Alpha Group International (LSE:ALPH) Effective Interest Rate on Debt % : 5.79% (As of Dec. 2023)

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What is Alpha Group International 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. Alpha Group International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £1.0 Mil. Alpha Group International's average total debt for the quarter that ended in Dec. 2023 was £17.6 Mil. Therefore, Alpha Group International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.79%.

Alpha Group International Effective Interest Rate on Debt % Historical Data

The historical data trend for Alpha Group International'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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Alpha Group International Effective Interest Rate on Debt % Chart

Alpha Group International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.72

4.80

9.17

4.42

4.43

Alpha Group International Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													7.73	6.03	3.92	4.48	5.79

Competitive Comparison of Alpha Group International's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Alpha Group International'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.

Alpha Group International's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Alpha Group International's Effective Interest Rate on Debt % distribution charts can be found below:

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

Alpha Group International Effective Interest Rate on Debt % Calculation

Alpha Group International'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 * -0.793	/	( (13.074	+	22.72)	/ 2 )
=	-1 * -0.793	/	17.897
=	4.43 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.667	+	1.407
=	13.074

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.692	+	1.028
=	22.72

Alpha Group International'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 * -1.016	/	( (12.393	+	22.72)	/ 2 )
=	-1 * -1.016	/	17.5565
=	5.79 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.844	+	1.549
=	12.393

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.692	+	1.028
=	22.72

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.

Alpha Group International (LSE:ALPH) Effective Interest Rate on Debt % Explanation

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

Alpha Group International Effective Interest Rate on Debt % Related Terms

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Alpha Group International (LSE:ALPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Alpha Group International PLC (LSE:ALPH) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

ALPHl:UK

Address

2 Canalside Walk, Brunel Building, London, GBR, W2 1DG

Website

https://www.alphagroup.com

Alpha Group International plc is a high-tech, high-touch provider of enhanced financial solutions dedicated to corporates and institutions operating internationally. The operating segments are Corporate London, Institutional, Corporate Toronto, Corporate Amsterdam and Alpha Pay It blends intelligent human capabilities with new technologies to solve complex problems across three key areas: FX risk management, global accounts and mass payments. Majority of its revenue comes from Corporate London segment.

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