Swire Properties (Swire Properties) Effective Interest Rate on Debt % : 2.00% (As of Dec. 2023)

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What is Swire Properties 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. Swire Properties's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $97 Mil. Swire Properties's average total debt for the quarter that ended in Dec. 2023 was $4,830 Mil. Therefore, Swire Properties's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.00%.

Swire Properties Effective Interest Rate on Debt % Historical Data

The historical data trend for Swire Properties'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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Swire Properties Effective Interest Rate on Debt % Chart

Swire Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.29

1.78

1.49

0.81

1.84

Swire Properties 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															1.39	0.75	0.97	1.55	2.00

Competitive Comparison of Swire Properties's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Swire Properties'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.

Swire Properties's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

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

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

Swire Properties Effective Interest Rate on Debt % Calculation

Swire Properties'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 * -76.827	/	( (3011.92	+	5349.176)	/ 2 )
=	-1 * -76.827	/	4180.548
=	1.84 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2911.861	+	100.059
=	3011.92

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4370.534	+	978.642
=	5349.176

Swire Properties'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 * -96.802	/	( (4310.099	+	5349.176)	/ 2 )
=	-1 * -96.802	/	4829.6375
=	2.00 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4261.969	+	48.13
=	4310.099

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4370.534	+	978.642
=	5349.176

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.

Swire Properties (OTCPK:SWPFF) Effective Interest Rate on Debt % Explanation

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

Swire Properties Effective Interest Rate on Debt % Related Terms

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Swire Properties (Swire Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Swire Properties Ltd (OTCPK:SWPFF) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

01972:Hong Kong SW9:Germany

Address

88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG

Website

https://www.swireproperties.com

Swire Properties is a Hong Kong-based property investor, and Hong Kong's largest office landlord. Its Hong Kong portfolio provides more than 13 million square feet of gross floor area, with its portfolio of Grade A office contributing more than 9 million square feet. The firm also holds investment properties and development projects in China, the United States and Southeast Asia. Rental income accounts for over 60% of its total revenue, with property development and hotel operations contributing the balance. The company was listed in 2012. Parent company Swire Pacific holds an 82% stake.