Fund Estates REIT (XBUL:FUES) Effective Interest Rate on Debt % : 6.07% (As of Dec. 2023)

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What is Fund Estates 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. Fund Estates REIT's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was лв1.69 Mil. Fund Estates REIT's average total debt for the quarter that ended in Dec. 2023 was лв27.83 Mil. Therefore, Fund Estates REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.07%.

Fund Estates REIT Effective Interest Rate on Debt % Historical Data

The historical data trend for Fund Estates 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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Fund Estates REIT Effective Interest Rate on Debt % Chart

Fund Estates REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.08

1.96

1.85

2.56

5.27

Fund Estates REIT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.98	4.81	5.70	6.13	6.07

Competitive Comparison of Fund Estates REIT's Effective Interest Rate on Debt %

For the REIT - Diversified subindustry, Fund Estates 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.

Fund Estates REIT's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

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

Fund Estates REIT Effective Interest Rate on Debt % Calculation

Fund Estates 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 * -1.525	/	( (28.359	+	29.559)	/ 2 )
=	-1 * -1.525	/	28.959
=	5.27 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25.942	+	2.417
=	28.359

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	26.927	+	2.632
=	29.559

Fund Estates 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 * -1.688	/	( (26.093	+	29.559)	/ 2 )
=	-1 * -1.688	/	27.826
=	6.07 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22.931	+	3.162
=	26.093

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	26.927	+	2.632
=	29.559

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.

Fund Estates REIT (XBUL:FUES) Effective Interest Rate on Debt % Explanation

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

Fund Estates REIT Effective Interest Rate on Debt % Related Terms

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Fund Estates REIT (XBUL:FUES) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bul. Tsarigradsko shose 159, Sofia, BGR, 1784

Website

http://www.fundestates.bg

Fund Estates REIT is engaged in the securitization of real estate. The scope of activity of the company includes fundraising through the issuance of securities and subsequent investment of the raised funds in real estate and real rights on real estates, construction works, improvements and furnishing in the latter, in order to provide them with management, rent, lease or lease and/or subsequent sale.

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