Sunstone Hotel Investors (FRA:UF2) Effective Interest Rate on Debt % : 5.94% (As of Mar. 2024)

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What is Sunstone Hotel Investors 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. Sunstone Hotel Investors's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €45.3 Mil. Sunstone Hotel Investors's average total debt for the quarter that ended in Mar. 2024 was €762.9 Mil. Therefore, Sunstone Hotel Investors's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.94%.

Sunstone Hotel Investors Effective Interest Rate on Debt % Historical Data

The historical data trend for Sunstone Hotel Investors'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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Sunstone Hotel Investors Effective Interest Rate on Debt % Chart

Sunstone Hotel Investors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.10

5.21

4.64

4.45

5.81

Sunstone Hotel Investors 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															6.35	5.88	6.12	6.03	5.94

Competitive Comparison of Sunstone Hotel Investors's Effective Interest Rate on Debt %

For the REIT - Hotel & Motel subindustry, Sunstone Hotel Investors'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.

Sunstone Hotel Investors's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where Sunstone Hotel Investors's Effective Interest Rate on Debt % falls into.

Sunstone Hotel Investors Effective Interest Rate on Debt % Calculation

Sunstone Hotel Investors'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 * -44.914	/	( (785.118	+	762.297)	/ 2 )
=	-1 * -44.914	/	773.7075
=	5.81 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	577.438	+	207.68
=	785.118

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	694.393	+	67.904
=	762.297

Sunstone Hotel Investors'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 * -45.312	/	( (762.297	+	763.598)	/ 2 )
=	-1 * -45.312	/	762.9475
=	5.94 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	694.393	+	67.904
=	762.297

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	234.598	+	529
=	763.598

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.

Sunstone Hotel Investors (FRA:UF2) Effective Interest Rate on Debt % Explanation

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

Sunstone Hotel Investors Effective Interest Rate on Debt % Related Terms

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Sunstone Hotel Investors (FRA:UF2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sunstone Hotel Investors Inc (FRA:UF2) » Definitions » Effective Interest Rate on Debt %

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SHO:USA

Address

15 Enterprise, Suite 200, Aliso Viejo, CA, USA, 92656

Website

https://www.sunstonehotels.com

Sunstone Hotel Investors Inc is a real estate investment trust that acquires, owns, manages, and renovates the full-service hotel and select-service hotel properties across various states in the United States. The firm's portfolio consists primarily of urban, upper-upscale hotels. The vast majority of these hotels are managed under Marriott, Hilton, Fairmont, and Sheraton brands. Regionally, the company's assets are located in its California, Other West, Midwest, and East geographical segments within the U.S. The majority of the company's revenue is derived from its Eastern operations, closely followed by its Californian operations. Sunstone's sole source of income is hotel revenue from its hotel ownership segment.

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