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AGP Malaga Socimi (XPAR:MLAGP) Effective Interest Rate on Debt % : 3.17% (As of Dec. 2023)


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What is AGP Malaga 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. AGP Malaga Socimi's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.64 Mil. AGP Malaga Socimi's average total debt for the quarter that ended in Dec. 2023 was €20.10 Mil. Therefore, AGP Malaga Socimi's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.17%.

AGP Malaga Socimi Effective Interest Rate on Debt % Historical Data

The historical data trend for AGP Malaga 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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AGP Malaga Socimi Effective Interest Rate on Debt % Chart

AGP Malaga Socimi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
1.22 1.23 1.85 1.17 3.17

AGP Malaga Socimi Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt % 1.22 1.23 1.85 1.17 3.17

Competitive Comparison of AGP Malaga Socimi's Effective Interest Rate on Debt %

For the REIT - Diversified subindustry, AGP Malaga 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.

AGP Malaga Socimi's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where AGP Malaga Socimi's Effective Interest Rate on Debt % falls into.


AGP Malaga Socimi Effective Interest Rate on Debt % Calculation

AGP Malaga 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  *  -0.637/( (20.897+19.304)/ 2 )
=-1  *  -0.637/20.1005
=3.17 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.595 + 8.302
=20.897

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.476 + 2.828
=19.304

AGP Malaga Socimi'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: Dec. 2022 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.637/( (20.897+19.304)/ 2 )
=-1  *  -0.637/20.1005
=3.17 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.595 + 8.302
=20.897

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.476 + 2.828
=19.304

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

AGP Malaga Socimi  (XPAR:MLAGP) Effective Interest Rate on Debt % Explanation

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

AGP Malaga Socimi Effective Interest Rate on Debt % Related Terms

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AGP Malaga Socimi (XPAR:MLAGP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AGP Malaga Socimi SA (XPAR:MLAGP) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
Traded in Other Exchanges
N/A
Address
Calle Alameda Principal 16, 2nd Floor, office 1, Malaga, ESP, 29005
Website
https://www.agpsocimi.com
AGP Malaga Socimi SA is a real estate investment trust. The objective of the company is to acquire and lease real estate of various kinds, such as offices, warehouses, or commercial premises in Spanish territory.

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