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Chambers Street Properties (Chambers Street Properties) Effective Interest Rate on Debt % : 3.60% (As of Jun. 2018)


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What is Chambers Street Properties 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. Chambers Street Properties's annualized positive value of Interest Expense for the quarter that ended in Jun. 2018 was $102.4 Mil. Chambers Street Properties's average total debt for the quarter that ended in Jun. 2018 was $2,841.7 Mil. Therefore, Chambers Street Properties's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2018 was 3.60%.


Chambers Street Properties Effective Interest Rate on Debt % Historical Data

The historical data trend for Chambers Street Properties'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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Chambers Street Properties Effective Interest Rate on Debt % Chart

Chambers Street Properties Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 0.16 1.75 2.54 3.20 3.64

Chambers Street Properties Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 3.79 3.63 3.62 3.60 3.60

Competitive Comparison of Chambers Street Properties's Effective Interest Rate on Debt %

For the REIT - Industrial subindustry, Chambers Street Properties'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.


Chambers Street Properties's Effective Interest Rate on Debt % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Chambers Street Properties's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Chambers Street Properties's Effective Interest Rate on Debt % falls into.



Chambers Street Properties Effective Interest Rate on Debt % Calculation

Chambers Street Properties's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2016 )+Total Debt  (A: Dec. 2017 ))/ count )
=-1  *  -96.852/( (2454.775+2865.62)/ 2 )
=-1  *  -96.852/2660.1975
=3.64 %

where

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2454.775 + 0
=2454.775

Total Debt  (A: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2865.62 + 0
=2865.62

Chambers Street Properties's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2018 )+Total Debt  (Q: Jun. 2018 ))/ count )
=-1  *  -102.388/( (2797.144+2886.308)/ 2 )
=-1  *  -102.388/2841.726
=3.60 %

where

Total Debt  (Q: Mar. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2797.144 + 0
=2797.144

Total Debt  (Q: Jun. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2886.308 + 0
=2886.308

* 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 (Jun. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Chambers Street Properties  (NYSE:CSG) Effective Interest Rate on Debt % Explanation

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


Chambers Street Properties Effective Interest Rate on Debt % Related Terms

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Chambers Street Properties (Chambers Street Properties) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Gramercy Property Trust is a real estate investment trust engaged in acquisition and management of single-tenant industrial, office, and specialty properties in the U.S. and Europe. In terms of total value, the vast majority of the company's real estate portfolio is split between offices and industrial properties, such as warehouses and distribution centers, located in urban markets throughout the U.S. Gramercy Property derives nearly all of its income in the form of rental revenue from tenants signed to medium- to long-term leases. The company's assets are fairly evenly dispersed between America's large metropolitan areas, such as Dallas, Los Angeles, New York, and Chicago. Gramercy's major tenants include firms from the financial, healthcare, consumer product, and technology industries.
Executives
Gregory F Hughes director
Charles E Black director 101 W. BROADWAY, SUITE 840, SAN DIEGO CA 92101
Allan Baum director 126 PIERREPONT STREET #3, BROOKLYN NY 11201
Louis P Salvatore director 7 SYLVAN WAY, PARSIPPANY NJ 07054
Jeffrey E Kelter director C/O JACK CREEK INVESTMENT CORP., 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
James L Francis director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Z Jamie Behar director 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Thomas D Eckert director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Gordon F Dugan director, officer: Chief Executive Officer 50 ROCKEFELLER PLZ, 2ND FLOOR, NEW YORK NY 10020
Matey Edward J Jr officer: EVP, Secretary + Gen. Counsel
Benjamin P Harris officer: President WP CAREY & CO LLC, 50 ROCKEFELLER PLAZA, NEW YORK NY 10020
Jon W. Clark officer: Chief Financial Officer 420 LEXINGTON AVE., NEW YORK NY 10170
Nicholas L. Pell officer: Chief Investment Officer 521 5TH AVENUE, 30TH FLOOR, NEW YORK NY 10175
Martin A Reid director, officer: Interim President & CEO, & CFO 1929 WEST JOPPA ROAD, RUXTON MD 21204
Philip L Kianka officer: COO & Executive VP 17 HULFISH STREET, SUITE 280, PRINCETON NJ 08542