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SK REIT Co (XKRX:395400) Effective Interest Rate on Debt % : 1.07% (As of Jun. 2024)


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What is SK REIT Co 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. SK REIT Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was ₩30,722 Mil. SK REIT Co's average total debt for the quarter that ended in Jun. 2024 was ₩2,464,928 Mil. Therefore, SK REIT Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 1.25%.

SK REIT Co Effective Interest Rate on Debt % Historical Data

The historical data trend for SK REIT Co'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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SK REIT Co Effective Interest Rate on Debt % Chart

SK REIT Co Annual Data
Trend Jun21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
- 0.60 1.26 1.28

SK REIT Co Semi-Annual Data
Jun21 Jun22 Jun23 Jun24
Effective Interest Rate on Debt % - 0.40 0.95 1.07

Competitive Comparison of SK REIT Co's Effective Interest Rate on Debt %

For the REIT - Office subindustry, SK REIT Co'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.

SK REIT Co's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where SK REIT Co's Effective Interest Rate on Debt % falls into.


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SK REIT Co Effective Interest Rate on Debt % Calculation

SK REIT Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2023 )+Total Debt  (A: Mar. 2024 ))/ count )
=-1  *  -30576.681/( (2047162.354+2719401.018)/ 2 )
=-1  *  -30576.681/2383281.686
=1.28 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1362713.462 + 684448.892
=2047162.354

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1270665.379 + 1448735.639
=2719401.018

SK REIT Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -30721.898/( (2048620.306+2881235.896)/ 2 )
=-1  *  -30721.898/2464928.101
=1.25 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1483967.207 + 564653.099
=2048620.306

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1062808.421 + 1818427.475
=2881235.896

* 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 one times the annual (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

SK REIT Co  (XKRX:395400) Effective Interest Rate on Debt % Explanation

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

SK REIT Co Effective Interest Rate on Debt % Related Terms

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SK REIT Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SK REIT Co Ltd (XKRX:395400) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
XKRX:293940 XKRX:451800 XKRX:448730 XKRX:432320 XKRX:334890 ARE BXP XPAR:GFC TSE:8951 VNO XMAD:MRL TSE:8952 ASX:DXS SGX:N2IU CUZ BOM:542602 XMAD:COL SLG SGX:AJBU KRC
Traded in Other Exchanges
N/A
Address
136 Sejong-daero, 15th Floor, Taepyeong-ro 1-ga, Finance Building, Jung-gu, Seoul, KOR
Website
http://www.skreit.co.kr
SK REIT Co Ltd operates as a Real Estate Investment Trust. Its assets investment comprises of SK Seorin Building which is an integrated office building and SK gas station assets comprising its land and building.

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