CapitaLand Ascott Trust (SGX:HMN) Effective Interest Rate on Debt % : 3.99% (As of Dec. 2023)

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What is CapitaLand Ascott 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. CapitaLand Ascott Trust's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was S$130.2 Mil. CapitaLand Ascott Trust's average total debt for the quarter that ended in Dec. 2023 was S$3,263.2 Mil. Therefore, CapitaLand Ascott Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.99%.

CapitaLand Ascott Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for CapitaLand Ascott 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.

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CapitaLand Ascott Trust Effective Interest Rate on Debt % Chart

CapitaLand Ascott Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.60

2.36

2.04

2.74

3.89

CapitaLand Ascott Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.63	2.33	3.22	3.82	3.99

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

For the REIT - Diversified subindustry, CapitaLand Ascott 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.

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

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

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

CapitaLand Ascott Trust Effective Interest Rate on Debt % Calculation

CapitaLand Ascott 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 * -125.757	/	( (3145.519	+	3316.247)	/ 2 )
=	-1 * -125.757	/	3230.883
=	3.89 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2730.248	+	415.271
=	3145.519

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2739.676	+	576.571
=	3316.247

CapitaLand Ascott 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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -130.194	/	( (3210.229	+	3316.247)	/ 2 )
=	-1 * -130.194	/	3263.238
=	3.99 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2514.809	+	695.42
=	3210.229

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2739.676	+	576.571
=	3316.247

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

CapitaLand Ascott Trust (SGX:HMN) Effective Interest Rate on Debt % Explanation

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

CapitaLand Ascott Trust Effective Interest Rate on Debt % Related Terms

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CapitaLand Ascott Trust (SGX:HMN) Business Description

Industry

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Address

168 Robinson Road, No. 30-01, Capital Tower, Singapore, SGP, 068912

Website

https://www.capitalandascotttrust.com

CapitaLand Ascott Trust, or CLAS, is a hospitality trust focusing on serviced residences, hotels, rental housing and student accommodation. As of Dec. 31, 2022, the trust has a SGD 8.0 billion portfolio, consisting of 105 properties with more than 18,000 units in 47 cities across 15 countries globally. Its main markets include the United States, France, Japan, Singapore, the United Kingdom, Vietnam, China and Australia. The trust is a stapled unit comprising CapitaLand Ascott REIT, which is managed by manager CapitaLand Ascott Trust Management Limited and CapitaLand Ascott Business Trust, which is managed by trustee-manager CapitaLand Ascott Business Trust Management Pte. Ltd. Sponsor CapitaLand Investments Limited, owns around a 39% stake in CLAS.