RYPTF (RNY Property Trust) Effective Interest Rate on Debt %: 9.56% (As of Jun. 2020)


What is RNY Property Trust Effective Interest Rate on Debt %?

RNY Property Trust RYPTF Effective Interest Rate on Debt % is 9.56% as of Jun. 2020.

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. RNY Property Trust's annualized positive value of Interest Expense for the quarter that ended in Jun. 2020 was $0.09 Mil. RNY Property Trust's average total debt for the quarter that ended in Jun. 2020 was $0.98 Mil. Therefore, RNY Property Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2020 was 9.56%.


RNY Property Trust  (GREY:RYPTF) Effective Interest Rate on Debt % Explanation

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


RNY Property Trust Effective Interest Rate on Debt % Related Terms


RNY Property Trust Effective Interest Rate on Debt % Historical Data

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The historical data trend for RNY Property 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.

RNY Property Trust Effective Interest Rate on Debt % Chart

RNY Property Trust Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 199.20 217.53 196.79 3.20 8.57

RNY Property Trust Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 0.00 0.00 10.02 9.40 9.56

RYPTF vs DLR, ARE, BXP: Effective Interest Rate on Debt % Comparison

For the REIT - Office subindustry, RNY Property 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.


RNY Property Trust Effective Interest Rate on Debt % vs REITs Industry

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

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



RNY Property Trust Effective Interest Rate on Debt % Calculation

RNY Property Trust's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2018 )+Total Debt  (A: Dec. 2019 ))/ count )
=-1  *  -0.076/( (0.754+1.02)/ 2 )
=-1  *  -0.076/0.887
=8.57 %

where

Total Debt  (A: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.208 + 0.546
=0.754

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.209 + 0.811
=1.02

RNY Property Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2019 )+Total Debt  (Q: Jun. 2020 ))/ count )
=-1  *  -0.094/( (1.02+0.947)/ 2 )
=-1  *  -0.094/0.9835
=9.56 %

where

Total Debt  (Q: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.209 + 0.811
=1.02

Total Debt  (Q: Jun. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.093 + 0.854
=0.947

* 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 two times the semi-annual (Jun. 2020) 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 9.56% mean?
RNY Property Trust (RYPTF) has a Effective Interest Rate on Debt % of 9.56% as of Jun. 2020. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on RNY Property Trust and its competitors.
Is RNY Property Trust's Effective Interest Rate on Debt % too high?
RNY Property Trust's current Effective Interest Rate on Debt % is 9.56%.
How does RNY Property Trust's Effective Interest Rate on Debt % compare to DLR and ARE?
RNY Property Trust's Effective Interest Rate on Debt % of 9.56% can be compared against companies in the REITs 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 REITs company?
A good Effective Interest Rate on Debt % depends on the REITs 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 RNY Property Trust and its competitors. RNY Property Trust's current Effective Interest Rate on Debt % is 9.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RNY Property Trust stock overvalued right now?
RNY Property Trust (RYPTF) has a current Effective Interest Rate on Debt % of 9.56%. The current Effective Interest Rate on Debt % is 9.56%. 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 RNY Property Trust (RYPTF), the current Effective Interest Rate on Debt % is 9.56% as of Jun. 2020. 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.

RNY Property Trust Business Description

Industry Real EstateREITs
Address 37 Bligh Street, Level 3, Suite 301, Sydney, NSW, AUS, 2000
RNY Property Trust formerly Reckson New York Property Trust is a real estate investment trust with the primary strategy of investing in office properties in the New York Tri State area in the United States. It generates revenue in the form of rental income from investment properties. Its portfolio consists of more than 12 office properties in the New York Tri-State area key submarkets which include Westchester County, Fairfield County, and Northern New Jersey.