Reven Housing REIT (Reven Housing REIT) Effective Interest Rate on Debt % : 5.27% (As of Jun. 2019)

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What is Reven Housing REIT 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. Reven Housing REIT's annualized positive value of Interest Expense for the quarter that ended in Jun. 2019 was $3.19 Mil. Reven Housing REIT's average total debt for the quarter that ended in Jun. 2019 was $60.60 Mil. Therefore, Reven Housing REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 was 5.27%.

Reven Housing REIT Effective Interest Rate on Debt % Historical Data

The historical data trend for Reven Housing REIT'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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Reven Housing REIT Effective Interest Rate on Debt % Chart

Reven Housing REIT Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Effective Interest Rate on Debt %

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1.68

4.81

5.34

5.31

4.82

Reven Housing REIT Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.30	4.26	5.33	5.26	5.27

Competitive Comparison of Reven Housing REIT's Effective Interest Rate on Debt %

For the REIT - Residential subindustry, Reven Housing REIT'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.

Reven Housing REIT's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

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

Reven Housing REIT Effective Interest Rate on Debt % Calculation

Reven Housing REIT's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2017 )	+	Total Debt (A: Dec. 2018 ))	/ count )
=	-1 * -1.945	/	( (30.493	+	50.132)	/ 2 )
=	-1 * -1.945	/	40.3125
=	4.82 %

where

	Total Debt (A: Dec. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	30.493	+	0
=	30.493

	Total Debt (A: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	50.132	+	0
=	50.132

Reven Housing REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2019 )	+	Total Debt (Q: Jun. 2019 ))	/ count )
=	-1 * -3.192	/	( (60.578	+	60.614)	/ 2 )
=	-1 * -3.192	/	60.596
=	5.27 %

where

	Total Debt (Q: Mar. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	60.392	+	0.186
=	60.578

	Total Debt (Q: Jun. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	60.449	+	0.165
=	60.614

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 (Jun. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Reven Housing REIT (NAS:RVEN) Effective Interest Rate on Debt % Explanation

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

Reven Housing REIT Effective Interest Rate on Debt % Related Terms

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Reven Housing REIT (Reven Housing REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Reven Housing REIT Inc (NAS:RVEN) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

875 Prospect Street, Suite 304, La Jolla, CA, USA, 92037

Website

http://www.revenhousingreit.com

Reven Housing REIT Inc is a US-based company which engaged in the acquisition, ownership, and operation of portfolios of leased single-family homes (SFRs) in the United States. It operates its portfolio properties as single-family rentals generate revenues from rental income from the existing tenants of the SFRs acquired. The company owns nearly 600 single-family homes in the Houston, Jacksonville, Memphis and Atlanta metropolitan areas. Reven operates through the single segment of business being Operation of leased single-family homes. It earns the majority of its revenue from the United States.

Reven Housing REIT (Reven Housing REIT) Headlines

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Reven Housing REIT, Inc. Announces Offering of 6.0% Series A Cumulative Convertible Redeemable Preferred Stock

By PRNewswire PRNewswire • 10-23-2019