Smithson Investment Trust (LSE:SSON) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Smithson Investment Trust 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. Smithson Investment Trust's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £0.0 Mil. Smithson Investment Trust's average total debt for the quarter that ended in Dec. 2023 was £0.0 Mil. Therefore, Smithson Investment Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was N/A%.

Smithson Investment Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for Smithson Investment Trust'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.

Smithson Investment Trust Effective Interest Rate on Debt % Chart

Smithson Investment Trust Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Smithson Investment Trust Semi-Annual Data
	Dec18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					-	-	-	-	-

Competitive Comparison of Smithson Investment Trust's Effective Interest Rate on Debt %

For the Asset Management subindustry, Smithson Investment Trust'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.

Smithson Investment Trust's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

* The bar in red indicates where Smithson Investment Trust's Effective Interest Rate on Debt % falls into.

Smithson Investment Trust Effective Interest Rate on Debt % Calculation

Smithson Investment Trust'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	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

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

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

Smithson Investment Trust'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	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

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

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

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.

Smithson Investment Trust (LSE:SSON) Effective Interest Rate on Debt % Explanation

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

Smithson Investment Trust Effective Interest Rate on Debt % Related Terms

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

Smithson Investment Trust (LSE:SSON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Smithson Investment Trust PLC (LSE:SSON) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

SSONl:UK

Address

125 London Wall, 6th Floor, London, GBR, EC2Y 5AS

Website

https://www.smithson.co.uk

Smithson Investment Trust PLC operates as an investment company. Its investment objective is to provide shareholders with long term growth in value through exposure to a diversified portfolio of shares issued by listed or traded companies. The company invests in various sectors such as Materials; Financials; Consumer Staples; Communication Services; Consumer Discretionary; Healthcare; Industrials and Information Technology. Geographically, it operates in Latin America; Eurasia, the Middle East, Africa; Asia Pacific; North America and Europe.

Smithson Investment Trust (LSE:SSON) Headlines

No Headlines