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Terreno Realty (Terreno Realty) Effective Interest Rate on Debt %

: 2.96% (As of Dec. 2023)
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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. Terreno Realty's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $22.8 Mil. Terreno Realty's average total debt for the quarter that ended in Dec. 2023 was $771.5 Mil. Therefore, Terreno Realty's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.96%.


Terreno Realty Effective Interest Rate on Debt % Historical Data

The historical data trend for Terreno 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.

* Premium members only.

Terreno 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 Premium Member Only Premium Member Only 3.43 3.37 3.06 3.20 3.22

Terreno 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 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 3.85 3.83 3.06 3.02 2.96

Competitive Comparison

For the REIT - Industrial subindustry, Terreno 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.


Terreno Realty Effective Interest Rate on Debt % Distribution

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

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



Terreno Realty Effective Interest Rate on Debt % Calculation

Terreno 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  *  -24.796/( (770.818+771.563)/ 2 )
=-1  *  -24.796/771.1905
=3.22 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=770.818 + 0
=770.818

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=771.563 + 0
=771.563

Terreno 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  *  -22.828/( (771.355+771.563)/ 2 )
=-1  *  -22.828/771.459
=2.96 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=771.355 + 0
=771.355

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=771.563 + 0
=771.563

* 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.


Terreno Realty  (NYSE:TRNO) Effective Interest Rate on Debt % Explanation

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


Terreno Realty Effective Interest Rate on Debt % Related Terms

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Terreno Realty (Terreno Realty) Business Description

Industry
Traded in Other Exchanges
Address
10500 NE 8th Street, Suite 1910, Bellevue, WA, USA, 98004
Terreno Realty Corp is a real estate investment trust engaged in acquiring, owning and operating industrial real estate in six coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company invests in several types of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), transshipment and improved land.
Executives
Melinda Weston officer: Chief Accounting Officer TERRENO REALTY CORPORATION, 10500 NE 8TH STREET, SUITE 301, BELLEVUE WA 98004
Leroy E Carlson director 79840 CITRUS STREET, LAQUINTA CA 92253
Michael A Coke director, officer: PRESIDENT TERRENO REALTY CORPORATION, 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Irene H Oh director 135 N LOS ROBLES AVE. 7TH FL, PASADENA CA 91101
Gary N Boston director 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Douglas M Pasquale director 245 FICHER AVE STE D-1, COSTA MESA CA 92626
W Blake Baird director, officer: CHAIRMAN AND CEO 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Linda Assante director C/O TERRENO REALTY CORP., 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
David M Lee director 101 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Gabriela Franco Parcella director 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Dennis Polk director 44201 NOBEL DRIVE, FREMONT CA 94538
Peter J Merlone director 2840 DIVISADERO, SAN FRANCISCO CA 94123
John Tull Meyer officer: EVP 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Jaime Jackson Cannon officer: CFO 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Andrew Thomas Burke officer: EVP 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104