GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Schroder AsiaPacific Fund PLC (LSE:SDP) » Definitions » Effective Interest Rate on Debt %

Schroder AsiaPacific Fund (LSE:SDP) Effective Interest Rate on Debt % : 5.96% (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Schroder AsiaPacific Fund 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. Schroder AsiaPacific Fund's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was £1.68 Mil. Schroder AsiaPacific Fund's average total debt for the quarter that ended in Mar. 2024 was £28.12 Mil. Therefore, Schroder AsiaPacific Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.96%.


Schroder AsiaPacific Fund Effective Interest Rate on Debt % Historical Data

The historical data trend for Schroder AsiaPacific Fund'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.

Schroder AsiaPacific Fund Effective Interest Rate on Debt % Chart

Schroder AsiaPacific Fund Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.75 0.70 1.42 4.83

Schroder AsiaPacific Fund Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 2.13 4.56 4.99 5.96

Competitive Comparison of Schroder AsiaPacific Fund's Effective Interest Rate on Debt %

For the Asset Management subindustry, Schroder AsiaPacific Fund'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.


Schroder AsiaPacific Fund's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

* The bar in red indicates where Schroder AsiaPacific Fund's Effective Interest Rate on Debt % falls into.



Schroder AsiaPacific Fund Effective Interest Rate on Debt % Calculation

Schroder AsiaPacific Fund's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -0.921/( (13.521+24.579)/ 2 )
=-1  *  -0.921/19.05
=4.83 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.521 + 0
=13.521

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24.579 + 0
=24.579

Schroder AsiaPacific Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -1.676/( (24.579+31.664)/ 2 )
=-1  *  -1.676/28.1215
=5.96 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24.579 + 0
=24.579

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=31.664 + 0
=31.664

* 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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Schroder AsiaPacific Fund  (LSE:SDP) Effective Interest Rate on Debt % Explanation

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


Schroder AsiaPacific Fund Effective Interest Rate on Debt % Related Terms

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


Schroder AsiaPacific Fund (LSE:SDP) Business Description

Traded in Other Exchanges
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Schroder AsiaPacific Fund PLC is an asset management company based in the United Kingdom. The company's main investment objective is to achieve capital growth through investment primarily in equities of companies located in the continent of Asia (excluding the Middle East and Japan), together with the Far Eastern countries bordering the Pacific Ocean. It aims to achieve growth in excess of the MSCI All Countries Asia excluding Japan Index in sterling terms (Benchmark Index) over the longer term. The company principally invests in a diversified portfolio of companies located in the continent of Asia, of which the countries include Hong Kong, China, Singapore, Taiwan, Malaysia, South Korea, Thailand, India, The Philippines, Indonesia, Pakistan, Vietnam and Sri Lanka.

Schroder AsiaPacific Fund (LSE:SDP) Headlines