Inspiration Healthcare Group (LSE:IHC) Effective Interest Rate on Debt % : 5.40% (As of Jul. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Inspiration Healthcare 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. Inspiration Healthcare Group's annualized positive value of Interest Expense for the quarter that ended in Jul. 2023 was £0.64 Mil. Inspiration Healthcare Group's average total debt for the quarter that ended in Jul. 2023 was £11.85 Mil. Therefore, Inspiration Healthcare Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2023 was 5.40%.

Inspiration Healthcare Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Inspiration Healthcare 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.

Inspiration Healthcare Group Effective Interest Rate on Debt % Chart

Inspiration Healthcare Group Annual Data

Trend

Dec14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

3.76

6.12

5.62

3.83

Inspiration Healthcare Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.22	7.61	4.90	4.18	5.40

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

For the Medical Devices subindustry, Inspiration Healthcare 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.

Inspiration Healthcare Group's Effective Interest Rate on Debt % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Inspiration Healthcare Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Inspiration Healthcare Group Effective Interest Rate on Debt % Calculation

Inspiration Healthcare Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jan. 2022 )	+	Total Debt (A: Jan. 2023 ))	/ count )
=	-1 * -0.395	/	( (7.543	+	13.077)	/ 2 )
=	-1 * -0.395	/	10.31
=	3.83 %

where

	Total Debt (A: Jan. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.896	+	0.647
=	7.543

	Total Debt (A: Jan. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.176	+	2.901
=	13.077

Inspiration Healthcare Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jan. 2023 )	+	Total Debt (Q: Jul. 2023 ))	/ count )
=	-1 * -0.64	/	( (13.077	+	10.622)	/ 2 )
=	-1 * -0.64	/	11.8495
=	5.40 %

where

	Total Debt (Q: Jan. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.176	+	2.901
=	13.077

	Total Debt (Q: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.852	+	0.77
=	10.622

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 (Jul. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Inspiration Healthcare Group (LSE:IHC) Effective Interest Rate on Debt % Explanation

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

Inspiration Healthcare Group Effective Interest Rate on Debt % Related Terms

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

Inspiration Healthcare Group (LSE:IHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Inspiration Healthcare Group PLC (LSE:IHC) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 7/8 Commerce Park, Commerce Way, Croydon, GBR, CR0 4YL

Website

https://www.inspirationhealthcaregroup.com

Inspiration Healthcare Group PLC supplies outcome-improving medical devices in the areas of neonatal intensive care and patient warming. It operates in the Critical Care Medical Devices segment which includes Critical Care, Operating Theatre, and Home Healthcare. The company derives the maximum of its revenue from the United Kingdom through the Critical Care market division.