Inovalis Real Estate Investment Trust (TSX:INO.UN) Effective Interest Rate on Debt % : 4.07% (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Inovalis Real Estate Investment 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. Inovalis Real Estate Investment Trust's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was C$8.89 Mil. Inovalis Real Estate Investment Trust's average total debt for the quarter that ended in Dec. 2023 was C$218.66 Mil. Therefore, Inovalis Real Estate Investment Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.07%.

Inovalis Real Estate Investment Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for Inovalis Real Estate Investment 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.

Inovalis Real Estate Investment Trust Effective Interest Rate on Debt % Chart

Inovalis Real Estate Investment 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

2.95

2.77

2.01

2.13

3.67

Inovalis Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.83	3.00	3.86	3.93	4.07

Competitive Comparison of Inovalis Real Estate Investment Trust's Effective Interest Rate on Debt %

For the REIT - Office subindustry, Inovalis Real Estate Investment 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.

Inovalis Real Estate Investment Trust's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where Inovalis Real Estate Investment Trust's Effective Interest Rate on Debt % falls into.

Inovalis Real Estate Investment Trust Effective Interest Rate on Debt % Calculation

Inovalis Real Estate Investment 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 * -8.481	/	( (243.093	+	219.446)	/ 2 )
=	-1 * -8.481	/	231.2695
=	3.67 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	198.62	+	44.473
=	243.093

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	162.075	+	57.371
=	219.446

Inovalis Real Estate Investment 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 * -8.892	/	( (217.878	+	219.446)	/ 2 )
=	-1 * -8.892	/	218.662
=	4.07 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	161.095	+	56.783
=	217.878

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	162.075	+	57.371
=	219.446

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.

Inovalis Real Estate Investment Trust (TSX:INO.UN) Effective Interest Rate on Debt % Explanation

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

Inovalis Real Estate Investment Trust Effective Interest Rate on Debt % Related Terms

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

Inovalis Real Estate Investment Trust (TSX:INO.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Inovalis Real Estate Investment Trust (TSX:INO.UN) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

IVREF:USA

Address

151 Yonge Street, 11th Floor, Toronto, ON, CAN, M5C 2W7

Website

https://www.inovalisreit.com

Inovalis Real Estate Investment Trust is a Canada based open-ended real estate investment trust. The REIT Properties consist of office properties that are used for the rental of office space leased to corporate clients in urban areas. Its properties portfolio includes office rental properties located in France and Germany. The majority of its revenue is generated from rental income in France. The REIT operates a portfolio of investment properties located in France, Germany and Spain.

Inovalis Real Estate Investment Trust (TSX:INO.UN) Headlines

No Headlines