GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Frasers Centrepoint Trust (OTCPK:FRZCF) » Definitions » Effective Interest Rate on Debt %

Frasers Centrepoint Trust (Frasers Centrepoint Trust) Effective Interest Rate on Debt % : 3.78% (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Frasers Centrepoint Trust 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. Frasers Centrepoint Trust's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $59.0 Mil. Frasers Centrepoint Trust's average total debt for the quarter that ended in Mar. 2024 was $1,559.9 Mil. Therefore, Frasers Centrepoint Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.78%.

Frasers Centrepoint Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for Frasers Centrepoint Trust'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.

Frasers Centrepoint Trust Effective Interest Rate on Debt % Chart

Frasers Centrepoint Trust Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.53 2.30 2.81 2.39 3.97

Frasers Centrepoint Trust Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 2.11 2.73 3.52 3.96 3.78

Competitive Comparison of Frasers Centrepoint Trust's Effective Interest Rate on Debt %

For the REIT - Retail subindustry, Frasers Centrepoint Trust'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.

Frasers Centrepoint Trust's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where Frasers Centrepoint Trust's Effective Interest Rate on Debt % falls into.


Frasers Centrepoint Trust Effective Interest Rate on Debt % Calculation

Frasers Centrepoint Trust's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -57.384/( (1279.784+1609.891)/ 2 )
=-1  *  -57.384/1444.8375
=3.97 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1003.576 + 276.208
=1279.784

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1350.682 + 259.209
=1609.891

Frasers Centrepoint Trust'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: Sep. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -58.95/( (1609.891+1509.942)/ 2 )
=-1  *  -58.95/1559.9165
=3.78 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1350.682 + 259.209
=1609.891

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1403.712 + 106.23
=1509.942

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

Frasers Centrepoint Trust  (OTCPK:FRZCF) Effective Interest Rate on Debt % Explanation

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

Frasers Centrepoint Trust Effective Interest Rate on Debt % Related Terms

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

Frasers Centrepoint Trust (Frasers Centrepoint Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Frasers Centrepoint Trust (OTCPK:FRZCF) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
SGX:SK6U SGX:AU8U SGX:P40U SGX:CRPU SGX:ODBU SGX:BMGU SGX:D5IU SGX:C38U SPG O KIM HKSE:00823 REG ASX:SCG XPAR:URW FRT NNN XPAR:LI BRX ASX:VCX
Traded in Other Exchanges
J69U:Singapore
Address
10 Marina Boulevard, Marina Bay Financial Centre, Tower 2 Number 48-01, Singapore, SGP, 018983
Website
https://www.frasersproperty.com
Frasers Centrepoint Trust is a real estate investment trust listed on the Singapore Exchange that predominately invests in suburban retail assets in Singapore. Its portfolio consists of 11 retail malls (of which two are not wholly owned) and one office property with a total valuation of SGD 7.6 billion as at Sept. 30, 2023. FCT also holds a: i) 30.97% interest in Hektar REIT, a retail-focused REIT in Malaysia; and ii) 43.7% interest in Changi City Carpark. The trust is externally managed by Frasers Centrepoint Asset Management, a wholly owned subsidiary of Frasers Property Limited that has a 41.2% direct and indirect interest in FCT.

Frasers Centrepoint Trust (Frasers Centrepoint Trust) Headlines

From GuruFocus

Full Year 2023 Frasers Centrepoint Trust Earnings Presentation Transcript

By GuruFocus Research • 02-13-2024

Q1 2024 Frasers Centrepoint Trust Business Updates Presentation Transcript

By GuruFocus Research • 02-13-2024