Scully Royalty (Scully Royalty) Effective Interest Rate on Debt % : 4.40% (As of Jun. 2023)

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What is Scully Royalty 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. Scully Royalty's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $1.42 Mil. Scully Royalty's average total debt for the quarter that ended in Jun. 2023 was $32.17 Mil. Therefore, Scully Royalty's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 4.40%.

Scully Royalty Effective Interest Rate on Debt % Historical Data

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

Scully Royalty Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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8.15

5.59

4.53

4.50

4.10

Scully Royalty Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.55	4.54	4.51	4.10	4.40

Competitive Comparison of Scully Royalty's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Scully Royalty'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.

Scully Royalty's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Scully Royalty's Effective Interest Rate on Debt % distribution charts can be found below:

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

Scully Royalty Effective Interest Rate on Debt % Calculation

Scully Royalty's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -1.332	/	( (33.074	+	31.914)	/ 2 )
=	-1 * -1.332	/	32.494
=	4.10 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	32.847	+	0.227
=	33.074

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	31.625	+	0.289
=	31.914

Scully Royalty's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * -1.416	/	( (31.914	+	32.425)	/ 2 )
=	-1 * -1.416	/	32.1695
=	4.40 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	31.625	+	0.289
=	31.914

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	32.425	+	0
=	32.425

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 (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Scully Royalty (NYSE:SRL) Effective Interest Rate on Debt % Explanation

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

Scully Royalty Effective Interest Rate on Debt % Related Terms

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Scully Royalty (Scully Royalty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Scully Royalty Ltd (NYSE:SRL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

MB01:Germany

Address

2299 Yan An Road West, Room 2103 Shanghai Mart Tower, Changning District, Shanghai, CHN, 200336

Website

http://www.scullyroyalty.com

Scully Royalty Ltd is a royalty-based company that maximizes earnings upon its iron ore royalty interest. The company's business segments include Royalty, which includes an interest in an iron ore mine; Industrial, which includes projects in resources and services; Merchant Banking, which comprises regulated merchant banking activities. The majority of the revenue is generated from the Royalty segment. The company's geographical segments include Canada, Africa, America, Asia, and Europe, out of which Canada accounts for the majority of the revenue.

Executives

Stefan Feuerstein

director

BERLIN CHARLOTTEN STR 59, GERMANY D-1017 2M 00000