Mori Trust Reit (TSE:8961) Effective Interest Rate on Debt %: 0.58% (As of Feb. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:8961 Mori Trust Reit Inc TSE:8961
12 GF Score
Price 円74,400.00
View Full Analysis

What is Mori Trust Reit Effective Interest Rate on Debt %?

Mori Trust Reit TSE:8961 -0.13% 12 Effective Interest Rate on Debt % is 0.58% as of Feb. 2024. GuruFocus rates TSE:8961 with a GF Score™ of 12/100.

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. Mori Trust Reit's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was 円1,317 Mil. Mori Trust Reit's average total debt for the quarter that ended in Feb. 2024 was 円225,500 Mil. Therefore, Mori Trust Reit's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 0.58%.


Mori Trust Reit  (TSE:8961) Effective Interest Rate on Debt % Explanation

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


Mori Trust Reit Effective Interest Rate on Debt % Related Terms


Mori Trust Reit Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Mori Trust 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.

Mori Trust Reit Effective Interest Rate on Debt % Chart

Mori Trust Reit Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.57 0.49 0.45 0.46

Mori Trust Reit Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Aug23 Feb24 Aug24
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 0.45 0.48 0.67 0.58 0.64

TSE:8961 vs ARE, BXP, VNO: Effective Interest Rate on Debt % Comparison

For the REIT - Office subindustry, Mori Trust 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.


Mori Trust Reit Effective Interest Rate on Debt % vs REITs Industry

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

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


TSE:8961
12GF Score
Mori Trust Reit Inc TSE:8961
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mori Trust Reit Effective Interest Rate on Debt % Calculation

Mori Trust Reit's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2021 )+Total Debt  (A: Sep. 2022 ))/ count )
=-1  *  -720.855/( (155000+156000)/ 2 )
=-1  *  -720.855/155500
=0.46 %

where

Total Debt  (A: Sep. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=114500 + 40500
=155000

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=128000 + 28000
=156000

Mori Trust Reit's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Aug. 2023 )+Total Debt  (Q: Feb. 2024 ))/ count )
=-1  *  -1317.484/( (224500+226500)/ 2 )
=-1  *  -1317.484/225500
=0.58 %

where

Total Debt  (Q: Aug. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=169000 + 55500
=224500

Total Debt  (Q: Feb. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=171000 + 55500
=226500

* 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 (Feb. 2024) 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 0.58% mean?
Mori Trust Reit (TSE:8961) has a Effective Interest Rate on Debt % of 0.58% as of Feb. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Mori Trust Reit and its competitors.
Is Mori Trust Reit's Effective Interest Rate on Debt % too high?
Mori Trust Reit's current Effective Interest Rate on Debt % is 0.58%. Overall, Mori Trust Reit has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mori Trust Reit's Effective Interest Rate on Debt % compare to ARE and BXP?
Mori Trust Reit's Effective Interest Rate on Debt % of 0.58% 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 Mori Trust Reit and its competitors. Mori Trust Reit's current Effective Interest Rate on Debt % is 0.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mori Trust Reit stock overvalued right now?
Mori Trust Reit (TSE:8961) has a current Effective Interest Rate on Debt % of 0.58%. The current Effective Interest Rate on Debt % is 0.58%. Mori Trust Reit's overall GF Score™ is 12/100. 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 Mori Trust Reit (TSE:8961), the current Effective Interest Rate on Debt % is 0.58% as of Feb. 2024. 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.

Mori Trust Reit Business Description

Industry Real EstateREITs
Address 3-1 Toranomon 4-chome, Minato-ku, Tokyo, JPN
Mori Trust Reit Inc is a real estate investment trust company. Its objective is to achieve sustainable growth and stable earnings from mid- to long-term perspectives. It invests in office buildings, commercial facilities, housings, and hotels. The company owns more than 10 properties in and around Central Tokyo and others. The company generates its revenue from its leasing business.
12GF Score

Get the complete analysis for TSE:8961

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円74,400.00
Price