Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Effective Interest Rate on Debt % : 5.19% (As of Dec. 2023)

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What is Olimpo Real Estate Portugal SIGI 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. Olimpo Real Estate Portugal SIGI's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €1.98 Mil. Olimpo Real Estate Portugal SIGI's average total debt for the quarter that ended in Dec. 2023 was €38.07 Mil. Therefore, Olimpo Real Estate Portugal SIGI's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.19%.

Olimpo Real Estate Portugal SIGI Effective Interest Rate on Debt % Historical Data

The historical data trend for Olimpo Real Estate Portugal SIGI'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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Olimpo Real Estate Portugal SIGI Effective Interest Rate on Debt % Chart

Olimpo Real Estate Portugal SIGI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

0.74

1.81

1.84

4.80

Olimpo Real Estate Portugal SIGI Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			1.94	1.79	2.25	4.40	5.19

Competitive Comparison of Olimpo Real Estate Portugal SIGI's Effective Interest Rate on Debt %

For the REIT - Diversified subindustry, Olimpo Real Estate Portugal SIGI'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.

Olimpo Real Estate Portugal SIGI's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where Olimpo Real Estate Portugal SIGI's Effective Interest Rate on Debt % falls into.

Olimpo Real Estate Portugal SIGI Effective Interest Rate on Debt % Calculation

Olimpo Real Estate Portugal SIGI'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 * -1.825	/	( (37.986	+	38.105)	/ 2 )
=	-1 * -1.825	/	38.0455
=	4.80 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	37.986	+	0
=	37.986

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	38.105	+	0
=	38.105

Olimpo Real Estate Portugal SIGI'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -1.976	/	( (38.044	+	38.105)	/ 2 )
=	-1 * -1.976	/	38.0745
=	5.19 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	38.044	+	0
=	38.044

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	38.105	+	0
=	38.105

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

Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Effective Interest Rate on Debt % Explanation

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

Olimpo Real Estate Portugal SIGI Effective Interest Rate on Debt % Related Terms

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Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Olimpo Real Estate Portugal SIGI SA (XLIS:MLORE) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lugar do Espido, Via Norte, Miaia, PRT, 4471-909

Website

https://www.ores-portugal.com

Olimpo Real Estate Portugal SIGI SA is a real estate investment and asset management company. The company's objectives are to acquire offices and commercial real estate assets with long-term growth potential in the Portuguese and Spanish markets.

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