GPTGF (GPT Group) Effective Interest Rate on Debt % : 4.28% (As of Dec. 2024)

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What is GPT Group 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. GPT Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $135.5 Mil. GPT Group's average total debt for the quarter that ended in Dec. 2024 was $3,165.3 Mil. Therefore, GPT Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 4.28%.

GPT Group Effective Interest Rate on Debt % Historical Data

The historical data trend for GPT Group'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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GPT Group Effective Interest Rate on Debt % Chart

GPT Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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2.72

1.82

2.68

4.12

4.20

GPT Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.40	3.60	4.67	4.20	4.28

Competitive Comparison of GPT Group's Effective Interest Rate on Debt %

For the REIT - Diversified subindustry, GPT Group'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.

GPT Group's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where GPT Group's Effective Interest Rate on Debt % falls into.

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GPT Group Effective Interest Rate on Debt % Calculation

GPT Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -132.742	/	( (3234.739	+	3081.761)	/ 2 )
=	-1 * -132.742	/	3158.25
=	4.20 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3049.331	+	185.408
=	3234.739

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2706.27	+	375.491
=	3081.761

GPT Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -135.528	/	( (3248.937	+	3081.761)	/ 2 )
=	-1 * -135.528	/	3165.349
=	4.28 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2664.807	+	584.13
=	3248.937

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2706.27	+	375.491
=	3081.761

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

GPT Group (OTCPK:GPTGF) Effective Interest Rate on Debt % Explanation

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

GPT Group Effective Interest Rate on Debt % Related Terms

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GPT Group Business Description

Industry

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46T:Germany GPT:Australia

Address

25 Martin Place, Level 51, Sydney, NSW, AUS, 2000

Website

https://www.gpt.com.au

GPT Group is Australia's first property trust. GPT has ownership interest in, manages, and develops a diversified portfolio of retail, office and logistics assets that are predominantly located in Sydney and Melbourne. Retail and office, including contributions from their respective funds management, each account for about two fifths of group funds from operations. The rest of the earnings come from logistics. GPT manages third-party assets and mandates of AUD 22 billion as of December 2024.