GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Retail Opportunity Investments Corp (NAS:ROIC) » Definitions » Effective Interest Rate on Debt %

Retail Opportunity Investments (Retail Opportunity Investments) Effective Interest Rate on Debt % : 5.01% (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Retail Opportunity Investments 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. Retail Opportunity Investments's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $75.7 Mil. Retail Opportunity Investments's average total debt for the quarter that ended in Mar. 2024 was $1,510.8 Mil. Therefore, Retail Opportunity Investments's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.01%.


Retail Opportunity Investments Effective Interest Rate on Debt % Historical Data

The historical data trend for Retail Opportunity Investments'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.

Retail Opportunity Investments Effective Interest Rate on Debt % Chart

Retail Opportunity Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.27 4.29 4.25 4.12 4.78

Retail Opportunity Investments 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.64 5.14 4.70 5.13 5.01

Competitive Comparison of Retail Opportunity Investments's Effective Interest Rate on Debt %

For the REIT - Retail subindustry, Retail Opportunity Investments'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.


Retail Opportunity Investments's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where Retail Opportunity Investments's Effective Interest Rate on Debt % falls into.



Retail Opportunity Investments Effective Interest Rate on Debt % Calculation

Retail Opportunity Investments'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  *  -73.189/( (1547.136+1516.21)/ 2 )
=-1  *  -73.189/1531.673
=4.78 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1459.136 + 88
=1547.136

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1441.21 + 75
=1516.21

Retail Opportunity Investments'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  *  -75.676/( (1516.21+1505.393)/ 2 )
=-1  *  -75.676/1510.8015
=5.01 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1441.21 + 75
=1516.21

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1437.393 + 68
=1505.393

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


Retail Opportunity Investments  (NAS:ROIC) Effective Interest Rate on Debt % Explanation

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


Retail Opportunity Investments Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Retail Opportunity Investments's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Retail Opportunity Investments (Retail Opportunity Investments) Business Description

Traded in Other Exchanges
N/A
Address
11250 El Camino Real, Suite 200, San Diego, CA, USA, 92130
Retail Opportunity Investments Corp is a self-managed real estate investment trust. The company specializes in the acquisition, ownership and management of necessity-based community and neighborhood shopping centers on the west coast of the United States, anchored by supermarkets and drugstores. The Company's primary business is the ownership, management, and redevelopment of retail real estate properties.
Executives
Michael J. Indiveri director 3 MANHATTANVILLE ROAD, PURCHASE NY 10577
Laura H Pomerantz director
Lauren N. Silveira officer: VP, Chief Accounting Officer RETAIL OPPORTUNITY INVESTMENTS CORP., 11250 EL CAMINO ROAD, SUITE 200, SAN DIEGO CA 92130
Adrienne Banks Pitts director C/O RETAIL OPPORTUNITY INVESTMENTS CORP, 11250 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
Zabrina Jenkins director C/O RETAIL OPPORTUNITY INVESTMENT CORP., 11250 EL CAMINO REAL. SUITE 200, SAN DIEGO CA 92130
Richard Schoebel officer: Chief Operating Officer C/O RETAIL OPPORTUNITY INVESTMENTS CORP., 3 MANHATTANVILLE ROAD, PURCHASE NY 10577
Angela K Ho director 975 HOOPER AVENUE, TOMS RIVER NJ 08753
Eric S Zorn director 2001 S.E. 10TH STREET, BENTONVILLE AR 72712
Charles J. Persico director 112 MASON STREET, GREENWICH CT 06830
Michael B. Haines officer: EVP,CFO, TREASURER & SECRETARY 8905 TOWNE CENTRE DRIVE, SUITE 108, SAN DIEGO CA 92122
Richard A. Baker director, 10 percent owner, officer: Executive Chairman 3 MANHATTANVILLE ROAD, PURCHASE NY 10577
Edward H Meyer director C/O OCEAN ROAD ADVISORS INC, 650 MADISON AVENUE, 26TH FL, NEW YORK NY 10022
Laurie A. Sneve officer: Sr.VP,Chief Accounting Officer 8905 TOWNE CENTRE DRIVE, SUITE 108, SAN DIEGO CA 92122
Glenhill Advisors Llc 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Glenhill Capital Overseas Master Fund, L.p. 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020