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PrologisProperty Mexico de CV (PrologisProperty Mexico de CV) Effective Interest Rate on Debt % : 4.20% (As of Mar. 2024)


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What is PrologisProperty Mexico de CV 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. PrologisProperty Mexico de CV's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $38.7 Mil. PrologisProperty Mexico de CV's average total debt for the quarter that ended in Mar. 2024 was $920.1 Mil. Therefore, PrologisProperty Mexico de CV's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.20%.


PrologisProperty Mexico de CV Effective Interest Rate on Debt % Historical Data

The historical data trend for PrologisProperty Mexico de CV'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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PrologisProperty Mexico de CV Effective Interest Rate on Debt % Chart

PrologisProperty Mexico de CV 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 4.81 5.37 3.69 4.57 4.37

PrologisProperty Mexico de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.19 4.34 4.03 4.27 4.20

Competitive Comparison of PrologisProperty Mexico de CV's Effective Interest Rate on Debt %

For the REIT - Industrial subindustry, PrologisProperty Mexico de CV'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.


PrologisProperty Mexico de CV's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where PrologisProperty Mexico de CV's Effective Interest Rate on Debt % falls into.



PrologisProperty Mexico de CV Effective Interest Rate on Debt % Calculation

PrologisProperty Mexico de CV'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  *  -40.078/( (918.177+915.227)/ 2 )
=-1  *  -40.078/916.702
=4.37 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=912.243 + 5.934
=918.177

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=911.562 + 3.665
=915.227

PrologisProperty Mexico de CV's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -38.672/( (915.227+924.943)/ 2 )
=-1  *  -38.672/920.085
=4.20 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=911.562 + 3.665
=915.227

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=920.678 + 4.265
=924.943

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


PrologisProperty Mexico de CV  (OTCPK:FBBPF) Effective Interest Rate on Debt % Explanation

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


PrologisProperty Mexico de CV Effective Interest Rate on Debt % Related Terms

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PrologisProperty Mexico de CV (PrologisProperty Mexico de CV) Business Description

Traded in Other Exchanges
Address
Paseo de los Tamarindos No. 90, Torre 2, Piso 22, Bosques de las Lomas, Mexico City, MEX, 05120
PrologisProperty Mexico SA de CV, formerly FIBRA Prologis is engaged in the acquisition, ownership, and leasing of industrial properties throughout Mexico. The company's real estate portfolio primarily comprises large warehouse buildings. Most of the square feet under Fibra Prologis' ownership is used for consumption-driven purposes, while a sizable percentage is also used for manufacturing. The company derives nearly all of its revenue as lease rental income from multinational firms. This income is fairly evenly split between its manufacturing-related facilities in Northern Mexico and consumption-related facilities located mainly in Central and Southern Mexico. In terms of total revenue, the majority of Fibra Prologis' customers are general retailers and third-party logistics firms.

PrologisProperty Mexico de CV (PrologisProperty Mexico de CV) Headlines