Wereldhave Belgium (FRA:WPU) Effective Interest Rate on Debt % : 6.98% (As of Dec. 2023)

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What is Wereldhave 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. Wereldhave Belgium's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €16.85 Mil. Wereldhave Belgium's average total debt for the quarter that ended in Dec. 2023 was €241.50 Mil. Therefore, Wereldhave Belgium's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.98%.

Wereldhave Belgium Effective Interest Rate on Debt % Historical Data

The historical data trend for Wereldhave 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.

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Wereldhave Belgium Effective Interest Rate on Debt % Chart

Wereldhave Belgium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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0.95

1.00

2.13

2.73

4.98

Wereldhave Belgium Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.58	3.44	3.50	4.29	6.98

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

For the REIT - Retail subindustry, Wereldhave 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.

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

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

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

Wereldhave Belgium Effective Interest Rate on Debt % Calculation

Wereldhave Belgium'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 * -13.355	/	( (256.811	+	279.82)	/ 2 )
=	-1 * -13.355	/	268.3155
=	4.98 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	197.061	+	59.75
=	256.811

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	237.07	+	42.75
=	279.82

Wereldhave Belgium'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -16.85	/	( (203.184	+	279.82)	/ 2 )
=	-1 * -16.85	/	241.502
=	6.98 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	143.184	+	60
=	203.184

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	237.07	+	42.75
=	279.82

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

Wereldhave Belgium (FRA:WPU) Effective Interest Rate on Debt % Explanation

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

Wereldhave Belgium Effective Interest Rate on Debt % Related Terms

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Wereldhave Belgium (FRA:WPU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Wereldhave Belgium (FRA:WPU) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

WPU:Germany WEHB:Belgium

Address

Medialaan 30/6, Vilvoorde, BEL, 1800

Website

https://www.wereldhavebelgium.com

Wereldhave Belgium is a publicly-regulated real estate company with a focus on commercial property and operating in Belgium. Wereldhave Belgium targets shopping centers as new investments. Its operational shopping center portfolio includes locations in Liege, Nivelles, Tournai, Ghent, Genk, Waterloo, and Kortrijk. The company also owns office properties in Brussels, Vilvoorde, and Antwerp. The company's strategy is to create value through both active management and redevelopment, with tactics that include maintaining contact with lessees to acquire up-to-date market information. Majority of its revenue is from rental income.

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