Alexander's (STU:AXE) Variable Rate Debt (USD Mil) : 0.00 (As of . 20)

View and export this data going back to 2006. Start your Free Trial

What is Alexander's Variable Rate Debt (USD Mil)?

In the railway industry, Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The historical rank and industry rank for Alexander's's Variable Rate Debt (USD Mil) or its related term are showing as below:

Alexander's Variable Rate Debt (USD Mil) Historical Data

The historical data trend for Alexander's's Variable Rate Debt (USD Mil) 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.

Alexander's Variable Rate Debt (USD Mil) Chart

Alexander's (STU:AXE) Variable Rate Debt (USD Mil) Explanation

Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The variable interest rate fluctuates over time because it is based on an underlying benchmark interest rate or index that changes periodically with the market. So, variable interest debt is not as good as fixed-rate debt because the company cannot benefit from inflation. But in some conditions, a company might experience lower borrowing costs or reduce the impact of volatile investment earnings by issuing variable rate securities.

Alexander's Variable Rate Debt (USD Mil) Related Terms

Thank you for viewing the detailed overview of Alexander's's Variable Rate Debt (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.

Alexander's (STU:AXE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alexander's Inc (STU:AXE) » Definitions » Variable Rate Debt (USD Mil)

Comparable Companies

Traded in Other Exchanges

ALX:USA AXE:Germany

Address

210 Route 4 East, Paramus, NJ, USA, 07652

Website

https://www.alx-inc.com

Alexander's Inc is a real estate investment trust engaged in leasing, managing, developing and redeveloping its properties. It has six properties in the greater New York City metropolitan area. All of the revenues come from properties located in New York City which include revenues from leasing of space to tenants at their properties and revenues from parking and tenant services.