Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Effective Interest Rate on Debt % : 3.80% (As of Jun. 2022)

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What is Bluerock Residential Growth REIT 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. Bluerock Residential Growth REIT's annualized positive value of Interest Expense for the quarter that ended in Jun. 2022 was $53.5 Mil. Bluerock Residential Growth REIT's average total debt for the quarter that ended in Jun. 2022 was $1,406.9 Mil. Therefore, Bluerock Residential Growth REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 was 3.80%.

Bluerock Residential Growth REIT Effective Interest Rate on Debt % Historical Data

The historical data trend for Bluerock Residential Growth REIT'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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Bluerock Residential Growth REIT Effective Interest Rate on Debt % Chart

Bluerock Residential Growth REIT Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Effective Interest Rate on Debt %

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3.67

4.62

4.36

3.73

3.60

Bluerock Residential Growth REIT Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.72	3.67	3.74	3.38	3.80

Competitive Comparison of Bluerock Residential Growth REIT's Effective Interest Rate on Debt %

For the REIT - Residential subindustry, Bluerock Residential Growth REIT'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.

Bluerock Residential Growth REIT's Effective Interest Rate on Debt % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Bluerock Residential Growth REIT's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Bluerock Residential Growth REIT's Effective Interest Rate on Debt % falls into.

Bluerock Residential Growth REIT Effective Interest Rate on Debt % Calculation

Bluerock Residential Growth REIT's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * -52.701	/	( (1562.705	+	1364.991)	/ 2 )
=	-1 * -52.701	/	1463.848
=	3.60 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1562.705	+	0
=	1562.705

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1364.991	+	0
=	1364.991

Bluerock Residential Growth REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2022 )	+	Total Debt (Q: Jun. 2022 ))	/ count )
=	-1 * -53.492	/	( (1371.29	+	1442.483)	/ 2 )
=	-1 * -53.492	/	1406.8865
=	3.80 %

where

	Total Debt (Q: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1371.29	+	0
=	1371.29

	Total Debt (Q: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1442.483	+	0
=	1442.483

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. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Bluerock Residential Growth REIT (AMEX:BRG) Effective Interest Rate on Debt % Explanation

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

Bluerock Residential Growth REIT Effective Interest Rate on Debt % Related Terms

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Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Bluerock Residential Growth REIT Inc (AMEX:BRG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

UMH CSR VRE AIV NXRT BRT CLPR IRT AVB EQR INVH MAA SUI ESS UDR CPT ELS AMH ACC AIRC

Traded in Other Exchanges

N/A

Address

1345 Avenue of the Americas, 32nd Floor, New York, NY, USA, 10105

Website

https://bluerockresidential.com

Bluerock Residential Growth REIT Inc is a real estate investment trust (or REIT). The company's objective is to maximize long-term stockholder value by acquiring well-located institutional-quality apartment properties in demographically attractive growth markets across the United States. Its property portfolios include Alexan CityCentre, Alexan Southside, Arium Grandewood, Arium Palmer Ranch, and others.

Executives

Romano Tio	director	1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Michael Difranco	officer: Executive VP, Operations	712 FIFTH AVENUE, SUITE 900, NEW YORK NY 10019
Christopher J. Vohs	officer: Chief Financial Officer	27777 FRANKLIN RD SUITE 900, SOUTHFIELD MI 48034
Ryan S Macdonald	officer: Chief Acquisitions Officer	712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10012
Ramin Kamfar	director, officer: Chairman and CEO	1345 AVENUE OF THE AMERICAS, 32 FLOOR, NEW YORK NY 10105
Michael L. Konig	officer: See Remarks	712 FIFTH AVENUE 9TH FLOOR NEW YORK NY 10019
Jordan B. Ruddy	officer: See Remarks	1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Babb James G. Iii	officer: Chief Investment Officer	712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Kamal Jafarnia	director	7201 REGENCY COURT, PLANO TX 75024
I. Bobby Majumder	director	1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Elizabeth Scott Harrison	director	390 WEST END AVENUE, APARTMENT 3F, NEW YORK NY 10024
Gary Kachadurian	director, officer: Chief Investment Officer	620 NEWPORT CENTER DRIVE SUITE 1300 NEWPORT BEACH CA 92660
Bluerock Special Opportunity & Income Fund Ii, Llc	10 percent owner	C/O BLUEROCK REAL ESTATE, L.L.C. 70 EAST 55TH STREET, 9TH FLOOR NEW YORK NY 10022
Brian D. Bailey	director	C/O CARMICHAEL INVESTMENT PARTNERS LLC, 4725 PIEDMONT ROW DRIVE, SUITE 210, CHARLOTTE NC 28210
Randy I Anderson	officer: Chief Executive Officer	GRIFFIN CAPITAL PLAZA 1520 GRAND AVENUE EL SEGUNDO CA 90245