GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Asia Properties Inc (OTCPK:ASPZ) » Definitions » Effective Interest Rate on Debt %

Asia Properties (Asia Properties) Effective Interest Rate on Debt % : 20.34% (As of Sep. 2017)


View and export this data going back to . Start your Free Trial

What is Asia Properties 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. Asia Properties's annualized positive value of Interest Expense for the quarter that ended in Sep. 2017 was $0.01 Mil. Asia Properties's average total debt for the quarter that ended in Sep. 2017 was $0.06 Mil. Therefore, Asia Properties's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2017 was 20.34%.


Asia Properties Effective Interest Rate on Debt % Historical Data

The historical data trend for Asia Properties'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.

* Premium members only.

Asia Properties Effective Interest Rate on Debt % Chart

Asia Properties Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 18.00 18.35

Asia Properties Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.34 20.00 20.17 20.00 20.34

Competitive Comparison of Asia Properties's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Asia Properties'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.


Asia Properties's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Asia Properties's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Asia Properties's Effective Interest Rate on Debt % falls into.



Asia Properties Effective Interest Rate on Debt % Calculation

Asia Properties's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2015 )+Total Debt  (A: Dec. 2016 ))/ count )
=-1  *  -0.01/( (0.05+0.059)/ 2 )
=-1  *  -0.01/0.0545
=18.35 %

where

Asia Properties's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2017 )+Total Debt  (Q: Sep. 2017 ))/ count )
=-1  *  -0.012/( (0.06+0.058)/ 2 )
=-1  *  -0.012/0.059
=20.34 %

where

* 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.

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. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Asia Properties  (OTCPK:ASPZ) Effective Interest Rate on Debt % Explanation

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


Asia Properties Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Asia Properties's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Asia Properties (Asia Properties) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1621 Central Avenue, Cheyenne, WY, USA, 82001
Asia Properties Inc is a development stage company. The company is seeking opportunities to invest in real estate.
Executives
Daniel S Mckinney director, officer: President, CEO TWO IFC, 19TH FLOOR, 8 FINANCE STREET, CENTRAL, HONG KONG F4 000000

Asia Properties (Asia Properties) Headlines

From GuruFocus

ASPZ Updates Website

By ACCESSWIRE ACCESSWIRE 11-08-2021

ASPZ Updates Shareholders

By ACCESSWIRE ACCESSWIRE 07-06-2021

ASPZ Is Now Pink Current

By ACCESSWIRE ACCESSWIRE 09-24-2021

ASPZ Updates Shareholders on OTC Listing

By ACCESSWIRE ACCESSWIRE 07-16-2021

ASPZ Buys Bering Sea Clinker To Produce NFT

By ACCESSWIRE ACCESSWIRE 08-31-2021

ASPZ Updates Shareholders

By ACCESSWIRE ACCESSWIRE 02-07-2022

ASPZ Forms Asia Gold LLC in Alaska

By ACCESSWIRE ACCESSWIRE 08-09-2021