Validus Holdings (Validus Holdings) Effective Interest Rate on Debt % : 2.78% (As of Jun. 2018)

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What is Validus Holdings 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. Validus Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2018 was $56.29 Mil. Validus Holdings's average total debt for the quarter that ended in Jun. 2018 was $2,022.23 Mil. Therefore, Validus Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2018 was 2.78%.

Validus Holdings Effective Interest Rate on Debt % Historical Data

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

Validus Holdings Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Effective Interest Rate on Debt %

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5.92

5.99

7.39

5.92

3.58

Validus Holdings Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.65	3.06	2.91	2.75	2.78

Competitive Comparison of Validus Holdings's Effective Interest Rate on Debt %

For the Insurance - Reinsurance subindustry, Validus Holdings'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.

Validus Holdings's Effective Interest Rate on Debt % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Validus Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Validus Holdings Effective Interest Rate on Debt % Calculation

Validus Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2017 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2016 )	+	Total Debt (A: Dec. 2017 ))	/ count )
=	-1 * -56.638	/	( (1061.79	+	2099.086)	/ 2 )
=	-1 * -56.638	/	1580.438
=	3.58 %

where

	Total Debt (A: Dec. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1061.79	+	0
=	1061.79

	Total Debt (A: Dec. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2099.086	+	0
=	2099.086

Validus Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2018 )	+	Total Debt (Q: Jun. 2018 ))	/ count )
=	-1 * -56.292	/	( (2053.38	+	1991.086)	/ 2 )
=	-1 * -56.292	/	2022.233
=	2.78 %

where

	Total Debt (Q: Mar. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2053.38	+	0
=	2053.38

	Total Debt (Q: Jun. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1991.086	+	0
=	1991.086

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. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Validus Holdings (NYSE:VRpACL.PFD) Effective Interest Rate on Debt % Explanation

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

Validus Holdings Effective Interest Rate on Debt % Related Terms

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Validus Holdings (Validus Holdings) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.validusholdings.com

Validus Holdings Ltd is a holding company for reinsurance and insurance operating companies and investment advisors. The company includes Validus Reinsurance, Talbot Underwriting, Western World Insurance Group, and AlphaCat Managers. Validus Reinsurance is a Bermuda-based reinsurer focused on treaty reinsurance. Talbot is a specialty insurance group that mainly operates in the Lloyd's insurance market. Western World Insurance Group is a U.S. specialty lines insurance company that specialises in excess and surplus lines. AlphaCat Managers provides investment and capital-management advice for third parties and Validus insurance-linked securities, as well as other property-catastrophe and specialty reinsurance investments.