Lion Group Holding (Lion Group Holding) Effective Interest Rate on Debt % : 56.33% (As of Dec. 2023)

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What is Lion Group Holding 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. Lion Group Holding's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $1.63 Mil. Lion Group Holding's average total debt for the quarter that ended in Dec. 2023 was $2.89 Mil. Therefore, Lion Group Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 56.33%.

Lion Group Holding Effective Interest Rate on Debt % Historical Data

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

Lion Group Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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47.50

13.81

263.61

84.88

62.51

Lion Group Holding Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						1,210.91	243.48	75.45	72.22	56.33

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

For the Capital Markets subindustry, Lion Group Holding'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.

Lion Group Holding's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

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

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

Lion Group Holding Effective Interest Rate on Debt % Calculation

Lion Group Holding'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 * -2.413	/	( (5.392	+	2.328)	/ 2 )
=	-1 * -2.413	/	3.86
=	62.51 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.68	+	0.712
=	5.392

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.681	+	0.647
=	2.328

Lion Group Holding'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 * -1.63	/	( (3.459	+	2.328)	/ 2 )
=	-1 * -1.63	/	2.8935
=	56.33 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.743	+	0.716
=	3.459

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.681	+	0.647
=	2.328

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.

Lion Group Holding (NAS:LGHL) Effective Interest Rate on Debt % Explanation

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

Lion Group Holding Effective Interest Rate on Debt % Related Terms

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Lion Group Holding (Lion Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Lion Group Holding Ltd (NAS:LGHL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Phillip Street, Room No.15-04 Royal Group Building, Tower A, Billion Center, Kowloon Bay, Singapore, SGP, 048693

Website

https://www.liongroupholdings.com

Lion Group Holding Ltd is an asset management company. Also, the company provides wealth management, risk management, and other services. Also, the company offers CFD trading services, insurance brokerage services, futures brokerage services, and securities brokerage services.