Alahli REIT Fund 1 (SAU:4338) Effective Interest Rate on Debt % : 5.84% (As of Jun. 2023)

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What is Alahli REIT Fund 1 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. Alahli REIT Fund 1's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was ﷼36.1 Mil. Alahli REIT Fund 1's average total debt for the quarter that ended in Jun. 2023 was ﷼618.6 Mil. Therefore, Alahli REIT Fund 1's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 5.84%.

Alahli REIT Fund 1 Effective Interest Rate on Debt % Historical Data

The historical data trend for Alahli REIT Fund 1'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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Alahli REIT Fund 1 Effective Interest Rate on Debt % Chart

Alahli REIT Fund 1 Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

1.77

3.30

2.62

3.63

Alahli REIT Fund 1 Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						2.65	2.49	2.69	4.64	5.84

Competitive Comparison of Alahli REIT Fund 1's Effective Interest Rate on Debt %

For the REIT - Diversified subindustry, Alahli REIT Fund 1'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.

Alahli REIT Fund 1's Effective Interest Rate on Debt % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Alahli REIT Fund 1's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Alahli REIT Fund 1's Effective Interest Rate on Debt % falls into.

Alahli REIT Fund 1 Effective Interest Rate on Debt % Calculation

Alahli REIT Fund 1'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 * -20.85	/	( (558.728	+	589.203)	/ 2 )
=	-1 * -20.85	/	573.9655
=	3.63 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	558.728	+	0
=	558.728

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	589.203	+	0
=	589.203

Alahli REIT Fund 1's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * -36.136	/	( (589.203	+	648.032)	/ 2 )
=	-1 * -36.136	/	618.6175
=	5.84 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	589.203	+	0
=	589.203

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	648.032	+	0
=	648.032

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Alahli REIT Fund 1 (SAU:4338) Effective Interest Rate on Debt % Explanation

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

Alahli REIT Fund 1 Effective Interest Rate on Debt % Related Terms

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Alahli REIT Fund 1 (SAU:4338) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alahli REIT Fund 1 (SAU:4338) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Saud Road, P.O. Box 22216, Regional Building of National Commercial Bank, Riyadh, SAU, 11495

Website

https://www.alahlireit.com

Alahli REIT Fund 1 invests in income-producing properties. Its objective is to provide periodic rental income to Unitholders through investing in developed income-generating properties and to potentially provide capital growth by developing and/or expanding and/or selling assets. The Fund invests mainly in developed income-generating real estate assets and may invest part of its assets and cash surplus in Murabaha transactions and short-term deposits in Saudi Riyals with banks that are licensed by the Saudi Central Bank (SAMA) and operate in Saudi Arabia. The Fund may also invest in public money market funds approved by CMA.

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