Paragon REIT (SGX:SK6U) Effective Interest Rate on Debt % : 4.84% (As of Jun. 2024)

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What is Paragon 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. Paragon REIT's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was S$61.4 Mil. Paragon REIT's average total debt for the quarter that ended in Jun. 2024 was S$1,268.7 Mil. Therefore, Paragon REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 4.84%.

Paragon REIT Effective Interest Rate on Debt % Historical Data

The historical data trend for Paragon 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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Paragon REIT Effective Interest Rate on Debt % Chart

Paragon REIT Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.81

2.37

1.40

2.19

4.75

Paragon REIT Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.66	2.69	4.62	4.88	4.84

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

For the REIT - Retail subindustry, Paragon 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.

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

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

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

Paragon REIT Effective Interest Rate on Debt % Calculation

Paragon REIT's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -60.285	/	( (0	+	1268.689)	/ 1 )
=	-1 * -60.285	/	1268.689
=	4.75 %

where

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

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1045.647	+	223.042
=	1268.689

Paragon REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -61.406	/	( (1268.689	+	1268.734)	/ 2 )
=	-1 * -61.406	/	1268.7115
=	4.84 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1045.647	+	223.042
=	1268.689

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1045.776	+	222.958
=	1268.734

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

Paragon REIT (SGX:SK6U) Effective Interest Rate on Debt % Explanation

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

Paragon REIT Effective Interest Rate on Debt % Related Terms

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Paragon REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Paragon REIT (SGX:SK6U) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

50E:Germany

Address

79 Robinson Road, CapitaSky, Bridge+, Singapore, SGP, 068897

Website

https://www.paragonreit.com.sg

Paragon REIT is a real estate investment trust which focuses on retail properties in Singapore and other Asia Pacific regions. The trust comprises upscale retail malls, medical suite/office property, and shopping centers. Its segments include Paragon, Clementi Mall, Rail Mall, Figtree Grove, and Westfield Marion. It generates the majority of its revenue from the Paragon segment.

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