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British Land Co (British Land Co) Effective Interest Rate on Debt % : 4.89% (As of Sep. 2023)


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What is British Land 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. British Land Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $138.6 Mil. British Land Co's average total debt for the quarter that ended in Sep. 2023 was $2,836.3 Mil. Therefore, British Land Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 4.89%.


British Land Co Effective Interest Rate on Debt % Historical Data

The historical data trend for British Land 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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British Land Co Effective Interest Rate on Debt % Chart

British Land Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 2.78 3.20 3.10 3.35

British Land Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 3.43 3.09 3.52 4.10 4.89

Competitive Comparison of British Land Co's Effective Interest Rate on Debt %

For the REIT - Diversified subindustry, British Land 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.


British Land Co's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

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



British Land Co Effective Interest Rate on Debt % Calculation

British Land Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -109.223/( (3619.236+2904.127)/ 2 )
=-1  *  -109.223/3261.6815
=3.35 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3362.319 + 256.917
=3619.236

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2408.981 + 495.146
=2904.127

British Land Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -138.614/( (2904.127+2768.564)/ 2 )
=-1  *  -138.614/2836.3455
=4.89 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2408.981 + 495.146
=2904.127

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2400.99 + 367.574
=2768.564

* 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 (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


British Land Co  (OTCPK:BRLAF) Effective Interest Rate on Debt % Explanation

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


British Land Co Effective Interest Rate on Debt % Related Terms

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British Land Co (British Land Co) Business Description

Industry
Traded in Other Exchanges
Address
45 Seymour Street, York House, London, GBR, W1H 7LX
British Land Co PLC is a real estate investment trust that owns, manages, and develops a portfolio of properties across the United Kingdom. The REIT categorizes its portfolio into three types: Offices, Retail, and Canada Water. The retail and leisure portfolio, which accounts for approximately half of total assets, consists of retail stores, shopping centers, and leisure venues. The offices and residential portfolio focuses on offices and residential buildings in London and the West End region and also accounts for approximately half of the entire portfolio. Development, the remaining small portion of portfolio value, represents British Land's London-based development projects.

British Land Co (British Land Co) Headlines

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