Pershing Square Holdings (LSE:PSH) Effective Interest Rate on Debt % : 3.49% (As of Dec. 2023)

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What is Pershing Square Holdings 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. Pershing Square Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £65 Mil. Pershing Square Holdings's average total debt for the quarter that ended in Dec. 2023 was £1,859 Mil. Therefore, Pershing Square Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.49%.

Pershing Square Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Pershing Square Holdings'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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Pershing Square Holdings Effective Interest Rate on Debt % Chart

Pershing Square Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.19

4.52

3.97

3.92

3.64

Pershing Square Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													3.99	4.41	3.76	3.85	3.49

Competitive Comparison of Pershing Square Holdings's Effective Interest Rate on Debt %

For the Asset Management subindustry, Pershing Square Holdings'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.

Pershing Square Holdings's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pershing Square Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Pershing Square Holdings's Effective Interest Rate on Debt % falls into.

Pershing Square Holdings Effective Interest Rate on Debt % Calculation

Pershing Square Holdings'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 * -68.667	/	( (1915.038	+	1858.013)	/ 2 )
=	-1 * -68.667	/	1886.5255
=	3.64 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1915.038	+	0
=	1915.038

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1858.013	+	0
=	1858.013

Pershing Square Holdings'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 * -64.81	/	( (1859.463	+	1858.013)	/ 2 )
=	-1 * -64.81	/	1858.738
=	3.49 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1859.463	+	0
=	1859.463

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1858.013	+	0
=	1858.013

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.

Pershing Square Holdings (LSE:PSH) Effective Interest Rate on Debt % Explanation

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

Pershing Square Holdings Effective Interest Rate on Debt % Related Terms

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Pershing Square Holdings (LSE:PSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pershing Square Holdings Ltd (LSE:PSH) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

PSH:Netherlands PSHl:UK

Address

Les Banques, P.O. Box 255, Trafalgar Court, Channel Islands, Saint Peter Port, GGY, GY1 3QL

Website

https://www.pershingsquareholdings.com

Pershing Square Holdings Ltd is an open-ended investment scheme. The company's investment objective is to preserve capital and to seek maximum, long-term capital appreciation commensurate with reasonable risk. It seeks to achieve its investment objective through long and occasionally short positions in equity or debt securities of public U.S. and non-U.S. issuers, derivative instruments, and other financial instruments.