GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vastned Belgium (CHIX:VASTBb) » Definitions » Effective Interest Rate on Debt %

Vastned Belgium (CHIX:VASTBB) Effective Interest Rate on Debt % : 3.61% (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Vastned Belgium 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. Vastned Belgium's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €2.83 Mil. Vastned Belgium's average total debt for the quarter that ended in Mar. 2024 was €78.38 Mil. Therefore, Vastned Belgium's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.61%.


Vastned Belgium Effective Interest Rate on Debt % Historical Data

The historical data trend for Vastned Belgium'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.

Vastned Belgium Effective Interest Rate on Debt % Chart

Vastned Belgium Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.77 1.77 1.82 2.01

Vastned Belgium Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 2.29 1.85 2.01 2.35 3.61

Competitive Comparison of Vastned Belgium's Effective Interest Rate on Debt %

For the REIT - Retail subindustry, Vastned Belgium'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.


Vastned Belgium's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

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



Vastned Belgium Effective Interest Rate on Debt % Calculation

Vastned Belgium's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -1.652/( (83.112+81.214)/ 2 )
=-1  *  -1.652/82.163
=2.01 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=82.943 + 0.169
=83.112

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=66.03 + 15.184
=81.214

Vastned Belgium'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: Sep. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -2.828/( (81.83+74.927)/ 2 )
=-1  *  -2.828/78.3785
=3.61 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.487 + 81.343
=81.83

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=74.805 + 0.122
=74.927

* 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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Vastned Belgium  (CHIX:VASTBb) Effective Interest Rate on Debt % Explanation

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


Vastned Belgium Effective Interest Rate on Debt % Related Terms

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


Vastned Belgium (CHIX:VASTBB) Business Description

Industry
Traded in Other Exchanges
Address
Generaal Lemanstraat 74, Berchem, BEL, 2600
Vastned Belgium is a Belgium-based property investment company. Principally, it invests in Belgian commercial real estate, prime retail properties located on the shopping streets in the cities of Antwerp, Brussels, Ghent and Bruges, inner-city shops, high-end retail parks and retail warehouses.

Vastned Belgium (CHIX:VASTBB) Headlines

No Headlines