Newmark Property REIT (ASX:NPR) Effective Interest Rate on Debt % : 4.86% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Newmark Property REIT 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. Newmark Property REIT's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$11.69 Mil. Newmark Property REIT's average total debt for the quarter that ended in Dec. 2023 was A$240.38 Mil. Therefore, Newmark Property REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.86%.

Newmark Property REIT Effective Interest Rate on Debt % Historical Data

The historical data trend for Newmark Property REIT'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.

Newmark Property REIT Effective Interest Rate on Debt % Chart

Newmark Property REIT Annual Data

Trend

Jun22

Jun23

Effective Interest Rate on Debt %

2.88

4.45

Newmark Property REIT Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	2.87	2.91	3.81	4.28	4.86

Competitive Comparison of Newmark Property REIT's Effective Interest Rate on Debt %

For the REIT - Diversified subindustry, Newmark Property REIT'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.

Newmark Property REIT's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

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

Newmark Property REIT Effective Interest Rate on Debt % Calculation

Newmark Property REIT's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -7.467	/	( (129.78	+	206.139)	/ 2 )
=	-1 * -7.467	/	167.9595
=	4.45 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	129.78	+	0
=	129.78

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	206.139	+	0
=	206.139

Newmark Property REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -11.692	/	( (206.139	+	274.622)	/ 2 )
=	-1 * -11.692	/	240.3805
=	4.86 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	206.139	+	0
=	206.139

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	274.622
=	274.622

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

Newmark Property REIT (ASX:NPR) Effective Interest Rate on Debt % Explanation

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

Newmark Property REIT Effective Interest Rate on Debt % Related Terms

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

Newmark Property REIT (ASX:NPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Newmark Property REIT (ASX:NPR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

644 Chapel Street, Como Centre, Level 17, South Yarra, Yarra, VIC, AUS, 3141

Website

https://www.newmarkcapital.com.au

Newmark Property REIT is a real estate investment trust. It offers investors access to Australian hardware and large-format retail properties. The group receives the majority of its revenue through rental income.

Newmark Property REIT (ASX:NPR) Headlines

No Headlines