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Redwood Trust (Redwood Trust) Effective Interest Rate on Debt % : 5.55% (As of Dec. 2023)


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What is Redwood Trust 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. Redwood Trust's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $679.3 Mil. Redwood Trust's average total debt for the quarter that ended in Dec. 2023 was $12,229.6 Mil. Therefore, Redwood Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.55%.


Redwood Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for Redwood Trust'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.

* Premium members only.

Redwood Trust Effective Interest Rate on Debt % Chart

Redwood Trust 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 3.99 3.79 3.88 4.48 5.13

Redwood Trust 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 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 5.02 5.26 5.39 5.53 5.55

Competitive Comparison of Redwood Trust's Effective Interest Rate on Debt %

For the REIT - Mortgage subindustry, Redwood Trust'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.


Redwood Trust's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where Redwood Trust's Effective Interest Rate on Debt % falls into.



Redwood Trust Effective Interest Rate on Debt % Calculation

Redwood Trust'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  *  -631.519/( (11643.51+12983.106)/ 2 )
=-1  *  -631.519/12313.308
=5.13 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9738.74 + 1904.77
=11643.51

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11632.058 + 1351.048
=12983.106

Redwood Trust'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  *  -679.328/( (11476.059+12983.106)/ 2 )
=-1  *  -679.328/12229.5825
=5.55 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10363.746 + 1112.313
=11476.059

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11632.058 + 1351.048
=12983.106

* 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.


Redwood Trust  (NYSE:RWT) Effective Interest Rate on Debt % Explanation

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


Redwood Trust Effective Interest Rate on Debt % Related Terms

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Redwood Trust (Redwood Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Redwood Trust Inc (NYSE:RWT) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
One Belvedere Place, Suite 300, Mill Valley, CA, USA, 94941
Redwood Trust Inc is a real estate investment trust focused on different areas of housing credit. The company operates in three segments: the Residential Mortgage Banking segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale to whole loan buyers, securitization through SEMT (Sequoia) private-label securitization program, or transfer into its investment portfolio, Business Purpose Mortgage Banking segment consists of a platform that originates and acquires business purpose lending (BPL) loans for subsequent securitization, sale, or transfers into its investment portfolio, and Investment Portfolio segment consists of organic investments sourced through residential and business-purpose mortgage banking operations.
Executives
Doneene K Damon director 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Fred Matera officer: Chief Investment Officer 1 BELVEDERE PLACE, STE. 300, MILL VALLEY CA 94941
Andrew P Stone officer: General Counsel 1 BELVEDERE PLACE, STE. 300, MILL VALLEY CA 94941
Cochrane Collin Lee officer: Controller, Managing Director C/O REDWOOD TRUST, INC, 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Dashiell I Robinson director, officer: President 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Horvath D Debora director 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Sasha G. Macomber officer: Chief Human Resource Officer 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Brooke Carillo officer: Chief Financial Officer C/O REDWOOD TRUST, INC., 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Greg H Kubicek director 2601 NE 163RD COURT, VANCOUVER WA 98684
Armando Falcon director 1 BELVEDERE PLACE,SUITE 300, C/O REDWOOD TRUST, INC, MILL VALLEY CA 94941
Faith A Schwartz director 1 BELVEDERE PLCAE, SUITE 300, C/O REDWOOD TRUST, INC., MILL VALLEY CA 94941
Georganne Proctor director 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
George W Madison director 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Mariann H Byerwalter director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY 920/2, SAN MATEO CA 94403
Jeffrey T Pero director ONE BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941