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Macerich Co (STU:M6G) Variable Rate Debt (USD Mil) : 0.00 (As of . 20)


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What is Macerich Co Variable Rate Debt (USD Mil)?

In the railway industry, Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The historical rank and industry rank for Macerich Co's Variable Rate Debt (USD Mil) or its related term are showing as below:


Macerich Co Variable Rate Debt (USD Mil) Historical Data

The historical data trend for Macerich Co's Variable Rate Debt (USD Mil) 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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Macerich Co Variable Rate Debt (USD Mil) Chart



Macerich Co  (STU:M6G) Variable Rate Debt (USD Mil) Explanation

Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The variable interest rate fluctuates over time because it is based on an underlying benchmark interest rate or index that changes periodically with the market. So, variable interest debt is not as good as fixed-rate debt because the company cannot benefit from inflation. But in some conditions, a company might experience lower borrowing costs or reduce the impact of volatile investment earnings by issuing variable rate securities.


Macerich Co Variable Rate Debt (USD Mil) Related Terms

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Macerich Co (STU:M6G) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Macerich Co (STU:M6G) » Definitions » Variable Rate Debt (USD Mil)
Traded in Other Exchanges
Address
401 Wilshire Boulevard, Suite 700, Santa Monica, CA, USA, 90401
The Macerich Company is an S&P 500 company that invests in premium mall assets. The company owns 28 regional malls in its consolidated portfolio and 16 regional malls in its unconsolidated portfolio along with four power centers and seven other real estate assets. The company's total portfolio has 47.0 million square feet of gross leasable area and averaged $869 sales per square foot over the 12 months ending in December 2022.

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