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

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


View and export this data going back to 2021. Start your Free Trial

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.

* Premium members only.

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 %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 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 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

* 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 (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

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


Ince Group Business Description

Industry
Traded in Other Exchanges
N/A
Address
2 Leman Street, Aldgate Tower, London, GBR, E1 8QN
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.

Ince Group Headlines

No Headlines