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Voltari (Voltari) Effective Interest Rate on Debt % : 3.72% (As of Jun. 2019)


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What is Voltari 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. Voltari's annualized positive value of Interest Expense for the quarter that ended in Jun. 2019 was $0.86 Mil. Voltari's average total debt for the quarter that ended in Jun. 2019 was $23.00 Mil. Therefore, Voltari's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 was 3.72%.

Voltari Effective Interest Rate on Debt % Historical Data

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

Voltari Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.91 3.80 4.68

Voltari Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.08 3.76 3.76 3.67 3.72

Competitive Comparison of Voltari's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Voltari'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.

Voltari's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

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

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


Voltari Effective Interest Rate on Debt % Calculation

Voltari's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2017 )+Total Debt  (A: Dec. 2018 ))/ count )
=-1  *  -0.667/( (5.5+23)/ 2 )
=-1  *  -0.667/14.25
=4.68 %

where

Total Debt  (A: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.5 + 0
=5.5

Total Debt  (A: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23 + 0
=23

Voltari's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2019 )+Total Debt  (Q: Jun. 2019 ))/ count )
=-1  *  -0.856/( (23+23)/ 2 )
=-1  *  -0.856/23
=3.72 %

where

Total Debt  (Q: Mar. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23 + 0
=23

Total Debt  (Q: Jun. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23 + 0
=23

* 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 four times the quarterly (Jun. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Voltari  (GREY:VLTCP.PFD) Effective Interest Rate on Debt % Explanation

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

Voltari Effective Interest Rate on Debt % Related Terms

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Voltari (Voltari) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Voltari Corp (GREY:VLTCP.PFD) » Definitions » Effective Interest Rate on Debt %
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Traded in Other Exchanges
N/A
Address
767 Fifth Avenue, Suite 4700, New York, NY, USA, 10153
Website
http://www.voltari.com
Voltari Corp is a US-based company which is in the business of acquiring, financing and leasing commercial real properties. The company owns two commercial real properties in Long Branch, New Jersey and in Flanders, New York. It leases its property to JPMorgan Chase Bank, N.A, and 7-Eleven Corporation. The company operates through the single segment being the Acquiring, financing, and leasing commercial real estate properties. The company derives its revenue from the rental income received through the leasing agreements.