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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. Getty Realty's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $35.3 Mil. Getty Realty's average total debt for the quarter that ended in Dec. 2023 was $806.7 Mil. Therefore, Getty Realty's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.38%.
The historical data trend for Getty Realty'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.
Getty Realty Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Effective Interest Rate on Debt % | Get a 7-Day Free Trial | 4.56 | 4.67 | 3.88 | 4.00 | 4.24 |
Getty Realty Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Effective Interest Rate on Debt % | Get a 7-Day Free Trial | 4.30 | 4.27 | 4.10 | 4.22 | 4.38 |
For the REIT - Retail subindustry, Getty Realty'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.
For the REITs industry and Real Estate sector, Getty Realty's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Getty Realty's Effective Interest Rate on Debt % falls into.
Getty Realty'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 * -31.527 | / | ( (714.969 | + | 772.744) | / 2 ) |
= | -1 * -31.527 | / | 743.8565 | |||
= | 4.24 % |
where
Total Debt (A: Dec. 2022 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 644.969 | + | 70 |
= | 714.969 |
Total Debt (A: Dec. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 762.744 | + | 10 |
= | 772.744 |
Getty Realty'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: Sep. 2023 ) | + | Total Debt (Q: Dec. 2023 )) | / count ) |
= | -1 * -35.304 | / | ( (840.657 | + | 772.744) | / 2 ) |
= | -1 * -35.304 | / | 806.7005 | |||
= | 4.38 % |
where
Total Debt (Q: Sep. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 765.657 | + | 75 |
= | 840.657 |
Total Debt (Q: Dec. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 762.744 | + | 10 |
= | 772.744 |
* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Getty Realty (NYSE:GTY) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Thank you for viewing the detailed overview of Getty Realty's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Evelyn Leon Infurna | director | 292 MADISON AVE., 9TH FLOOR, NEW YORK NY 10017-6318 |
Brian Robert Dickman | officer: EVP, CFO and Treasurer | 411 S. OLD WOODWARD, APT. 918, BIRMINGHAM MI 48009 |
Leo Liebowitz | director, 10 percent owner, officer: Pres. & CEO | 2 JERICHO PLAZA, JERICHO NY 11753 |
Coviello Philip E Jr | director | GETTY REALTY CORP, 2 JERICHO PLAZA, STE 110, JERICHO NY 11753 |
Mary Louise Malanoski | director | 44 BARROW STREET, NEW YORK NY 10014 |
Richard E Montag | director | C/O GETTY REALTY CORP., 2 JERICHO PLAZA, STE 110, JERICHO NY 11753 |
Mark James Olear | officer: Exec VP & Chief Operating Ofc | C/O GETTY REALTY CORP., 2 JERICHO PLAZA, SUITE 110, JERICHO NY 11753 |
Danion Fielding | officer: VP, CFO & Treasurer | TWO JERICHO PLAZA, WING C, SUITE 110, JERICHO NY 11753 |
Eugene Shnayderman | officer: See Remarks | TWO JERICHO PLAZA, WING C, SUITE 110, JERICHO NY 11753 |
Christopher J Constant | director, officer: President & CEO | 2 JERICHO PLAZA, STE 110, JERICHO NY 11753 |
Joshua Dicker | officer: Ex VP, Gen Counsel & Secretary | C/O GETTY REALTY CORP., 2 JERICHO PLAZA, SUITE 110, JERICHO NY 11753 |
Milton Cooper | director | C/O KIMCO REALTY CORP, 3333 NEW HYDE PARK RD STE 100, HYDE PARK NY 11042 |
James Russell Craig | officer: Vice President | 125 JERICHO TPKE, SUITE 103, JERICHO NY 11753 |
David B Driscoll | director | C/O MORGAN JOSEPH & CO., INC., 600 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10020-2302 |
Warren Wintrub | director |
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