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DCT Industrial Trust (DCT Industrial Trust) Effective Interest Rate on Debt % : 3.66% (As of Jun. 2018)


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What is DCT Industrial Trust 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. DCT Industrial Trust's annualized positive value of Interest Expense for the quarter that ended in Jun. 2018 was $64.5 Mil. DCT Industrial Trust's average total debt for the quarter that ended in Jun. 2018 was $1,762.8 Mil. Therefore, DCT Industrial Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2018 was 3.66%.


DCT Industrial Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for DCT Industrial Trust'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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DCT Industrial Trust Effective Interest Rate on Debt % Chart

DCT Industrial Trust Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.36 4.43 3.65 4.02 3.94

DCT Industrial Trust 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 4.09 3.86 3.85 3.70 3.66

Competitive Comparison of DCT Industrial Trust's Effective Interest Rate on Debt %

For the REIT - Industrial subindustry, DCT Industrial Trust'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.


DCT Industrial Trust's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where DCT Industrial Trust's Effective Interest Rate on Debt % falls into.



DCT Industrial Trust Effective Interest Rate on Debt % Calculation

DCT Industrial Trust'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  *  -66.054/( (1628.928+1722.354)/ 2 )
=-1  *  -66.054/1675.641
=3.94 %

where

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1553.928 + 75
=1628.928

Total Debt  (A: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1488.354 + 234
=1722.354

DCT Industrial Trust'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  *  -64.532/( (1750.926+1774.756)/ 2 )
=-1  *  -64.532/1762.841
=3.66 %

where

Total Debt  (Q: Mar. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1750.926 + 0
=1750.926

Total Debt  (Q: Jun. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1774.756 + 0
=1774.756

* 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.


DCT Industrial Trust  (NYSE:DCT) Effective Interest Rate on Debt % Explanation

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


DCT Industrial Trust Effective Interest Rate on Debt % Related Terms

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DCT Industrial Trust (DCT Industrial Trust) Business Description

Industry
Traded in Other Exchanges
N/A
Address
DCT Industrial Trust Inc is a real estate investment trust engaged in the acquiring, leasing, and managing of large distribution and light industrial warehouses near large U.S. urban markets. The company segments its operations into East, Central, and West divisions. DCT's property portfolio is fairly evenly distributed amongst its three regional units both in terms of total square footage and the percent of total revenue derived from each. The largest cities in each region play host to the most buildings. The company generates nearly all of its revenue in the form of rental revenue from its fairly diversified base of tenants. Manufacturing, transportation and warehousing, and wholesale trade companies account for most of DCT's revenue and total occupied square feet.
Executives
Philip L Hawkins director, officer: President and CEO C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Marcus L. Smith director 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Mark Skomal officer: Chief Accounting Officer C/O CYRUSONE INC. 2850 N HARWOOD ST STE 2200 DALLAS TX 75201
Raymond B Greer director 1515 WEST 20TH STREET, P.O. BOX 612787, DFW INTERNATIONAL AIRPORT TX 75261
Thomas F August director 6214 PARK LANE, DALLAS TX 75225
Marilyn A Alexander director 565 DUNNEGAN DRIVE, LAGUNA BEACH CA 92651
Thomas G Wattles director, officer: Chairman ONE INDEPENDENT DRIVE, SUITE 114, JACKSONVILLE FL 32202
Stuart B Brown officer: Chief Financial Officer 518 17TH STREET, SUITE 1700, DENVER CO 80202