DRI Healthcare Trust (TSX:DHT.U) Effective Interest Rate on Debt % : 12.24% (As of Mar. 2025)

View and export this data going back to 2021. Start your Free Trial

What is DRI Healthcare 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. DRI Healthcare Trust's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $38.4 Mil. DRI Healthcare Trust's average total debt for the quarter that ended in Mar. 2025 was $313.8 Mil. Therefore, DRI Healthcare Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 12.24%.

DRI Healthcare Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for DRI Healthcare 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.

* Premium members only.

DRI Healthcare Trust Effective Interest Rate on Debt % Chart

DRI Healthcare Trust Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

5.09

4.59

13.67

15.20

DRI Healthcare Trust Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial												17.57	15.02	15.06	13.76	12.24

Competitive Comparison of DRI Healthcare Trust's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, DRI Healthcare 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.

DRI Healthcare Trust's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, DRI Healthcare Trust's Effective Interest Rate on Debt % distribution charts can be found below:

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

Save Embed

;

Save Embed

;

DRI Healthcare Trust Effective Interest Rate on Debt % Calculation

DRI Healthcare Trust's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -35.44	/	( (145.478	+	320.753)	/ 2 )
=	-1 * -35.44	/	233.1155
=	15.20 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	145.478	+	0
=	145.478

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	320.753	+	0
=	320.753

DRI Healthcare Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -38.428	/	( (320.753	+	306.929)	/ 2 )
=	-1 * -38.428	/	313.841
=	12.24 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	320.753	+	0
=	320.753

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	306.929	+	0
=	306.929

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 (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

DRI Healthcare Trust (TSX:DHT.U) Effective Interest Rate on Debt % Explanation

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

DRI Healthcare Trust Effective Interest Rate on Debt % Related Terms

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

DRI Healthcare Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » DRI Healthcare Trust (TSX:DHT.U) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

DHTRF:USA 3IJ0:Germany DHT.UN:Canada

Address

100 King Street West, 1 First Canadian Place, Suite 7250, Toronto, ON, CAN, M5X 1B1

Website

https://www.dricapital.com

DRI Healthcare Trust is engaged in pharmaceutical royalty monetization by providing capital to inventors, academic institutions, and biopharma companies. Trust was formed to provide Unitholders with differential exposure to the pharmaceutical and biotechnology industries through ownership and acquisitions of pharmaceutical royalties. In return for providing capital to biopharmaceutical innovators, the company is building a diversified portfolio of interests in medicines that have a demonstrable positive impact on the world. The Trust has concluded that it operates as one segment, focused on acquiring royalty assets. Geographically the trust generates it's key revenue from the United States. The trust also generates Income from markets such as Japan, and the European Union.

DRI Healthcare Trust Headlines

No Headlines