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Preservium Property AB (XSAT:PRESRV) Effective Interest Rate on Debt % : 1.83% (As of Dec. 2023)


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What is Preservium Property AB 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. Preservium Property AB's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was kr19.22 Mil. Preservium Property AB's average total debt for the quarter that ended in Dec. 2023 was kr1,052.80 Mil. Therefore, Preservium Property AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.83%.


Preservium Property AB Effective Interest Rate on Debt % Historical Data

The historical data trend for Preservium Property AB'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.

Preservium Property AB Effective Interest Rate on Debt % Chart

Preservium Property AB Annual Data
Trend Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
0.45 2.19 2.19

Preservium Property AB Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only 1.73 2.31 2.31 2.31 1.83

Competitive Comparison of Preservium Property AB's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Preservium Property AB'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.


Preservium Property AB's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Preservium Property AB's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Preservium Property AB's Effective Interest Rate on Debt % falls into.



Preservium Property AB Effective Interest Rate on Debt % Calculation

Preservium Property AB'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  *  -23.032/( (1051.693+1052.961)/ 2 )
=-1  *  -23.032/1052.327
=2.19 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1051.693 + 0
=1051.693

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1052.961 + 0
=1052.961

Preservium Property AB'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  *  -19.224/( (1052.644+1052.961)/ 2 )
=-1  *  -19.224/1052.8025
=1.83 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1052.644 + 0
=1052.644

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1052.961 + 0
=1052.961

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


Preservium Property AB  (XSAT:PRESRV) Effective Interest Rate on Debt % Explanation

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


Preservium Property AB Effective Interest Rate on Debt % Related Terms

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Preservium Property AB (XSAT:PRESRV) Business Description

Industry
Traded in Other Exchanges
N/A
Address
P.O. Box 7415, Stockholm, SWE
Preservium Property AB is an active and long-term property owner who owns and manages archive properties in Sweden. It owns and manages two public archive properties in Taby and Flemingsberg that are led to the State National Archives and the Stockholm Region.

Preservium Property AB (XSAT:PRESRV) Headlines

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