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Mailbox REIT (IPSX:MBOX) Effective Interest Rate on Debt % : 7.57% (As of Jun. 2023)


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What is Mailbox 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. Mailbox REIT's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was £8.33 Mil. Mailbox REIT's average total debt for the quarter that ended in Jun. 2023 was £110.03 Mil. Therefore, Mailbox REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 7.57%.

Mailbox REIT Effective Interest Rate on Debt % Historical Data

The historical data trend for Mailbox 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.

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Mailbox REIT Effective Interest Rate on Debt % Chart

Mailbox REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
- 3.09 3.44 4.72

Mailbox REIT Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Effective Interest Rate on Debt % Get a 7-Day Free Trial 3.40 4.84 5.35 4.10 7.57

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

For the REIT - Diversified subindustry, Mailbox 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.

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

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

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


Mailbox REIT Effective Interest Rate on Debt % Calculation

Mailbox REIT's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -5.125/( (107.514+109.494)/ 2 )
=-1  *  -5.125/108.504
=4.72 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=107.514 + 0
=107.514

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 109.494
=109.494

Mailbox REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -8.332/( (109.494+110.561)/ 2 )
=-1  *  -8.332/110.0275
=7.57 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 109.494
=109.494

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.58 + 103.981
=110.561

* 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 (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Mailbox REIT  (IPSX:MBOX) Effective Interest Rate on Debt % Explanation

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

Mailbox REIT Effective Interest Rate on Debt % Related Terms

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Mailbox REIT (IPSX:MBOX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mailbox REIT PLC (IPSX:MBOX) » Definitions » Effective Interest Rate on Debt %
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Traded in Other Exchanges
N/A
Address
30 Saint Mary Axe, 10th floor, London, GBR, EC3A 8BF
Website
https://www.themailboxreit.com
Mailbox REIT PLC is a single-asset real estate investment trust located in Birmingham. It provides shareholders income together with capital growth by investing in the Property. The company owns the Mailbox Property. The property provides office space, a leisure area, and retail and car parking space.