Bulgarian Real Estate Fund REIT (XBUL:BREF) Effective Interest Rate on Debt % : 3.39% (As of Dec. 2023)

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What is Bulgarian Real Estate Fund 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. Bulgarian Real Estate Fund REIT's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was лв1.06 Mil. Bulgarian Real Estate Fund REIT's average total debt for the quarter that ended in Dec. 2023 was лв31.40 Mil. Therefore, Bulgarian Real Estate Fund REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.39%.

Bulgarian Real Estate Fund REIT Effective Interest Rate on Debt % Historical Data

The historical data trend for Bulgarian Real Estate Fund 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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Bulgarian Real Estate Fund REIT Effective Interest Rate on Debt % Chart

Bulgarian Real Estate Fund REIT Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec22

Dec23

Effective Interest Rate on Debt %

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3.19

3.23

3.63

4.32

2.89

Bulgarian Real Estate Fund REIT Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.49	2.32	2.42	3.36	3.39

Competitive Comparison of Bulgarian Real Estate Fund REIT's Effective Interest Rate on Debt %

For the REIT - Diversified subindustry, Bulgarian Real Estate Fund 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.

Bulgarian Real Estate Fund REIT's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where Bulgarian Real Estate Fund REIT's Effective Interest Rate on Debt % falls into.

Bulgarian Real Estate Fund REIT Effective Interest Rate on Debt % Calculation

Bulgarian Real Estate Fund REIT'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 * -0.954	/	( (34.719	+	31.255)	/ 2 )
=	-1 * -0.954	/	32.987
=	2.89 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	30.334	+	4.385
=	34.719

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	26.586	+	4.669
=	31.255

Bulgarian Real Estate Fund REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -1.064	/	( (31.552	+	31.255)	/ 2 )
=	-1 * -1.064	/	31.4035
=	3.39 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	27.043	+	4.509
=	31.552

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	26.586	+	4.669
=	31.255

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Bulgarian Real Estate Fund REIT (XBUL:BREF) Effective Interest Rate on Debt % Explanation

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

Bulgarian Real Estate Fund REIT Effective Interest Rate on Debt % Related Terms

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Bulgarian Real Estate Fund REIT (XBUL:BREF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Bulgarian Real Estate Fund REIT (XBUL:BREF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3A Nikolay Haytov Street, Floor 1, Sofia, BGR, 1113

Website

http://www.brefbg.com

Bulgarian Real Estate Fund REIT operates Bulgarian real estate fund. The fund invests in diversified portfolio of office, retail, industrial, residential, and agricultural real estate. The investment objective of the fund is to provide its shareholders with a combination of current income and long-term appreciation of the common stock value. The fund's rental income is generated from external customers located in Bulgaria. Maximum money of the customers is allotted in the business segment of the fund.

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