360 Capital REIT (ASX:TOT) Effective Interest Rate on Debt % : 6.06% (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is 360 Capital REIT 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. 360 Capital REIT's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$5.50 Mil. 360 Capital REIT's average total debt for the quarter that ended in Dec. 2023 was A$90.71 Mil. Therefore, 360 Capital REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.06%.

360 Capital REIT Effective Interest Rate on Debt % Historical Data

The historical data trend for 360 Capital REIT'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.

360 Capital REIT Effective Interest Rate on Debt % Chart

360 Capital REIT Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

4.62

360 Capital REIT Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													-	-	3.91	5.35	6.06

Competitive Comparison of 360 Capital REIT's Effective Interest Rate on Debt %

For the REIT - Diversified subindustry, 360 Capital REIT'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.

360 Capital REIT's Effective Interest Rate on Debt % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, 360 Capital REIT's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where 360 Capital REIT's Effective Interest Rate on Debt % falls into.

360 Capital REIT Effective Interest Rate on Debt % Calculation

360 Capital REIT's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -3.855	/	( (0	+	83.408)	/ 1 )
=	-1 * -3.855	/	83.408
=	4.62 %

where

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

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	83.408	+	0
=	83.408

360 Capital REIT'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -5.496	/	( (83.408	+	98.003)	/ 2 )
=	-1 * -5.496	/	90.7055
=	6.06 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	83.408	+	0
=	83.408

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	98.003	+	0
=	98.003

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

360 Capital REIT (ASX:TOT) Effective Interest Rate on Debt % Explanation

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

360 Capital REIT Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of 360 Capital REIT's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

360 Capital REIT (ASX:TOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » 360 Capital REIT (ASX:TOT) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 37, 1 Macquarie Place, Suite 3701, Sydney, NSW, AUS, 2000

Website

https://www.360capital.com.au

360 Capital REIT is a real estate investment and funds management company that concentrates on the strategic investment and active management of alternative assets. The company actively invests in direct assets, real estate securities, real estate debt, and public and private equity.

360 Capital REIT (ASX:TOT) Headlines

No Headlines