors Company) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is General American Investors Company 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. General American Investors Company's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.0 Mil. General American Investors Company's average total debt for the quarter that ended in Dec. 2023 was $3.1 Mil. Therefore, General American Investors Company's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


General American Investors Company Effective Interest Rate on Debt % Historical Data

The historical data trend for General American Investors Company'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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General American Investors Company Effective Interest Rate on Debt % Chart

General American Investors Company Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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General American Investors Company Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of General American Investors Company's Effective Interest Rate on Debt %

For the Asset Management subindustry, General American Investors Company'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.


General American Investors Company's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

* The bar in red indicates where General American Investors Company's Effective Interest Rate on Debt % falls into.



General American Investors Company Effective Interest Rate on Debt % Calculation

General American Investors Company'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/( (3.517+2.984)/ 2 )
=-1  *  0/3.2505
=0.00 %

where

General American Investors Company'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: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  0/( (3.256+2.984)/ 2 )
=-1  *  0/3.12
=0.00 %

where

* 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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


General American Investors Company  (NYSE:GAM) Effective Interest Rate on Debt % Explanation

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


General American Investors Company Effective Interest Rate on Debt % Related Terms

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General American Investors Company (General American Investors Company) Business Description

Traded in Other Exchanges
N/A
Address
530 Fifth Avenue, 26th Floor, New York, NY, USA, 10036
General American Investors Company Inc is a closed-end, diversified management investment company. The primary investment objective of the company is long-term capital appreciation through investment in companies with above-average growth potential. It focuses on equity securities with growth potential at reasonable valuations.
Executives
Anang K. Majmudar officer: Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Jeffrey W Priest officer: President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Eugene S Stark officer: Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Savannah Sachs director 530 FIFTH AVE, 26TH FL, NEW YORK NY 10036
Rodney B Berens director C/O KEYSTONE PROPERTY TRUST, 200 FOUR FALLS CORP. CENTER SUITE 208, WEST CONSHOHOCKEN PA 19428
Liron Kronzon officer: Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26 FL, NEW YORK NY 10036
Samantha X. Jin officer: Treasurer 530 FIFTH AVE 26TH FLOOR, NEW YORK NY 10036
Santa Maria Connie A. officer: Assistant Corporate Secretary GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE 26TH FLOOR, NEW YORK NY 10036
Spencer Davidson director, officer: President & CEO GENERAL AMERICAN INVESTORS CO INC, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Trust F B O Altschul Emily H U A D 1 9 67 officer: Trustee/President & CEO - GAM
Trust Fbo Altschul Serena Uad 12 15 72 officer: Trustee/President & CEO - GAM C/O OVERBROOK MANAGEMENT CORP, 122 EAST 42ND STREET SUITE 2500, NEW YORK NY 10168-2500
Trust F B O Altschul Stephen F U A D 10 22 58 officer: Trustee/Pres. & CEO - GAM
Rose Peabody Lynch director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Altschul Arthur G Jr director C/O OVERBROOK MANAGEMENT CORP, 122 E. 42ND STREET, SUITE 2500, NEW YORK NY 10168
Trust Fbo Serena Vr Altschul Uad 5/22/71 other: Trustee is a GAM Director C/O OVERBROOK MANAGEMENT CORP, 122 EAST 42ND STREET SUITE 2500, NEW YORK NY 10168-2500

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