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CNL Healthcare Properties (CNL Healthcare Properties) Effective Interest Rate on Debt % : 8.09% (As of Mar. 2024)


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What is CNL Healthcare Properties 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. CNL Healthcare Properties's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $46.4 Mil. CNL Healthcare Properties's average total debt for the quarter that ended in Mar. 2024 was $573.6 Mil. Therefore, CNL Healthcare Properties's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.09%.


CNL Healthcare Properties Effective Interest Rate on Debt % Historical Data

The historical data trend for CNL Healthcare Properties'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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CNL Healthcare Properties Effective Interest Rate on Debt % Chart

CNL Healthcare Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.85 3.80 3.31 3.64 7.06

CNL Healthcare Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.48 7.03 7.37 7.70 8.09

Competitive Comparison of CNL Healthcare Properties's Effective Interest Rate on Debt %

For the REIT - Healthcare Facilities subindustry, CNL Healthcare Properties'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.


CNL Healthcare Properties's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

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



CNL Healthcare Properties Effective Interest Rate on Debt % Calculation

CNL Healthcare Properties's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -41.873/( (607.873+578.409)/ 2 )
=-1  *  -41.873/593.141
=7.06 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=61.773 + 546.1
=607.873

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36.569 + 541.84
=578.409

CNL Healthcare Properties'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: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -46.38/( (578.409+568.853)/ 2 )
=-1  *  -46.38/573.631
=8.09 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36.569 + 541.84
=578.409

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36.376 + 532.477
=568.853

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


CNL Healthcare Properties  (OTCPK:CHTH) Effective Interest Rate on Debt % Explanation

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


CNL Healthcare Properties Effective Interest Rate on Debt % Related Terms

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CNL Healthcare Properties (CNL Healthcare Properties) Business Description

Industry
Traded in Other Exchanges
N/A
Address
450 South Orange Avenue, CNL Center at City Commons, Orlando, FL, USA, 32801
CNL Healthcare Properties Inc operates as a real estate investment trust. The company's real estate ownership consists of owning, managing, leasing, acquiring, developing, investing in, and as conditions warrant, disposing of real estate assets in the healthcare, office, retail, lifestyle, restaurant, hotel, and multifamily development sectors. Additionally, it focuses on acquiring properties in the senior housing, medical office, acute care, and post-acute care classes, including stabilized, value-add, and development properties, income-producing real estate, and real estate-related securities and loans.
Executives
John R. Mcrae officer: Senior Vice President 823 BRIGHTWATER CIRCLE, MAITLAND FL 32751
Tracey B. Bracco officer: See Remarks 450 S. ORANGE AVENUE, ORLANDO FL 32801
John F. Starr officer: See Remarks 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
L Burke Rainey officer: See Explanation of Responses 450 S. ORANGE AVENUE, ORLANDO FL 32801
Seneff James M Jr director CNL FINANCIAL GROUP, 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Kevin R Maddron officer: See Remarks P.O. BOX 4920, ORLANDO FL 32802
J Chandler Martin director 2226 THETFORD COURT, CHARLOTTE NC 28211
Joseph T Johnson officer: SVP, CFO and Treasurer 200 S. ORANGE AVENUE, SUITE 2700, ORLANDO FL 32801
J Douglas Holladay director 7902 WESTPARK DR, C/O SUNRISE ASSISTED LIVING, MCLEAN VA 22102
Bruce Douglas director 450 SOUTH ORANGE AVENUE, 5TH FLOOR, ORLANDO FL 32801
Dennis N Folken director 450 SOUTH ORANGE AVENUE, 5TH FLOOR, ORLANDO FL 32801
Holly Greer officer: SVP, General Counsel and Secy 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Thomas Kent Sittema director P.O. BOX 4920, ORLANDO FL 32802
Stephen H Mauldin officer: President and CEO 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Ixchell Duarte officer: SVP, Chief Accounting Officer 450 S ORANGE AVE, ORLANDO FL 32801

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