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International Market Centers (International Market Centers) Effective Interest Rate on Debt % : 6.43% (As of Dec. 2014)


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What is International Market Centers 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. International Market Centers's annualized positive value of Interest Expense for the quarter that ended in Dec. 2014 was $34.08 Mil. International Market Centers's average total debt for the quarter that ended in Dec. 2014 was $529.95 Mil. Therefore, International Market Centers's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2014 was 6.43%.

International Market Centers Effective Interest Rate on Debt % Historical Data

The historical data trend for International Market Centers'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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International Market Centers Effective Interest Rate on Debt % Chart

International Market Centers Annual Data
Trend Dec12 Dec13 Dec14
Effective Interest Rate on Debt %
6.03 6.23 6.43

International Market Centers Semi-Annual Data
Dec12 Dec13 Dec14
Effective Interest Rate on Debt % 6.03 6.23 6.43

Competitive Comparison of International Market Centers's Effective Interest Rate on Debt %

For the REIT - Retail subindustry, International Market Centers'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.

International Market Centers's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where International Market Centers's Effective Interest Rate on Debt % falls into.


International Market Centers Effective Interest Rate on Debt % Calculation

International Market Centers's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2013 )+Total Debt  (A: Dec. 2014 ))/ count )
=-1  *  -34.08/( (526.228+533.68)/ 2 )
=-1  *  -34.08/529.954
=6.43 %

where

Total Debt  (A: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=526.228 + 0
=526.228

Total Debt  (A: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=533.68 + 0
=533.68

International Market Centers's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2013 )+Total Debt  (Q: Dec. 2014 ))/ count )
=-1  *  -34.08/( (526.228+533.68)/ 2 )
=-1  *  -34.08/529.954
=6.43 %

where

Total Debt  (Q: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=526.228 + 0
=526.228

Total Debt  (Q: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=533.68 + 0
=533.68

* 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 one times the annual (Dec. 2014) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

International Market Centers  (NYSE:IMC) Effective Interest Rate on Debt % Explanation

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

International Market Centers Effective Interest Rate on Debt % Related Terms

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International Market Centers (International Market Centers) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » International Market Centers Inc (NYSE:IMC) » Definitions » Effective Interest Rate on Debt %
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Traded in Other Exchanges
N/A
Address
Website
http://www.imcenters.com
International Market Centers Inc was incorporated in Maryland on June 27, 2014. The Company is structured as an internally-managed REIT. The Company is the owner and operator of permanent business-to-business showroom space in North America for the home furniture industry and owners and operators of permanent business-to-business showroom space for the home décor and gift industries. The Company owns approximately 11.9 million gross square feet of showroom space across 13 buildings in High Point, North Carolina and three buildings and three exhibition pavilions in Las Vegas, Nevada. The Company leases its space on a long-term basis to manufacturers and suppliers of home furniture, home décor and gift products that participate in the Company's Markets. The Company faces competition from other Markets that serve manufacturers and suppliers and buyers of home furniture, home décor and gift products.

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