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Acucap Properties (JSE:ACP) Effective Interest Rate on Debt % : 5.57% (As of Sep. 2014)


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What is Acucap Properties 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. Acucap Properties's annualized positive value of Interest Expense for the quarter that ended in Sep. 2014 was R413.4 Mil. Acucap Properties's average total debt for the quarter that ended in Sep. 2014 was R7,415.9 Mil. Therefore, Acucap Properties's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2014 was 5.57%.


Acucap Properties Effective Interest Rate on Debt % Historical Data

The historical data trend for Acucap Properties'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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Acucap Properties Effective Interest Rate on Debt % Chart

Acucap Properties Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 37.60 22.20 15.58 15.57 13.74

Acucap Properties Semi-Annual Data
Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.84 22.23 14.65 12.97 5.57

Competitive Comparison of Acucap Properties's Effective Interest Rate on Debt %

For the REIT - Retail subindustry, Acucap Properties'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.


Acucap Properties's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

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



Acucap Properties Effective Interest Rate on Debt % Calculation

Acucap Properties's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2013 )+Total Debt  (A: Mar. 2014 ))/ count )
=-1  *  -782.547/( (4806.302+6586.759)/ 2 )
=-1  *  -782.547/5696.5305
=13.74 %

where

Total Debt  (A: Mar. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4382.453 + 423.849
=4806.302

Total Debt  (A: Mar. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5980.135 + 606.624
=6586.759

Acucap Properties's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2014 )+Total Debt  (Q: Sep. 2014 ))/ count )
=-1  *  -413.37/( (6586.759+8245.078)/ 2 )
=-1  *  -413.37/7415.9185
=5.57 %

where

Total Debt  (Q: Mar. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5980.135 + 606.624
=6586.759

Total Debt  (Q: Sep. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7761.225 + 483.853
=8245.078

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


Acucap Properties  (JSE:ACP) Effective Interest Rate on Debt % Explanation

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


Acucap Properties Effective Interest Rate on Debt % Related Terms

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Acucap Properties (JSE:ACP) Business Description

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Address
Website
Acucap Properties Ltd carries on the business of a property holding company through the ownership of investment properties by its wholly owned subsidiaries. Its segments include Retail, Offices, Industrial, Property development and Storage.