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MSCome Fund (MSCome Fund) Effective Interest Rate on Debt % : 7.73% (As of Mar. 2024)


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What is MSCome Fund 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. MSCome Fund's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $38.20 Mil. MSCome Fund's average total debt for the quarter that ended in Mar. 2024 was $494.38 Mil. Therefore, MSCome Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.73%.


MSCome Fund Effective Interest Rate on Debt % Historical Data

The historical data trend for MSCome Fund'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.

MSCome Fund Effective Interest Rate on Debt % Chart

MSCome Fund Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 5.38 4.61 3.60 5.02 7.63

MSCome Fund Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.07 7.39 7.58 7.96 7.73

Competitive Comparison of MSCome Fund's Effective Interest Rate on Debt %

For the Asset Management subindustry, MSCome Fund'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.


MSCome Fund's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

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

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



MSCome Fund Effective Interest Rate on Debt % Calculation

MSCome Fund'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  *  -36.458/( (470.544+484.843)/ 2 )
=-1  *  -36.458/477.6935
=7.63 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=470.544 + 0
=470.544

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=484.843 + 0
=484.843

MSCome Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -38.196/( (484.843+503.917)/ 2 )
=-1  *  -38.196/494.38
=7.73 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=484.843 + 0
=484.843

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=503.917 + 0
=503.917

* 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 four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


MSCome Fund  (OTCPK:MSCF) Effective Interest Rate on Debt % Explanation

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


MSCome Fund Effective Interest Rate on Debt % Related Terms

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MSCome Fund (MSCome Fund) Business Description

Traded in Other Exchanges
N/A
Address
1300 Post Oak Boulevard, 8th Floor, Houston, TX, USA, 77056
MSC Income Fund Inc is a non-diversified closed-end management investment company. The investment objective is to generate current income through debt and equity investments and the secondary objective is to generate long-term capital appreciation through such investments. The company invests in senior secured term loans, second lien loans, and mezzanine debt and selected equity investments issued by lower middle-market and middle-market companies.
Executives
Adam W Park officer: Chief Compliance Officer 1300 POST OAK BLVD, 8TH FLOOR, HOUSTON TX 77056
Dwayne L. Hyzak director, officer: CEO, SMD 1300 POST OAK BOULEVARD, SUITE 800, HOUSTON TX 77056
Jesse E Morris officer: EVP, COO and SMD 2800 POST OAK BLVD., STE. 2600, HOUSTON TX 77056
David L. Magdol officer: President, CIO and SMD 1300 POST OAK BOULEVARD, SUITE 800, HOUSTON TX 77056
Brent D. Smith officer: CFO, Treasurer 2500 CITYWEST BOULEVARD, SUITE 2200, HOUSTON TX 77042
Robert L. Kay director 1300 POST OAK BLVD. 8TH FLOOR, HOUSTON TX 77056
Jason B Beauvais officer: SVP, GC, CCO, Secretary 1300 POST OAK BOULEVARD, SUITE 800, HOUSTON TX 77056
Jeffrey B. Walker director 1300 POST OAK BLVD. 8TH FLOOR, HOUSTON TX 77056
Gilbert Cory officer: CAO and Assistant Treasurer C/O OHA INVESTMENT CORPORATION, 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Jeffrey Scott Folkerts officer: Chief Acctg Officr & Treasurer 5339 TYLER PARK LANE, KATY TX 77494
Alejandro Omar Palomo officer: Chief Investment Officer 9310 MEMORIAL DR, HOUSTON TX 77024
Janice E. Walker officer: President HINES GLOBAL INCOME TRUST, INC., 2800 POST OAK BLVD. SUITE 5000, HOUSTON TX 77056
David Matthew Covington officer: Chief Accounting Officer 2800 POST OAK BOULEVARD, SUITE 5000, HOUSTON TX 77056
Sherri W Schugart director, officer: Chairman, CEO and President 2800 POST OAK BOULEVARD, SUITE 5000, HOUSTON TX 77056-6118
Nicholas Meserve director 1300 POST OAK BLVD., STE 800, HOUSTON TX 77056

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