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Tejon Ranch Co (Tejon Ranch Co) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Tejon Ranch Co 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. Tejon Ranch Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.00 Mil. Tejon Ranch Co's average total debt for the quarter that ended in Dec. 2023 was $48.29 Mil. Therefore, Tejon Ranch Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Tejon Ranch Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Tejon Ranch Co'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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Tejon Ranch Co Effective Interest Rate on Debt % Chart

Tejon Ranch Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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Tejon Ranch Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Tejon Ranch Co's Effective Interest Rate on Debt %

For the Conglomerates subindustry, Tejon Ranch Co'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.


Tejon Ranch Co's Effective Interest Rate on Debt % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tejon Ranch Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Tejon Ranch Co's Effective Interest Rate on Debt % falls into.



Tejon Ranch Co Effective Interest Rate on Debt % Calculation

Tejon Ranch Co'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/( (49.94+47.942)/ 2 )
=-1  *  0/48.941
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=48.161 + 1.779
=49.94

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=47.942 + 0
=47.942

Tejon Ranch Co'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/( (48.637+47.942)/ 2 )
=-1  *  0/48.2895
=0.00 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=46.793 + 1.844
=48.637

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=47.942 + 0
=47.942

* 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.


Tejon Ranch Co  (NYSE:TRC) Effective Interest Rate on Debt % Explanation

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


Tejon Ranch Co Effective Interest Rate on Debt % Related Terms

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Tejon Ranch Co (Tejon Ranch Co) Business Description

Industry
Traded in Other Exchanges
N/A
Address
P.O. Box 1000, Tejon Ranch, CA, USA, 93243
Tejon Ranch Co is a diversified real estate development and agribusiness company committed to responsibly using its land and resources to meet the housing, employment, and lifestyle needs of Californians and create value for its shareholders. It has five segments namely commercial/industrial real estate development, resort/residential real estate development, mineral resources, farming, and ranch operations. The company generates revenue from Real estate—commercial/industrial segment.
Executives
Towerview Llc director, 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022
Brett A Brown officer: Executive Vice President / CFO C/O INLAND REAL ESTATE CORPORATION, 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Susan K Hori director 2046 VISTA CAJON, NEWPORT BEACH CA 92660
Marc William Hardy officer: SVP, General Counsel 28 ALDERBROOK, IRVINE CA 92604
Rhea Frawn Morgan director 31546 FLYING CLOUD DRIVE, LAGUNA NIGUEL CA 92677
Dt Four Partners, Llc director, 10 percent owner 655 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10065
Jeannie Lynn Fuller director 6218 DE LA GUERRA TERRACE, BAKERSFIELD CA 93306
Michael H Winer director 8235 MANJARES, MONTEREY CA 93940
Geoffrey L Stack director
Frederick C Tuomi director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Joseph N Rentfro officer: Executive VP- Real Estate P.O. BOX 1000, TEJON RANCH CA 93243
Mcmahon Hugh F. Iv officer: Senior Vice President - RE 4436 LEBEC RD., P.O. BOX 1000, TEJON RANCH CA 93243
Gregory S. Bielli director, officer: President/CEO P.O. BOX 1000, LEBEC CA 93243
Allen E Lyda officer: Vice President / CFO
Steven A. Betts director 3300 NORTH THIRD AVE., PHOENIX AZ 85013

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