GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AIP Realty Trust (TSXV:AIP.U) » Definitions » Effective Interest Rate on Debt %

AIP Realty Trust (TSXV:AIP.U) Effective Interest Rate on Debt % : 4.10% (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is AIP Realty 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. AIP Realty Trust's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.12 Mil. AIP Realty Trust's average total debt for the quarter that ended in Dec. 2023 was $3.03 Mil. Therefore, AIP Realty Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.10%.


AIP Realty Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for AIP Realty 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.

AIP Realty Trust Effective Interest Rate on Debt % Chart

AIP Realty Trust Annual Data
Trend Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
13.48 7.92 5.13

AIP Realty Trust Quarterly Data
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 6.94 5.43 5.47 5.51 4.10

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

For the REIT - Industrial subindustry, AIP Realty 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.


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

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

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



AIP Realty Trust Effective Interest Rate on Debt % Calculation

AIP Realty 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  *  -0.157/( (3.103+3.017)/ 2 )
=-1  *  -0.157/3.06
=5.13 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.007 + 0.096
=3.103

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.901 + 0.116
=3.017

AIP Realty 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  *  -0.124/( (3.039+3.017)/ 2 )
=-1  *  -0.124/3.028
=4.10 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.94 + 0.099
=3.039

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.901 + 0.116
=3.017

* 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.


AIP Realty Trust  (TSXV:AIP.U) Effective Interest Rate on Debt % Explanation

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


AIP Realty Trust Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of AIP Realty Trust's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


AIP Realty Trust (TSXV:AIP.U) Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
885 West Georgia Street, Suite 2200, HSBC Building, Vancouver, BC, CAN, V6C 3E8
AIP Realty Trust is a real estate investment trust with a growing portfolio of new light industrial flex facilities distinctly designed to address the long-overlooked needs of small businesses and the trades and services sectors in high-growth markets in the U.S.

AIP Realty Trust (TSXV:AIP.U) Headlines

No Headlines