GBNC (Globalome Trust) Effective Interest Rate on Debt % : 6.11% (As of Sep. 2015)

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What is Globalome Trust 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. Globalome Trust's annualized positive value of Interest Expense for the quarter that ended in Sep. 2015 was $3.38 Mil. Globalome Trust's average total debt for the quarter that ended in Sep. 2015 was $55.22 Mil. Therefore, Globalome Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2015 was 6.11%.

Globalome Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for Globalome Trust'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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Globalome Trust Effective Interest Rate on Debt % Chart

Globalome Trust Annual Data

Trend

Effective Interest Rate on Debt %

Globalome Trust Quarterly Data
	Mar14	Jun14	Sep14	Mar15	Jun15	Sep15
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	-	6.09	6.08	6.11

Competitive Comparison of Globalome Trust's Effective Interest Rate on Debt %

For the REIT - Diversified subindustry, Globalome Trust'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.

Globalome Trust's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

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

Globalome Trust Effective Interest Rate on Debt % Calculation

Globalome Trust's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: . 20 )	+	Total Debt (A: . 20 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

Globalome Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2015 )	+	Total Debt (Q: Sep. 2015 ))	/ count )
=	-1 * -3.376	/	( (55.402	+	55.04)	/ 2 )
=	-1 * -3.376	/	55.221
=	6.11 %

where

	Total Debt (Q: Jun. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	55.402	+	0
=	55.402

	Total Debt (Q: Sep. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	55.04	+	0
=	55.04

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. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Globalome Trust (GREY:GBNC) Effective Interest Rate on Debt % Explanation

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

Globalome Trust Effective Interest Rate on Debt % Related Terms

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Globalome Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Global Income Trust Inc (GREY:GBNC) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Website

http://www.incometrust.com

Global Income Trust Inc is a real estate investment trust. The Company acquires and operates a diverse portfolio of income oriented commercial real estate. It invests in the real estate markets of United States.

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