Great Portland Estates (LSE:GPE) Effective Interest Rate on Debt % : 2.68% (As of Mar. 2024)

View and export this data going back to 1959. Start your Free Trial

What is Great Portland Estates 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. Great Portland Estates's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was £20.80 Mil. Great Portland Estates's average total debt for the quarter that ended in Mar. 2024 was £775.25 Mil. Therefore, Great Portland Estates's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.68%.

Great Portland Estates Effective Interest Rate on Debt % Historical Data

The historical data trend for Great Portland Estates'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.

* Premium members only.

Great Portland Estates Effective Interest Rate on Debt % Chart

Great Portland Estates Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

1.57

1.52

1.62

2.06

2.64

Great Portland Estates Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.82	1.58	2.15	2.31	2.68

Competitive Comparison of Great Portland Estates's Effective Interest Rate on Debt %

For the REIT - Office subindustry, Great Portland Estates'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.

Great Portland Estates's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where Great Portland Estates's Effective Interest Rate on Debt % falls into.

Great Portland Estates Effective Interest Rate on Debt % Calculation

Great Portland Estates's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -17.7	/	( (527.2	+	815.5)	/ 2 )
=	-1 * -17.7	/	671.35
=	2.64 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	527.2	+	0
=	527.2

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	640.5	+	175
=	815.5

Great Portland Estates's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -20.8	/	( (735	+	815.5)	/ 2 )
=	-1 * -20.8	/	775.25
=	2.68 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	560.1	+	174.9
=	735

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	640.5	+	175
=	815.5

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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Great Portland Estates (LSE:GPE) Effective Interest Rate on Debt % Explanation

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

Great Portland Estates Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Great Portland Estates's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Great Portland Estates (LSE:GPE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Great Portland Estates PLC (LSE:GPE) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

GPEl:UK G9KB:Germany

Address

33 Cavendish Square, London, GBR, W1G 0PW

Website

https://www.gpe.co.uk

Great Portland Estates PLC, or GPE, is a real estate investment trust involved in the ownership and development of commercial property in central London. GPE invests in and redevelops London real estate. The company generates revenue from these assets through long-term lease agreements. Income is also derived from the management of other development projects. The majority of the company's real estate portfolio is comprised of office space, while retail locations also make up a significant percentage. Almost half of GPE's properties are located in the North of Oxford Street area. London's West End is home to a substantial share as well. GPE's tenants are primarily divided between retail & leisure shops; technology, media, & telecom companies; and professional & business services firms.

Great Portland Estates (LSE:GPE) Headlines

No Headlines