MHPC (Manufactured Housing Properties) Effective Interest Rate on Debt %: 9.83% (As of Sep. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MHPC Manufactured Housing Properties Inc MHPC
12 GF Score
Price $0.00
View Full Analysis

What is Manufactured Housing Properties Effective Interest Rate on Debt %?

Manufactured Housing Properties MHPC 12 Effective Interest Rate on Debt % is 9.83% as of Sep. 2023. GuruFocus rates MHPC with a GF Score™ of 12/100.

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. Manufactured Housing Properties's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $9.46 Mil. Manufactured Housing Properties's average total debt for the quarter that ended in Sep. 2023 was $96.28 Mil. Therefore, Manufactured Housing Properties's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 9.83%.


Manufactured Housing Properties  (OTCPK:MHPC) Effective Interest Rate on Debt % Explanation

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


Manufactured Housing Properties Effective Interest Rate on Debt % Related Terms


Manufactured Housing Properties Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Manufactured Housing Properties'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.

Manufactured Housing Properties Effective Interest Rate on Debt % Chart

Manufactured Housing Properties Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.01 6.02 5.93 4.92 7.85

Manufactured Housing Properties Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 8.34 8.29 9.40 9.82 9.83

MHPC vs WEWKQ, GYRO, LRHC: Effective Interest Rate on Debt % Comparison

For the Real Estate Services subindustry, Manufactured Housing Properties'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.


Manufactured Housing Properties Effective Interest Rate on Debt % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Manufactured Housing Properties's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Manufactured Housing Properties's Effective Interest Rate on Debt % falls into.


MHPC
12GF Score
Manufactured Housing Properties Inc MHPC
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manufactured Housing Properties Effective Interest Rate on Debt % Calculation

Manufactured Housing Properties's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -5.526/( (56.742+84.093)/ 2 )
=-1  *  -5.526/70.4175
=7.85 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=50.541 + 6.201
=56.742

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=77.884 + 6.209
=84.093

Manufactured Housing Properties'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: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -9.464/( (96.257+96.293)/ 2 )
=-1  *  -9.464/96.275
=9.83 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=88.758 + 7.499
=96.257

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=88.948 + 7.345
=96.293

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

What does a Effective Interest Rate on Debt % of 9.83% mean?
Manufactured Housing Properties (MHPC) has a Effective Interest Rate on Debt % of 9.83% as of Sep. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Manufactured Housing Properties and its competitors.
Is Manufactured Housing Properties' Effective Interest Rate on Debt % too high?
Manufactured Housing Properties' current Effective Interest Rate on Debt % is 9.83%. Overall, Manufactured Housing Properties has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Manufactured Housing Properties' Effective Interest Rate on Debt % compare to WEWKQ and GYRO?
Manufactured Housing Properties' Effective Interest Rate on Debt % of 9.83% can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Real Estate company?
A good Effective Interest Rate on Debt % depends on the Real Estate industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Manufactured Housing Properties and its competitors. Manufactured Housing Properties's current Effective Interest Rate on Debt % is 9.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manufactured Housing Properties stock overvalued right now?
Manufactured Housing Properties (MHPC) has a current Effective Interest Rate on Debt % of 9.83%. The current Effective Interest Rate on Debt % is 9.83%. Manufactured Housing Properties' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Manufactured Housing Properties (MHPC), the current Effective Interest Rate on Debt % is 9.83% as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Manufactured Housing Properties Business Description

Address 136 Main Street, Pineville, NC, USA, 28134
Manufactured Housing Properties Inc is a self-administered, self-managed, vertically integrated owner and operator of manufactured housing communities. It provides non-subsidized affordable housing facilities. The company earns income from leasing manufactured home sites to tenants who own their manufactured homes as well as the rental of company-owned manufactured homes to residents of the communities. Its communities are located in Georgia, North Carolina, South Carolina, and Tennessee.
12GF Score

Get the complete analysis for MHPC

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price