Merlin Properties SOCIMI (WBO:MERL) Effective Interest Rate on Debt % : 2.34% (As of Mar. 2024)

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What is Merlin Properties SOCIMI 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. Merlin Properties SOCIMI's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €109.0 Mil. Merlin Properties SOCIMI's average total debt for the quarter that ended in Mar. 2024 was €4,668.0 Mil. Therefore, Merlin Properties SOCIMI's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.34%.

Merlin Properties SOCIMI Effective Interest Rate on Debt % Historical Data

The historical data trend for Merlin Properties SOCIMI'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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Merlin Properties SOCIMI Effective Interest Rate on Debt % Chart

Merlin Properties SOCIMI Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.06

2.43

1.90

1.98

2.50

Merlin Properties SOCIMI Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.82	2.95	2.54	3.39	2.34

Competitive Comparison of Merlin Properties SOCIMI's Effective Interest Rate on Debt %

For the REIT - Office subindustry, Merlin Properties SOCIMI'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.

Merlin Properties SOCIMI's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where Merlin Properties SOCIMI's Effective Interest Rate on Debt % falls into.

Merlin Properties SOCIMI Effective Interest Rate on Debt % Calculation

Merlin Properties SOCIMI'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 * -109.516	/	( (4249.281	+	4523.912)	/ 2 )
=	-1 * -109.516	/	4386.5965
=	2.50 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3471.45	+	777.831
=	4249.281

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4498.043	+	25.869
=	4523.912

Merlin Properties SOCIMI's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -109.04	/	( (4523.912	+	4812.069)	/ 2 )
=	-1 * -109.04	/	4667.9905
=	2.34 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4498.043	+	25.869
=	4523.912

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4763.091	+	48.978
=	4812.069

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

Merlin Properties SOCIMI (WBO:MERL) Effective Interest Rate on Debt % Explanation

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

Merlin Properties SOCIMI Effective Interest Rate on Debt % Related Terms

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Merlin Properties SOCIMI (WBO:MERL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Merlin Properties SOCIMI SA (WBO:MERL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

MRPRF:USA MRL:Portugal MRLe:UK 0QVM:UK MRL:Spain MEQA:Germany

Address

Paseo de la Castellana 257, Madrid, ESP, 28046

Website

https://www.merlinproperties.com

Merlin Properties SOCIMI SA is a Spain-based company engaged in the operation of the real estate investment trust. The main activity of the company is the acquisition, active management, operation and selective rotation of quality commercial real estate assets in the "Core" and "Core-Plus" investment segments, mainly in Spain and, to a lesser extent, in Portugal. Its segments are based on the type of assets namely Office buildings, Net lease, Shopping centers, Logistics assets, and others. The company generates the maximum revenue from the Office buildings segment.

Merlin Properties SOCIMI (WBO:MERL) Headlines

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