S IMMO AG (WBO:SPI) Effective Interest Rate on Debt % : 0.86% (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is S IMMO AG 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. S IMMO AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €5.3 Mil. S IMMO AG's average total debt for the quarter that ended in Dec. 2023 was €618.7 Mil. Therefore, S IMMO AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.86%.

S IMMO AG Effective Interest Rate on Debt % Historical Data

The historical data trend for S IMMO AG'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.

S IMMO AG Effective Interest Rate on Debt % Chart

S IMMO AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

8.63

6.76

6.37

6.66

8.04

S IMMO AG 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															4.10	14.75	9.67	10.48	0.86

Competitive Comparison of S IMMO AG's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, S IMMO AG'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.

S IMMO AG's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, S IMMO AG's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where S IMMO AG's Effective Interest Rate on Debt % falls into.

S IMMO AG Effective Interest Rate on Debt % Calculation

S IMMO AG'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 * -46.771	/	( (544.816	+	618.784)	/ 2 )
=	-1 * -46.771	/	581.8
=	8.04 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	544.237	+	0.579
=	544.816

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	518.799	+	99.985
=	618.784

S IMMO AG'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 * -5.344	/	( (618.639	+	618.784)	/ 2 )
=	-1 * -5.344	/	618.7115
=	0.86 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	518.692	+	99.947
=	618.639

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	518.799	+	99.985
=	618.784

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.

S IMMO AG (WBO:SPI) Effective Interest Rate on Debt % Explanation

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

S IMMO AG Effective Interest Rate on Debt % Related Terms

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

S IMMO AG (WBO:SPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » S IMMO AG (WBO:SPI) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

0MJ9:UK T1L:Germany

Address

Friedrichstrasse 10, 5th floor, Vienna, AUT, 1010

Website

https://www.simmoag.at

S IMMO AG is a real estate investment company. It manages property investments by developing, buying, letting, operating, renovating, and selling properties in Austria, Germany, Czechia, Hungary, Slovakia, Bulgaria, Romania, and Croatia. The firm's activities include property project development, the operation of hotels and shopping centers, and also revitalization and renovation of standing properties and asset management. Its property portfolio consists of offices, shopping centers, and hotels. The company derives a majority of its revenues from rental income.