American Homes 4 Rent (American Homes 4 Rent) Effective Interest Rate on Debt % : 3.16% (As of Dec. 2023)

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What is American Homes 4 Rent 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. American Homes 4 Rent's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $140.36 Mil. American Homes 4 Rent's average total debt for the quarter that ended in Dec. 2023 was $4,436.90 Mil. Therefore, American Homes 4 Rent's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.16%.

American Homes 4 Rent Effective Interest Rate on Debt % Historical Data

The historical data trend for American Homes 4 Rent'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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American Homes 4 Rent Effective Interest Rate on Debt % Chart

American Homes 4 Rent Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.51

4.13

3.41

3.20

3.11

American Homes 4 Rent 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															3.24	3.21	3.17	3.13	3.16

Competitive Comparison of American Homes 4 Rent's Effective Interest Rate on Debt %

For the REIT - Residential subindustry, American Homes 4 Rent'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.

American Homes 4 Rent's Effective Interest Rate on Debt % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Homes 4 Rent's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where American Homes 4 Rent's Effective Interest Rate on Debt % falls into.

American Homes 4 Rent Effective Interest Rate on Debt % Calculation

American Homes 4 Rent'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 * -140.198	/	( (4536.753	+	4479.935)	/ 2 )
=	-1 * -140.198	/	4508.344
=	3.11 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4406.753	+	130
=	4536.753

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4389.935	+	90
=	4479.935

American Homes 4 Rent'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 * -140.364	/	( (4393.861	+	4479.935)	/ 2 )
=	-1 * -140.364	/	4436.898
=	3.16 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4393.861	+	0
=	4393.861

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4389.935	+	90
=	4479.935

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.

American Homes 4 Rent (NYSE:AMHpD.PFD) Effective Interest Rate on Debt % Explanation

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

American Homes 4 Rent Effective Interest Rate on Debt % Related Terms

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American Homes 4 Rent (American Homes 4 Rent) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Homes 4 Rent (NYSE:AMHpD.PFD) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

AMHpH.PFD:USA AMHpG.PFD:USA AMH:USA A4XA:Germany

Address

280 Pilot Road, Las Vegas, NV, USA, 89119

Website

https://www.amh.com

American Homes 4 Rent is a real estate investment trust primarily focused on acquiring, operating, and leasing single-family homes as rental properties throughout the United States. The company's real estate portfolio is largely comprised of single-family properties in urban markets in the Southern and Midwestern regions of the U.S. American Homes 4 Rent's land holdings also represent a sizable percentage of its total assets in terms of value. The company derives the vast majority of its income in the form of rental revenue from single-family properties through short-term or annual leases. The firm's largest geographical markets include Dallas, Texas; Indianapolis, Indiana; Atlanta, Georgia; and Charlotte, North Carolina in terms of the number of properties in each.