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One Liberty Properties (One Liberty Properties) Effective Interest Rate on Debt % : 4.52% (As of Mar. 2024)


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What is One Liberty 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. One Liberty Properties's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $18.87 Mil. One Liberty Properties's average total debt for the quarter that ended in Mar. 2024 was $417.44 Mil. Therefore, One Liberty Properties's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.52%.


One Liberty Properties Effective Interest Rate on Debt % Historical Data

The historical data trend for One Liberty 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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One Liberty Properties Effective Interest Rate on Debt % Chart

One Liberty 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 4.43 4.35 4.22 4.21 4.45

One Liberty 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 4.36 4.42 4.51 4.54 4.52

Competitive Comparison of One Liberty Properties's Effective Interest Rate on Debt %

For the REIT - Diversified subindustry, One Liberty 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.


One Liberty Properties's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

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



One Liberty Properties Effective Interest Rate on Debt % Calculation

One Liberty 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  *  -18.78/( (426.23+418.347)/ 2 )
=-1  *  -18.78/422.2885
=4.45 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=405.162 + 21.068
=426.23

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=418.347 + 0
=418.347

One Liberty 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  *  -18.868/( (418.347+416.539)/ 2 )
=-1  *  -18.868/417.443
=4.52 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=418.347 + 0
=418.347

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=416.539 + 0
=416.539

* 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.


One Liberty Properties  (NYSE:OLP) Effective Interest Rate on Debt % Explanation

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


One Liberty Properties Effective Interest Rate on Debt % Related Terms

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One Liberty Properties (One Liberty Properties) Business Description

Industry
Traded in Other Exchanges
Address
60 Cutter Mill Road, Suite 303, Great Neck, NY, USA, 11021
One Liberty Properties Inc is a self-administered and self-managed real estate investment trust. It acquires, owns, and manages a geographically diversified portfolio of industrial, retail, restaurant, health and fitness, and theater properties. The group generates the majority of its revenue in the form of rental income.
Executives
Justin Clair officer: Assistant Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Lawrence Ricketts officer: VICE PRESIDENT
Charles Biederman director 60CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Mili Mathew officer: Vice President - Financial 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Jeffrey Gould director, officer: SENIOR VICE PRESIDENT
Edward Gellert director 399 PARK AVENUE, NEW YORK NY 10022
Eugene I Zuriff director C/O SMITH WOLLENSKY RESTAURANT GROUP INC, 1114 FIRST AVENUE, NEW YORK NY 10021
Matthew J Gould director, officer: SENIOR VICE PRESIDENT
Mizuho Securities Usa Llc other: See Remarks 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Karen A. Till director 3939 HICKORY STREET, SEAFORD NY 11783
Jesse Robert Lovejoy director RIPPLEWOOD HOLDINGS LLC, ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020
Benjamin Bolanos officer: Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Leor Siri director 560 CHURCH AVENUE, WOODMERE NY 11598
Gould Investors L P 10 percent owner 60 CUTTER MILL RD, STE 303, GREAT NECK NY 11021-3190
Fredric H Gould director, officer: Chariman of Board 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021

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