GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Forge Group Inc (OTCPK:FIGP) » Definitions » Effective Interest Rate on Debt %

Forge Group (Forge Group) Effective Interest Rate on Debt % : 0.00% (As of . 20)


View and export this data going back to 2022. Start your Free Trial

What is Forge 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. Forge Group's annualized positive value of Interest Expense for the quarter that ended in . 20 was $ Mil. Forge Group's average total debt for the quarter that ended in . 20 was $ Mil. Therefore, Forge Group's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 was %.

Forge Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Forge 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.

Forge Group Effective Interest Rate on Debt % Chart

Forge Group Annual Data
Trend
Effective Interest Rate on Debt %

Forge Group Semi-Annual Data
Effective Interest Rate on Debt %

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

For the Insurance - Property & Casualty subindustry, Forge 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.

Forge Group's Effective Interest Rate on Debt % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Forge Group's Effective Interest Rate on Debt % distribution charts can be found below:

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


Forge Group Effective Interest Rate on Debt % Calculation

Forge Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: . 20 )+Total Debt  (A: . 20 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Forge Group's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: . 20 )+Total Debt  (Q: . 20 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Total Debt  (Q: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Total Debt  (Q: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

* 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 one times the annual (. 20) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Forge Group  (OTCPK:FIGP) Effective Interest Rate on Debt % Explanation

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

Forge Group Effective Interest Rate on Debt % Related Terms

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

Forge Group (Forge Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Forge Group Inc (OTCPK:FIGP) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
Traded in Other Exchanges
N/A
Address
P.O. Box 15033, Worcester, MA, USA, 01615
Website
Forge Group Inc provides commercial automobile insurance products targeted to owners and operators of taxi cabs, passenger sedans, and other light transportation vehicles, including golf carts and school vans. It manages business through two segments: insurance and commercial real estate investments.

Forge Group (Forge Group) Headlines

From GuruFocus

Forge Group, Inc. Announces Share Repurchase Plan

By PRNewswire • 12-22-2023