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Caplease, (FRA:DBJ) Effective Interest Rate on Debt % : 9.08% (As of Jun. 2013)


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What is Caplease, 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. Caplease,'s annualized positive value of Interest Expense for the quarter that ended in Jun. 2013 was €49.1 Mil. Caplease,'s average total debt for the quarter that ended in Jun. 2013 was €541.4 Mil. Therefore, Caplease,'s annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2013 was 9.08%.


Caplease, Effective Interest Rate on Debt % Historical Data

The historical data trend for Caplease,'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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Caplease, Effective Interest Rate on Debt % Chart

Caplease, Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.10 5.14 5.84 5.79 5.60

Caplease, Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 10.24 9.61 5.49 5.48 9.08

Competitive Comparison of Caplease,'s Effective Interest Rate on Debt %

For the REIT - Office subindustry, Caplease,'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.


Caplease,'s Effective Interest Rate on Debt % Distribution in the REITs Industry

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

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



Caplease, Effective Interest Rate on Debt % Calculation

Caplease,'s annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2012 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2011 )+Total Debt  (A: Dec. 2012 ))/ count )
=-1  *  -51.158/( (909.861+916.143)/ 2 )
=-1  *  -51.158/913.002
=5.60 %

where

Total Debt  (A: Dec. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=909.861 + 0
=909.861

Total Debt  (A: Dec. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=916.143 + 0
=916.143

Caplease,'s annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2013 )+Total Debt  (Q: Jun. 2013 ))/ count )
=-1  *  -49.148/( (921.645+161.183)/ 2 )
=-1  *  -49.148/541.414
=9.08 %

where

Total Debt  (Q: Mar. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=826.308 + 95.337
=921.645

Total Debt  (Q: Jun. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=38.006 + 123.177
=161.183

* 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 (Jun. 2013) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Caplease,  (FRA:DBJ) Effective Interest Rate on Debt % Explanation

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


Caplease, Effective Interest Rate on Debt % Related Terms

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Caplease, (FRA:DBJ) Business Description

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Address
CapLease, Inc. was incorporated in Maryland. The Company completed its initial public offering in March 2004. It is a real estate investment trust, or REIT, that invests mainly in single tenant commercial real estate assets subject to long-term leases to high credit quality tenants. It focuses on properties that are subject to a net lease, or a lease that requires the tenant to pay all or substantially all expenses normally associated with the ownership of the property, such as utilities, real estate taxes, insurance and routine maintenance. The Company also has made and expects to continue to make investments in single tenant properties where the owner has exposure to property expenses when it determines it could sufficiently underwrite that exposure and isolate a predictable cash flow. The Company has two complimentary business lines: owning single tenant properties and making first mortgage loans and other debt investments on single tenant properties. It conducts its business through a number of subsidiaries. The Company owns most of its owned properties through its predecessor and operating partnership, Caplease, LP (the 'Operating Partnership'). It is the indirect sole general partner of, and owns approximately 99.6% of the common equity of, the Operating Partnership. The Company is subject to competition in each of its business segments. It competes with specialty finance companies, insurance companies, commercial banks, investment banks, savings and loan associations, mortgage bankers, mutual funds, institutional investors, pension funds, hedge funds, other lenders, governmental bodies and individuals and other entities, including REITs.

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