Omega Healthcare Investors (Omega Healthcare Investors) Effective Interest Rate on Debt % : 4.59% (As of Dec. 2023)

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What is Omega Healthcare Investors 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. Omega Healthcare Investors's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $237.7 Mil. Omega Healthcare Investors's average total debt for the quarter that ended in Dec. 2023 was $5,179.3 Mil. Therefore, Omega Healthcare Investors's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.59%.

Omega Healthcare Investors Effective Interest Rate on Debt % Historical Data

The historical data trend for Omega Healthcare Investors'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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Omega Healthcare Investors Effective Interest Rate on Debt % Chart

Omega Healthcare Investors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.31

4.34

4.50

4.43

4.55

Omega Healthcare Investors Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.43	4.43	4.45	4.45	4.59

Competitive Comparison of Omega Healthcare Investors's Effective Interest Rate on Debt %

For the REIT - Healthcare Facilities subindustry, Omega Healthcare Investors'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.

Omega Healthcare Investors's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where Omega Healthcare Investors's Effective Interest Rate on Debt % falls into.

Omega Healthcare Investors Effective Interest Rate on Debt % Calculation

Omega Healthcare Investors'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 * -235.529	/	( (5286.834	+	5067.316)	/ 2 )
=	-1 * -235.529	/	5177.075
=	4.55 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5267.588	+	19.246
=	5286.834

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5046.919	+	20.397
=	5067.316

Omega Healthcare Investors'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 * -237.716	/	( (5291.272	+	5067.316)	/ 2 )
=	-1 * -237.716	/	5179.294
=	4.59 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5271.742	+	19.53
=	5291.272

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5046.919	+	20.397
=	5067.316

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.

Omega Healthcare Investors (NYSE:OHI) Effective Interest Rate on Debt % Explanation

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

Omega Healthcare Investors Effective Interest Rate on Debt % Related Terms

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Omega Healthcare Investors (Omega Healthcare Investors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Omega Healthcare Investors Inc (NYSE:OHI) » Definitions » Effective Interest Rate on Debt %

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Address

303 International Circle, Suite 200, Hunt Valley, MD, USA, 21030

Website

https://www.omegahealthcare.com

Omega Healthcare Investors Inc is a healthcare facility real estate investment trust that invests in the United States real estate markets. Omega's portfolio focuses on long-term healthcare facilities. The company maintains dual goals of increasing its returns to investors while also maintaining a high level of care for residents. Omega works to obtain contractual rent escalations under long-term leases, along with fixed-rate mortgage loans. The company considers merger and acquisition investment as a component of its operational growth strategy.

Executives

Gail D Makode	officer: Chief Legal Officer	ONE SOUND SHORE DR, SUITE 304, GREENWICH CT 06830
Kapila K Anand	director	C/O EXTENDED STAY AMERICA, INC., 11525 N. COMMUNITY HOUSE ROAD, SUITE 100, CHARLOTTE NC 28277
Neal Ballew	officer: Chief Accounting Officer	303 INTERNATIONAL CIRCLE, SUITE 200, HUNT VALLEY MD 21030
Burke W Whitman	director	13455 NOEL ROAD # 2000, DALLAS TX 75240
Lisa Egbuonu-davis	director	C/O OMEGA HEALTHCARE INVESTORS, INC., 303 INTERNATIONAL CIRCLE, SUITE 200, HUNT VALLEY MD 21030
Steven J Insoft	officer: Chief Corp Development Officer
Daniel J Booth	officer: Chief Operating Officer	9690 DEERECO ROAD, SUITE 100, TIMONIUM MD 21093
Robert O Stephenson	officer: Chief Financial Officer	C/O OMEGA HEALTHCARE INVESTORS, 9690 DEERECO ROAD, SUITE 100, TIMONIUM MD 21093
C Taylor Pickett	director, officer: Chief Executive Officer	C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Kevin J Jacobs	director	7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Michael Ritz	officer: Chief Accounting Officer	9690 DEERECO ROAD, SUITE 100, TIMONIUM MD 21131
Craig R Callen	director	7902 WESTPARK DR, C/O SUNRISE ASSISTED LIVING, MCLEAN VA 22102
Ben W Perks	director
Bernard J Korman	director	OMEGA HEALTHCARE INVESTORS INC, ANN ARBOR MI 48108
Craig M Bernfield	director	303 WEST MADISON STREET, SUITE 2400, CHICAGO IL 60606