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CapitaLand Integrated Commercial Trust (SGX:C38U) Effective Interest Rate on Debt % : 4.08% (As of Dec. 2023)


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What is CapitaLand Integrated Commercial 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 Integrated Commercial Trust's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was S$391 Mil. CapitaLand Integrated Commercial Trust's average total debt for the quarter that ended in Dec. 2023 was S$9,572 Mil. Therefore, CapitaLand Integrated Commercial Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.08%.


CapitaLand Integrated Commercial Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for CapitaLand Integrated Commercial 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 Integrated Commercial Trust Effective Interest Rate on Debt % Chart

CapitaLand Integrated Commercial Trust 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 3.22 2.12 2.15 2.63 3.62

CapitaLand Integrated Commercial 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 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 1.90 2.18 2.82 3.12 4.08

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

For the REIT - Retail subindustry, CapitaLand Integrated Commercial 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 Integrated Commercial Trust's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

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



CapitaLand Integrated Commercial Trust Effective Interest Rate on Debt % Calculation

CapitaLand Integrated Commercial 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  *  -345.632/( (9611.262+9503.258)/ 2 )
=-1  *  -345.632/9557.26
=3.62 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8454.285 + 1156.977
=9611.262

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8500.431 + 1002.827
=9503.258

CapitaLand Integrated Commercial 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  *  -390.816/( (9641.56+9503.258)/ 2 )
=-1  *  -390.816/9572.409
=4.08 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9208.482 + 433.078
=9641.56

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8500.431 + 1002.827
=9503.258

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


CapitaLand Integrated Commercial Trust  (SGX:C38U) Effective Interest Rate on Debt % Explanation

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


CapitaLand Integrated Commercial Trust Effective Interest Rate on Debt % Related Terms

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CapitaLand Integrated Commercial Trust (SGX:C38U) Business Description

Traded in Other Exchanges
Address
168 Robinson Road, No. 30-01 Capital Tower, Singapore, SGP, 068912
CapitaLand Integrated Commercial Trust was established following the merger between CapitaLand Mall Trust and CapitaLand Commercial Trust in October 2020. The trust has a diversified portfolio of 26 properties, which includes offices (mainly in the central business district), retail malls (includes urban and suburban malls), and integrated development. Most of its properties are located in Singapore, with assets in Germany and Australia making up less than 10% of its portfolio. The trust is externally managed by CapitaLand Integrated Commercial Trust Management; parent CapitaLand retains a 23% stake in CICT.

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