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Forest City Realty Trust (Forest City Realty Trust) Interest Expense : $-118.7 Mil (TTM As of Sep. 2018)


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What is Forest City Realty Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Forest City Realty Trust's interest expense for the three months ended in Sep. 2018 was $ -30.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2018 was $-118.7 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Forest City Realty Trust's Operating Income for the three months ended in Sep. 2018 was $ 49.2 Mil. Forest City Realty Trust's Interest Expense for the three months ended in Sep. 2018 was $ -30.9 Mil. Forest City Realty Trust's Interest Coverage for the quarter that ended in Sep. 2018 was 1.59. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Forest City Realty Trust Interest Expense Historical Data

The historical data trend for Forest City Realty Trust's Interest Expense 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.

Forest City Realty Trust Interest Expense Chart

Forest City Realty Trust Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -269.23 -234.41 -157.17 -131.44 -120.43

Forest City Realty Trust Quarterly Data
Oct13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Interest Expense 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 -31.60 -31.96 -26.97 -28.95 -30.87

Forest City Realty Trust Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-118.7 Mil.

* 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.


Forest City Realty Trust  (NYSE:FCE.B) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Forest City Realty Trust's Interest Expense for the three months ended in Sep. 2018 was $-30.9 Mil. Its Operating Income for the three months ended in Sep. 2018 was $49.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2018 was $3,529.8 Mil.

Forest City Realty Trust's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2018 )/Interest Expense (Q: Sep. 2018 )
=-1*49.169/-30.87
=1.59

* 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.

The higher the ratio, the stronger the company's financial strength is.


Forest City Realty Trust (Forest City Realty Trust) Business Description

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Forest City Realty Trust Inc is engaged in the ownership, development, management and acquisition of commercial and residential real estate and land throughout the United States. The company's segments include the Commercial Group, Residential Group, Land Development Group and Corporate Activities. It operates mixed-use projects such as residential rental properties, regional malls, specialty/urban retail centers, office and life science buildings and others. In addition, it also engaged in acquiring and sale of both land and developed lots to residential, commercial and industrial clients. Revenue for the group is derived from the source of rental, service and management fees and land sales.