Custodian Propertyome REIT (LSE:CREI) Effective Interest Rate on Debt % : 4.05% (As of Sep. 2023)

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What is Custodian Propertyome 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. Custodian Propertyome REIT's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was £7.20 Mil. Custodian Propertyome REIT's average total debt for the quarter that ended in Sep. 2023 was £177.90 Mil. Therefore, Custodian Propertyome REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 4.05%.

Custodian Propertyome REIT Effective Interest Rate on Debt % Historical Data

The historical data trend for Custodian Propertyome 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.

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Custodian Propertyome REIT Effective Interest Rate on Debt % Chart

Custodian Propertyome REIT Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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3.26

2.96

2.98

3.02

3.68

Custodian Propertyome REIT Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.01	2.85	3.33	3.54	4.05

Competitive Comparison of Custodian Propertyome REIT's Effective Interest Rate on Debt %

For the REIT - Diversified subindustry, Custodian Propertyome 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.

Custodian Propertyome REIT's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

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

Custodian Propertyome REIT Effective Interest Rate on Debt % Calculation

Custodian Propertyome REIT's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -5.687	/	( (136.61	+	172.102)	/ 2 )
=	-1 * -5.687	/	154.356
=	3.68 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	136.61	+	0
=	136.61

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	172.102	+	0
=	172.102

Custodian Propertyome REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -7.204	/	( (172.102	+	183.689)	/ 2 )
=	-1 * -7.204	/	177.8955
=	4.05 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	172.102	+	0
=	172.102

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	183.689	+	0
=	183.689

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

Custodian Propertyome REIT (LSE:CREI) Effective Interest Rate on Debt % Explanation

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

Custodian Propertyome REIT Effective Interest Rate on Debt % Related Terms

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Custodian Propertyome REIT (LSE:CREI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Custodian Property Income REIT PLC (LSE:CREI) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

CREIl:UK

Address

1 New Walk Place, Leicester, GBR, LE1 6RU

Website

https://www.custodianreit.com

Custodian Property Income REIT PLC is a real estate investment trust with a portfolio of regional properties let to institutional grade tenants throughout the United Kingdom. The company's only operating segment is an investment in commercial properties. Its investment objective is to provide its shareholders with income by maintaining a high level of dividend, covered by earnings, with a level of gearing. The company properties consist of industrial, office, retail and other properties. It derives its revenue from the rental income it receives from the investment property.

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