Wall Financial (TSX:WFC) Effective Interest Rate on Debt % : 4.63% (As of Jan. 2024)

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What is Wall Financial 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. Wall Financial's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was C$27.0 Mil. Wall Financial's average total debt for the quarter that ended in Jan. 2024 was C$583.9 Mil. Therefore, Wall Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 4.63%.

Wall Financial Effective Interest Rate on Debt % Historical Data

The historical data trend for Wall Financial'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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Wall Financial Effective Interest Rate on Debt % Chart

Wall Financial Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Effective Interest Rate on Debt %

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2.32

2.01

1.88

2.40

4.59

Wall Financial Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.06	4.32	4.47	4.61	4.63

Competitive Comparison of Wall Financial's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Wall Financial'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.

Wall Financial's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

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

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

Wall Financial Effective Interest Rate on Debt % Calculation

Wall Financial's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jan. 2023 )	+	Total Debt (A: Jan. 2024 ))	/ count )
=	-1 * -26.953	/	( (539.95	+	633.849)	/ 2 )
=	-1 * -26.953	/	586.8995
=	4.59 %

where

	Total Debt (A: Jan. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	329.473	+	210.477
=	539.95

	Total Debt (A: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	330.115	+	303.734
=	633.849

Wall Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2023 )	+	Total Debt (Q: Jan. 2024 ))	/ count )
=	-1 * -27.016	/	( (533.891	+	633.849)	/ 2 )
=	-1 * -27.016	/	583.87
=	4.63 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	331.695	+	202.196
=	533.891

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	330.115	+	303.734
=	633.849

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 (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Wall Financial (TSX:WFC) Effective Interest Rate on Debt % Explanation

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

Wall Financial Effective Interest Rate on Debt % Related Terms

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Wall Financial (TSX:WFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wall Financial Corp (TSX:WFC) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

1010 Burrard Street, Vancouver, BC, CAN, V6Z 2R9

Website

http://www.wallfinancialcorp.ca

Wall Financial Corp is in the development and management of residential rental units, the development and construction of residential housing for resale, and the development and management of hotel properties. It owns and manages two hotel properties in Metro Vancouver namely the Sheraton Vancouver Wall Centre Hotel and the Westin Wall Centre Vancouver Airport Hotel. It operates in three segments of the real estate industry namely, Ownership and management of revenue-producing residential and commercial properties (Rental), Ownership and management of hotel properties (Hotel), and the development and sale of residential housing (Development).

Executives

David Eugene Gruber

Director