Ince Group (FRA:W1G1) Effective Interest Rate on Debt % : 6.61% (As of Sep. 2021)

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What is Ince Group 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. Ince Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2021 was €2.2 Mil. Ince Group's average total debt for the quarter that ended in Sep. 2021 was €33.1 Mil. Therefore, Ince Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 was 6.61%.

Ince Group Effective Interest Rate on Debt % Historical Data

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

Ince Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Mar17

Mar18

Mar19

Mar20

Mar21

Effective Interest Rate on Debt %

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5.31

7.55

4.60

7.52

5.03

Ince Group Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.57	7.34	3.28	7.17	6.61

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

For the Specialty Business Services subindustry, Ince Group'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.

Ince Group's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ince Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Ince Group Effective Interest Rate on Debt % Calculation

Ince Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2020 )	+	Total Debt (A: Mar. 2021 ))	/ count )
=	-1 * -1.739	/	( (37.034	+	32.077)	/ 2 )
=	-1 * -1.739	/	34.5555
=	5.03 %

where

	Total Debt (A: Mar. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	26.527	+	10.507
=	37.034

	Total Debt (A: Mar. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	24.31	+	7.767
=	32.077

Ince Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2021 )	+	Total Debt (Q: Sep. 2021 ))	/ count )
=	-1 * -2.186	/	( (32.077	+	34.092)	/ 2 )
=	-1 * -2.186	/	33.0845
=	6.61 %

where

	Total Debt (Q: Mar. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	24.31	+	7.767
=	32.077

	Total Debt (Q: Sep. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	24.963	+	9.129
=	34.092

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 (Sep. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Ince Group (FRA:W1G1) Effective Interest Rate on Debt % Explanation

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

Ince Group Effective Interest Rate on Debt % Related Terms

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Ince Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ince Group PLC (FRA:W1G1) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Leman Street, Aldgate Tower, London, GBR, E1 8QN

Website

http://www.theincegroup.com

Ince Group PLC provides legal and independent financial advisory services to businesses and high net worth individuals in the United Kingdom. The group's two business segments include Legal & Professional services and Independent Financial Advisory services. The company offers accounting, financial services, consulting, and pensions advice to clients. Its acquired firms are either consolidated under the Ince brand or continue to operate under their brands.

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