Pebblebrook Hotel Trust (Pebblebrook Hotel Trust) Effective Interest Rate on Debt % : 4.02% (As of Mar. 2024)

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What is Pebblebrook Hotel 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. Pebblebrook Hotel Trust's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $104 Mil. Pebblebrook Hotel Trust's average total debt for the quarter that ended in Mar. 2024 was $2,584 Mil. Therefore, Pebblebrook Hotel Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.02%.

Pebblebrook Hotel Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for Pebblebrook Hotel 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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Pebblebrook Hotel Trust Effective Interest Rate on Debt % Chart

Pebblebrook Hotel Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.87

3.86

3.28

3.05

4.02

Pebblebrook Hotel Trust 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															3.78	4.08	4.19	3.91	4.02

Competitive Comparison of Pebblebrook Hotel Trust's Effective Interest Rate on Debt %

For the REIT - Hotel & Motel subindustry, Pebblebrook Hotel 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.

Pebblebrook Hotel Trust's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

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

Pebblebrook Hotel Trust Effective Interest Rate on Debt % Calculation

Pebblebrook Hotel Trust'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 * -107.556	/	( (2707.695	+	2640.418)	/ 2 )
=	-1 * -107.556	/	2674.0565
=	4.02 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2200.095	+	507.6
=	2707.695

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2180.418	+	460
=	2640.418

Pebblebrook Hotel Trust'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 * -103.784	/	( (2640.418	+	2527.3)	/ 2 )
=	-1 * -103.784	/	2583.859
=	4.02 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2180.418	+	460
=	2640.418

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2483.952	+	43.348
=	2527.3

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.

Pebblebrook Hotel Trust (NYSE:PEB) Effective Interest Rate on Debt % Explanation

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

Pebblebrook Hotel Trust Effective Interest Rate on Debt % Related Terms

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Pebblebrook Hotel Trust (Pebblebrook Hotel Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Pebblebrook Hotel Trust (NYSE:PEB) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

PEBpG.PFD:USA PEBPE.PFD:USA PEBpF.PFD:USA

Address

4747 Bethesda Avenue, Suite 1100, Bethesda, MD, USA, 20814

Website

https://www.pebblebrookhotels.com

Pebblebrook Hotel Trust currently owns upper-upscale and luxury hotels with 12,134 rooms across 47 hotels in the United States. Pebblebrook acquired LaSalle Hotel Properties, which owned 10,451 rooms across 41 U.S. hotels, in December 2018, though management has sold many of those hotels over the past few years. Pebblebrook's portfolio consists mostly of independent hotels with no brand affiliations, though the combined company does own and operate some hotels under Marriott, Starwood, InterContinental, Hilton, and Hyatt brands.

Executives

Jon E Bortz	director, 10 percent owner, officer: Chairman, President and CEO	4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Phillip M. Miller	director	2 BETHESDA METRO CENTER, SUITE 1530, BETHESDA MD 20814
Raymond D Martz	officer: Executive VP, and CFO	4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Thomas Charles Fisher	officer: CIO	4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Bonny W Simi	director	4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Cydney Donnell	director	MAYS BUSINESS SCHOOL AT TEXAS A&M UNIV, DEPARTMENT OF FINANCE, 306 WEHNER BLDG, COLLEGE STATION TX 77843-4218
Ron E. Jackson	director	10319 WESTLAKE DRIVE, SUITE 112, BETHESDA MD 20817
Michael J Schall	director	C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Martin H. Nesbitt	director	10319 WESTLAKE DRIVE, SUITE 112, BETHESDA MD 20817
Laura Wright	director	2702 LOVE FIELD DRIVE, P.O. BOX 36611, DALLAS TX 75235-1611
Earl E Webb	director	AVISON YOUNG, 400 SKOKIE BLVD., SUITE 825, NORTHBROOK IL 60062