Vestin Realty Mortgage II (Vestin Realty Mortgage II) Effective Interest Rate on Debt % : 3.48% (As of Sep. 2016)

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What is Vestin Realty Mortgage II 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. Vestin Realty Mortgage II's annualized positive value of Interest Expense for the quarter that ended in Sep. 2016 was $0.00 Mil. Vestin Realty Mortgage II's average total debt for the quarter that ended in Sep. 2016 was $0.12 Mil. Therefore, Vestin Realty Mortgage II's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2016 was 3.48%.

Vestin Realty Mortgage II Effective Interest Rate on Debt % Historical Data

The historical data trend for Vestin Realty Mortgage II'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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Vestin Realty Mortgage II Effective Interest Rate on Debt % Chart

Vestin Realty Mortgage II Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Effective Interest Rate on Debt %

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16.91

12.00

20.83

13.04

Vestin Realty Mortgage II Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.65	5.48	-	5.48	3.48

Competitive Comparison of Vestin Realty Mortgage II's Effective Interest Rate on Debt %

For the Mortgage Finance subindustry, Vestin Realty Mortgage II'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.

Vestin Realty Mortgage II's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Vestin Realty Mortgage II's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Vestin Realty Mortgage II's Effective Interest Rate on Debt % falls into.

Vestin Realty Mortgage II Effective Interest Rate on Debt % Calculation

Vestin Realty Mortgage II's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2014 )	+	Total Debt (A: Dec. 2015 ))	/ count )
=	-1 * -0.003	/	( (0.023	+	0)	/ 1 )
=	-1 * -0.003	/	0.023
=	13.04 %

where

	Total Debt (A: Dec. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.023	+	0
=	0.023

	Total Debt (A: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

Vestin Realty Mortgage II's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2016 )	+	Total Debt (Q: Sep. 2016 ))	/ count )
=	-1 * -0.004	/	( (0.146	+	0.084)	/ 2 )
=	-1 * -0.004	/	0.115
=	3.48 %

where

	Total Debt (Q: Jun. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.146	+	0
=	0.146

	Total Debt (Q: Sep. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.084	+	0
=	0.084

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 (Sep. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Vestin Realty Mortgage II (OTCPK:VRTB) Effective Interest Rate on Debt % Explanation

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

Vestin Realty Mortgage II Effective Interest Rate on Debt % Related Terms

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Vestin Realty Mortgage II (Vestin Realty Mortgage II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Vestin Realty Mortgage II Inc (OTCPK:VRTB) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9130 W. Post Road, Suite 130, Las Vegas, NV, USA, 89148

Website

http://www.vestinrealtymortgage2.com

Vestin Realty Mortgage II Inc is active in the financial services domain. The company invests in loans secured by real estate through deeds of trust or mortgages. It also invests in, acquires, manages and sells the real property and acquires entities involved in the ownership or management of the real property. Vestin functions through two segments; Investments in Real Estate Loans, and Investments in equity securities of publicly traded companies.