LEG Immobilien SE (XSWX:LEG) Effective Interest Rate on Debt % : 1.90% (As of Mar. 2024)

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What is LEG Immobilien SE 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. LEG Immobilien SE's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was CHF168 Mil. LEG Immobilien SE's average total debt for the quarter that ended in Mar. 2024 was CHF8,842 Mil. Therefore, LEG Immobilien SE's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 1.90%.

LEG Immobilien SE Effective Interest Rate on Debt % Historical Data

The historical data trend for LEG Immobilien SE'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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LEG Immobilien SE Effective Interest Rate on Debt % Chart

LEG Immobilien SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.52

1.98

1.35

1.52

1.71

LEG Immobilien SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.61	-	-	1.97	1.90

Competitive Comparison of LEG Immobilien SE's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, LEG Immobilien SE'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.

LEG Immobilien SE's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, LEG Immobilien SE's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where LEG Immobilien SE's Effective Interest Rate on Debt % falls into.

LEG Immobilien SE Effective Interest Rate on Debt % Calculation

LEG Immobilien SE'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 * -155.607	/	( (9336.527	+	8842.085)	/ 2 )
=	-1 * -155.607	/	9089.306
=	1.71 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9087.541	+	248.986
=	9336.527

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8421.756	+	420.329
=	8842.085

LEG Immobilien SE's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -167.676	/	( (8842.085	+	0)	/ 1 )
=	-1 * -167.676	/	8842.085
=	1.90 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8421.756	+	420.329
=	8842.085

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

LEG Immobilien SE (XSWX:LEG) Effective Interest Rate on Debt % Explanation

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

LEG Immobilien SE Effective Interest Rate on Debt % Related Terms

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LEG Immobilien SE (XSWX:LEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » LEG Immobilien SE (XSWX:LEG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

LEGIF:USA 1LEG:Italy LEGd:UK LEG:Germany LEG:Austria

Address

Flughafenstrasse 99, Dusseldorf, NW, DEU, D-40474

Website

http://www.leg.ag

LEG Immobilien SE is a general real estate company. The company's portfolio consists primarily of residential units, followed by garages, parking spaces, and commercial units. The business model is supplemented by the targeted development of innovative value-added services. LEG is primarily focused on the German market of the North Rhine-Westphalia region. The company divides its portfolio into three groups: high growth markets, stable markets, and higher-yielding markets. LEG considers merger and acquisition investment as a potential component of its operational growth strategy.