JZ Capital Partners (LSE:JZCP) Effective Interest Rate on Debt % : 14.41% (As of Aug. 2023)

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What is JZ Capital Partners 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. JZ Capital Partners's annualized positive value of Interest Expense for the quarter that ended in Aug. 2023 was £5.05 Mil. JZ Capital Partners's average total debt for the quarter that ended in Aug. 2023 was £35.01 Mil. Therefore, JZ Capital Partners's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 was 14.41%.

JZ Capital Partners Effective Interest Rate on Debt % Historical Data

The historical data trend for JZ Capital Partners'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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JZ Capital Partners Effective Interest Rate on Debt % Chart

JZ Capital Partners Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Effective Interest Rate on Debt %

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7.93

8.69

10.84

13.57

16.42

JZ Capital Partners Semi-Annual Data
	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															14.79	17.24	8.53	20.24	14.41

Competitive Comparison of JZ Capital Partners's Effective Interest Rate on Debt %

For the Asset Management subindustry, JZ Capital Partners'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.

JZ Capital Partners's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

* The bar in red indicates where JZ Capital Partners's Effective Interest Rate on Debt % falls into.

JZ Capital Partners Effective Interest Rate on Debt % Calculation

JZ Capital Partners's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2022 )	+	Total Debt (A: Feb. 2023 ))	/ count )
=	-1 * -7.477	/	( (55.326	+	35.754)	/ 2 )
=	-1 * -7.477	/	45.54
=	16.42 %

where

	Total Debt (A: Feb. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	55.326	+	0
=	55.326

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	35.754	+	0
=	35.754

JZ Capital Partners's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Feb. 2023 )	+	Total Debt (Q: Aug. 2023 ))	/ count )
=	-1 * -5.046	/	( (35.754	+	34.265)	/ 2 )
=	-1 * -5.046	/	35.0095
=	14.41 %

where

	Total Debt (Q: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	35.754	+	0
=	35.754

	Total Debt (Q: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	34.265	+	0
=	34.265

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

JZ Capital Partners (LSE:JZCP) Effective Interest Rate on Debt % Explanation

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

JZ Capital Partners Effective Interest Rate on Debt % Related Terms

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JZ Capital Partners (LSE:JZCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JZ Capital Partners Ltd (LSE:JZCP) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

Trafalgar Court, P.O. Box 255, Les Banques, Saint Peter Port, GGY, GY1 3QL

Website

http://www.jzcp.com

JZ Capital Partners Ltd is a closed-end investment company. Its investment objective is to provide a superior overall return, comprised of current yield and capital appreciation. The company segments include Portfolio of US microcap, European microcap, Real estate and Other Investments. It generates maximum revenue from the US microcap investments segment. The company portfolio is diversified across Western Europe. Its strategies include investments in micro-cap buyouts, mezzanine loans and high-yield securities, senior secured debt and second lien loans, real estate and other debt and equity opportunities, including distressed debt and structured financings, derivatives and opportunistic purchase of publicly traded securities.

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