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Jones Lang LaSalle (Jones Lang LaSalle) Effective Interest Rate on Debt % : 3.76% (As of Dec. 2023)


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What is Jones Lang LaSalle 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. Jones Lang LaSalle's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $126 Mil. Jones Lang LaSalle's average total debt for the quarter that ended in Dec. 2023 was $3,347 Mil. Therefore, Jones Lang LaSalle's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.76%.


Jones Lang LaSalle Effective Interest Rate on Debt % Historical Data

The historical data trend for Jones Lang LaSalle'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.

Jones Lang LaSalle Effective Interest Rate on Debt % Chart

Jones Lang LaSalle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 1.81 1.40 2.61 4.33

Jones Lang LaSalle Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.03 2.82 3.80 3.81 3.76

Competitive Comparison of Jones Lang LaSalle's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Jones Lang LaSalle'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.


Jones Lang LaSalle's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jones Lang LaSalle's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Jones Lang LaSalle's Effective Interest Rate on Debt % falls into.



Jones Lang LaSalle Effective Interest Rate on Debt % Calculation

Jones Lang LaSalle'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  *  -135.4/( (3138.3+3116.9)/ 2 )
=-1  *  -135.4/3127.6
=4.33 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2362.4 + 775.9
=3138.3

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2144.4 + 972.5
=3116.9

Jones Lang LaSalle'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -126/( (3576.4+3116.9)/ 2 )
=-1  *  -126/3346.65
=3.76 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2725.4 + 851
=3576.4

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2144.4 + 972.5
=3116.9

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


Jones Lang LaSalle  (NYSE:JLL) Effective Interest Rate on Debt % Explanation

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


Jones Lang LaSalle Effective Interest Rate on Debt % Related Terms

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Jones Lang LaSalle (Jones Lang LaSalle) Business Description

Industry
Traded in Other Exchanges
Address
200 East Randolph Drive, Chicago, IL, USA, 60601
Jones Lang LaSalle provides a wide range of real estate-related services to owners, occupiers, and investors worldwide, including leasing, property and project management, and capital markets advisory. JLL's investment management arm, LaSalle Investment Management, manages over $70 billion for clients across diverse public and private real estate strategies.
Executives
Andrew W Poppink officer: CEO, Markets Advisory 200 E. RANDOLPH, CHICAGO IL 60601
Moses Ifidon Ojeisekhoba director 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Laura M. Adams officer: Chief Human Resources Officer 200 E. RANDOLPH, CHICAGO IL 60601
Larry Quinlan director 2225 LAWSON LANE, SANTA CLARA CA 95054
Mark Gabbay officer: CEO LaSalle Investment Mgmt 200 E. RANDOLPH, CHICAGO IL 60601
Benjamin G. Hawke officer: Chief Accounting Officer 200 E. RANDOLPH, CHICAGO IL 60601
Efrain Rivera director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Louis F Bowers officer: Global Controller 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Kylie L Kendrick officer: Chief Operating Officer 200 E. RANDOLPH, CHICAGO IL 60601
Tina L. Ju director 200 E. RANDOLPH, CHICAGO IL 60601
Richard Bloxam officer: Global Head, Capital Markets 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Jeff A Jacobson officer: CEO, LaSalle Investment Mgmt 200 E. RANDOLPH DR., CHICAGO IL 60601
Karen G Brennan officer: Chief Financial Officer 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Yishai Lerner officer: Co-CEO JLL Technologies 200 E. RANDOLPH STREET, CHICAGO IL 60601
Mihir Shah officer: Co-CEO JLL Technologies 200 E. RANDOLPH STREET, CHICAGO IL 60601