alstria office REIT-AG (XTER:AOX) Effective Interest Rate on Debt % : 1.21% (As of Mar. 2024)

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What is alstria office REIT-AG 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. alstria office REIT-AG's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €29.6 Mil. alstria office REIT-AG's average total debt for the quarter that ended in Mar. 2024 was €2,453.5 Mil. Therefore, alstria office REIT-AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 1.21%.

alstria office REIT-AG Effective Interest Rate on Debt % Historical Data

The historical data trend for alstria office REIT-AG'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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alstria office REIT-AG Effective Interest Rate on Debt % Chart

alstria office REIT-AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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1.76

1.88

1.58

1.61

3.11

alstria office REIT-AG 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															1.63	1.82	2.95	1.55	1.21

Competitive Comparison of alstria office REIT-AG's Effective Interest Rate on Debt %

For the REIT - Office subindustry, alstria office REIT-AG'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.

alstria office REIT-AG's Effective Interest Rate on Debt % Distribution in the REITs Industry

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

* The bar in red indicates where alstria office REIT-AG's Effective Interest Rate on Debt % falls into.

alstria office REIT-AG Effective Interest Rate on Debt % Calculation

alstria office REIT-AG'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 * -75.415	/	( (2404.139	+	2444.829)	/ 2 )
=	-1 * -75.415	/	2424.484
=	3.11 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2031.604	+	372.535
=	2404.139

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2182.372	+	262.457
=	2444.829

alstria office REIT-AG'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 * -29.608	/	( (2444.829	+	2462.148)	/ 2 )
=	-1 * -29.608	/	2453.4885
=	1.21 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2182.372	+	262.457
=	2444.829

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2304.004	+	158.144
=	2462.148

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.

alstria office REIT-AG (XTER:AOX) Effective Interest Rate on Debt % Explanation

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

alstria office REIT-AG Effective Interest Rate on Debt % Related Terms

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alstria office REIT-AG (XTER:AOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » alstria office REIT-AG (XTER:AOX) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

ALSRF:USA 0O9Q:UK AOX:Austria

Address

Steinstrasse 7, Hamburg, DEU, 20095

Website

https://www.alstria.com

alstria office REIT-AG is a real estate investment trust engaged in the acquisition, management, refurbishment, and sale of office properties throughout Germany. The vast majority of the company's real estate portfolio is dispersed between the German regions of Rhine-Ruhr, Hamburg, Rhine-Main, and Stuttgart. The company derives nearly all of its revenue in the form of rental income from the leasing of its properties. alstria's largest tenants in terms of annual rental revenue include a variety of local government, automotive, telecommunications, and insurance entities. it focuses on a small number of large tenants that account for the majority of its rental income.

Executives

Olivier Elamine

Board of Directors

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