Dream Impact Trust (Dream Impact Trust) Effective Interest Rate on Debt % : 5.88% (As of Mar. 2024)

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What is Dream Impact 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. Dream Impact Trust's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $11.85 Mil. Dream Impact Trust's average total debt for the quarter that ended in Mar. 2024 was $201.63 Mil. Therefore, Dream Impact Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.88%.

Dream Impact Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for Dream Impact 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.

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Dream Impact Trust Effective Interest Rate on Debt % Chart

Dream Impact Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.43

3.66

3.89

4.58

6.18

Dream Impact Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.54	5.93	5.87	5.84	5.88

Competitive Comparison of Dream Impact Trust's Effective Interest Rate on Debt %

For the REIT - Diversified subindustry, Dream Impact 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.

Dream Impact Trust's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where Dream Impact Trust's Effective Interest Rate on Debt % falls into.

Dream Impact Trust Effective Interest Rate on Debt % Calculation

Dream Impact 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 * -11.377	/	( (166.607	+	201.294)	/ 2 )
=	-1 * -11.377	/	183.9505
=	6.18 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	166.607	+	0
=	166.607

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	201.294	+	0
=	201.294

Dream Impact Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -11.852	/	( (201.294	+	201.958)	/ 2 )
=	-1 * -11.852	/	201.626
=	5.88 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	201.294	+	0
=	201.294

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	201.958	+	0
=	201.958

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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Dream Impact Trust (OTCPK:DDHRF) Effective Interest Rate on Debt % Explanation

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

Dream Impact Trust Effective Interest Rate on Debt % Related Terms

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Dream Impact Trust (Dream Impact Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Impact Trust (OTCPK:DDHRF) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

MPCT.UN:Canada

Address

30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1

Website

https://www.dream.ca

Dream Impact Trust is a Canada-based open-ended trust. It is focused on asset alternative investments consisting of real estate, real estate lending, real estate development, and renewable power. The objective is to generate financial returns along with positive social and environmental impacts. It has two operating segments: The development and investment holdings segment is comprised of direct and indirect investments in residential and mixed-use developments, a hospitality asset, and participating mortgage receivables and the Recurring income segment is comprised of a portfolio of stabilized office and commercial real estate income properties and multi-family rental assets over which the trust has significant influence, joint control, or control, and interest-paying corporate loans.