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SOSiLA Logistics REIT (TSE:2979) Effective Interest Rate on Debt % : 0.60% (As of Nov. 2023)


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What is SOSiLA Logistics 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. SOSiLA Logistics REIT's annualized positive value of Interest Expense for the quarter that ended in Nov. 2023 was 円371 Mil. SOSiLA Logistics REIT's average total debt for the quarter that ended in Nov. 2023 was 円61,655 Mil. Therefore, SOSiLA Logistics REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 was 0.60%.

SOSiLA Logistics REIT Effective Interest Rate on Debt % Historical Data

The historical data trend for SOSiLA Logistics 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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SOSiLA Logistics REIT Effective Interest Rate on Debt % Chart

SOSiLA Logistics REIT Annual Data
Trend Nov19 Nov20 Nov21 Nov22
Effective Interest Rate on Debt %
- - 0.58 0.57

SOSiLA Logistics REIT Semi-Annual Data
Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Effective Interest Rate on Debt % Get a 7-Day Free Trial 0.51 0.54 0.57 0.58 0.60

Competitive Comparison of SOSiLA Logistics REIT's Effective Interest Rate on Debt %

For the REIT - Industrial subindustry, SOSiLA Logistics 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.

SOSiLA Logistics REIT's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

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


SOSiLA Logistics REIT Effective Interest Rate on Debt % Calculation

SOSiLA Logistics REIT's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2021 )+Total Debt  (A: Nov. 2022 ))/ count )
=-1  *  -267.377/( (44720+49200)/ 2 )
=-1  *  -267.377/46960
=0.57 %

where

Total Debt  (A: Nov. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=42350 + 2370
=44720

Total Debt  (A: Nov. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=47800 + 1400
=49200

SOSiLA Logistics REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: May. 2023 )+Total Debt  (Q: Nov. 2023 ))/ count )
=-1  *  -371.294/( (61290+62020)/ 2 )
=-1  *  -371.294/61655
=0.60 %

where

Total Debt  (Q: May. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=49700 + 11590
=61290

Total Debt  (Q: Nov. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=52700 + 9320
=62020

* 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 two times the semi-annual (Nov. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

SOSiLA Logistics REIT  (TSE:2979) Effective Interest Rate on Debt % Explanation

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

SOSiLA Logistics REIT Effective Interest Rate on Debt % Related Terms

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SOSiLA Logistics REIT (TSE:2979) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SOSiLA Logistics REIT Inc (TSE:2979) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
TSE:3493 TSE:3481 TSE:8967 TSE:3466 PLD PSA EXR LSE:SGRO REXR SGX:A17U CUBE EGP COLD STAG FR SGX:M44U ASX:NSR XBRU:WDP SGX:ME8U TSE:3281
Traded in Other Exchanges
N/A
Address
Otemachi Place East Tower 2-3-2 Otemachi, Logistics Facilities Division, Chiyoda-ku, Tokyo, JPN
Website
http://www.sosila.com
SOSiLA Logistics REIT Inc offers logistics services. It offers facility based on the three themes Sociability, Sustainability and Logistic Aspect considering the environment and sustainable growth; and people and the work environment.

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