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Presidio Property Trust (Presidio Property Trust) Effective Interest Rate on Debt % : 5.43% (As of Dec. 2023)


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What is Presidio Property Trust 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. Presidio Property Trust's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $5.70 Mil. Presidio Property Trust's average total debt for the quarter that ended in Dec. 2023 was $105.12 Mil. Therefore, Presidio Property Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.43%.


Presidio Property Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for Presidio 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.

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Presidio Property Trust Effective Interest Rate on Debt % Chart

Presidio Property Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.89 6.25 4.49 5.07 4.89

Presidio Property Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.14 3.53 5.27 5.34 5.43

Competitive Comparison of Presidio Property Trust's Effective Interest Rate on Debt %

For the REIT - Diversified subindustry, Presidio 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.


Presidio Property Trust's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

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



Presidio Property Trust Effective Interest Rate on Debt % Calculation

Presidio Property Trust'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  *  -5.005/( (96.946+107.729)/ 2 )
=-1  *  -5.005/102.3375
=4.89 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=96.946 + 0
=96.946

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=107.729 + 0
=107.729

Presidio Property Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -5.704/( (102.512+107.729)/ 2 )
=-1  *  -5.704/105.1205
=5.43 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=102.512 + 0
=102.512

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=107.729 + 0
=107.729

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


Presidio Property Trust  (NAS:SQFT) Effective Interest Rate on Debt % Explanation

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


Presidio Property Trust Effective Interest Rate on Debt % Related Terms

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Presidio Property Trust (Presidio Property Trust) Business Description

Industry
Traded in Other Exchanges
Address
4995 Murphy Canyon Road, Suite 300, San Diego, CA, USA, 92123
Presidio Property Trust Inc is a real estate company. The company operates as a self-administered real estate investment trust. Presidio Property Trust's portfolio has diverse product types consisting of office, retail, industrial, self-storage, and residential properties. Its main objective is to maximize long-term stockholder value through the acquisition, management, leasing and selective redevelopment of high-quality office and industrial properties.
Executives
Tracie Jan Hager director 877 ISLAND AVENUE, UNIT 607, SAN DIEGO CA 92101
Steven Hightower director, other: President, NetREIT Advisors 6605 CYPRESSWOOD DRIVE, SUITE 430, SPRING TX 77379
Jack Kendrick Heilbron director, officer: Chief Executive Officer 16433 BRONCO LANE, POWAY CA 92064
Adam Sragovicz officer: Chief Financial Officer 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
James Robert Durfey director 818 BUCCANEER PT., DECATUR IL 62521
Larry Gene Dubose director 14218BENNEY BRIER, HOUSTON TX 77069
Bentzen Edwin H Iv officer: Chief Accounting Officer 2513 BIRCH HOLLOW ST, HENDERSON NV 89044
Jessica C Joelson officer: Chief Accounting Officer 4995 MURPHY CANYON ROAD, SUITE 300, SAN DIEGO CA 92123
Jennifer A Barnes director C/O PRESIDIO PROPERTY TRUST, INC., SAN DIEGO CA 92123
Laureen Ong director 1251 EAST MAIN STREET, STAMFORD CT 06902
Quyen Thi Dao-haddock officer: Chief Accounting Officer C/O: PRESIDIO PROPERTY TRUST, INC., 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Gary Morris Katz officer: SVP, Asset Management C/O: PRESIDIO PROPERTY TRUST, INC., 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Grant Harbert officer: Chief Financial Officer 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Heather L Pittard officer: Principal Accounting Officer 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Shirley Y Bullard director P.O. BOX 461837, ESCONDIDO CA 92046