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KBS Real Estate Investment Trust III (KBS Real Estate Investment Trust III) Effective Interest Rate on Debt % : 7.85% (As of Mar. 2024)


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What is KBS Real Estate Investment Trust III 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. KBS Real Estate Investment Trust III's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $129.8 Mil. KBS Real Estate Investment Trust III's average total debt for the quarter that ended in Mar. 2024 was $1,654.6 Mil. Therefore, KBS Real Estate Investment Trust III's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.85%.


KBS Real Estate Investment Trust III Effective Interest Rate on Debt % Historical Data

The historical data trend for KBS Real Estate Investment Trust III'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.

KBS Real Estate Investment Trust III Effective Interest Rate on Debt % Chart

KBS Real Estate Investment Trust III 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 6.27 2.95 2.42 3.85 7.08

KBS Real Estate Investment Trust III 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 6.38 6.92 7.25 7.73 7.85

Competitive Comparison of KBS Real Estate Investment Trust III's Effective Interest Rate on Debt %

For the REIT - Office subindustry, KBS Real Estate Investment Trust III'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.


KBS Real Estate Investment Trust III's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where KBS Real Estate Investment Trust III's Effective Interest Rate on Debt % falls into.



KBS Real Estate Investment Trust III Effective Interest Rate on Debt % Calculation

KBS Real Estate Investment Trust III'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  *  -120.475/( (1667.288+1735.896)/ 2 )
=-1  *  -120.475/1701.592
=7.08 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1667.288 + 0
=1667.288

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1735.896 + 0
=1735.896

KBS Real Estate Investment Trust III'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  *  -129.808/( (1735.896+1573.286)/ 2 )
=-1  *  -129.808/1654.591
=7.85 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1735.896 + 0
=1735.896

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1573.286 + 0
=1573.286

* 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.


KBS Real Estate Investment Trust III  (OTCPK:KBSR) Effective Interest Rate on Debt % Explanation

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


KBS Real Estate Investment Trust III Effective Interest Rate on Debt % Related Terms

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KBS Real Estate Investment Trust III (KBS Real Estate Investment Trust III) Business Description

Traded in Other Exchanges
N/A
Address
800 Newport Center Drive, Suite 700, Newport Beach, CA, USA, 92660
KBS Real Estate Investment Trust III Inc is a real estate investment trust. The company invests in a diverse portfolio of real estate properties. It holds investments in office properties and mixed-use office/retail properties. The investment objective is to preserve and return stockholders capital contributions and to provide the stockholders with attractive and stable cash distributions.
Executives
Robert Milkovich director 7600 WISCONSIN AVENUE, 11TH FLOOR, BETHESDA MD 20814
Marc Deluca director 7297 HIGHLAND ESTATES PLACE, FALLS CHURCH VA 22043
Ron D. Sturzenegger director 101 CALIFORNIA STREET, SUITE 1750, SAN FRANCISCO CA 94111
Jeffrey A. Dritley director C/O KBS REALTY ADVISORS, 800 NEWPORT CENTER DRIVE, SUITE 700, NEWPORT BEACH CA 92660
Jeff Waldvogel officer: Chief Financial Officer C/O KBS REALTY ADVISORS, 800 NEWPORT CENTER DRIVE, SUITE 700, NEWPORT BEACH CA 92660
Stuart A Gabriel director 155 N. LAKE AVENUE, PASADENA CA 91101
Peter Mcmillan director, officer: Executive Vice President
Barbara R Cambon director 17140 BERNARDO CENTER DRIVE, SUITE 195, SAN DIEGO CA 92128
Hank Adler director 6 HUTTON CENTRE DRIVE, SUITE 400, SANTA ANA CA 92707
David E Snyder officer: Chief Financial Officer 610 NEWPORT CENTER DRIVE, SUITE 1150, NEWPORT BEACH CA 92660
Schreiber Charles J Jr director, officer: Chief Executive Officer 620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Peter M Bren officer: President 620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Stacie K Yamane officer: Chief Accounting Officer 620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Keith D Hall officer: Executive Vice President 620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660

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