GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Daiwa Securities Living Investment Corp (TSE:8986) » Definitions » Effective Interest Rate on Debt %

Daiwa Securities Living Investment (TSE:8986) Effective Interest Rate on Debt % : 0.60% (As of Sep. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Daiwa Securities Living Investment 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. Daiwa Securities Living Investment's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was 円1,133 Mil. Daiwa Securities Living Investment's average total debt for the quarter that ended in Sep. 2023 was 円188,137 Mil. Therefore, Daiwa Securities Living Investment's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.60%.


Daiwa Securities Living Investment Effective Interest Rate on Debt % Historical Data

The historical data trend for Daiwa Securities Living Investment'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.

* Premium members only.

Daiwa Securities Living Investment Effective Interest Rate on Debt % Chart

Daiwa Securities Living Investment 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 0.77 0.70 0.62 0.61 0.60

Daiwa Securities Living Investment Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.60 0.60 0.60 0.60 0.60

Competitive Comparison of Daiwa Securities Living Investment's Effective Interest Rate on Debt %

For the REIT - Residential subindustry, Daiwa Securities Living Investment'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.


Daiwa Securities Living Investment's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where Daiwa Securities Living Investment's Effective Interest Rate on Debt % falls into.



Daiwa Securities Living Investment Effective Interest Rate on Debt % Calculation

Daiwa Securities Living Investment'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  *  -1068.411/( (172687+181687)/ 2 )
=-1  *  -1068.411/177187
=0.60 %

where

Total Debt  (A: Sep. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=159187 + 13500
=172687

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=163487 + 18200
=181687

Daiwa Securities Living Investment's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -1133.48/( (188137+188137)/ 2 )
=-1  *  -1133.48/188137
=0.60 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=167597 + 20540
=188137

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=169147 + 18990
=188137

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


Daiwa Securities Living Investment  (TSE:8986) Effective Interest Rate on Debt % Explanation

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


Daiwa Securities Living Investment Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Daiwa Securities Living Investment's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Daiwa Securities Living Investment (TSE:8986) Business Description

Traded in Other Exchanges
N/A
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN, 105-0004
Daiwa Securities Living Investment Corp is an investment company operating in Japan. It invests in specified assets such as real estates that are used for residential purposes which are located across Japan.

Daiwa Securities Living Investment (TSE:8986) Headlines

No Headlines