H&R Real Estate Investment Trust (H&R Real Estate Investment Trust) Interest Expense : $-112.2 Mil (TTM As of Dec. 2023)

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What is H&R Real Estate Investment Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. H&R Real Estate Investment Trust's interest expense for the three months ended in Dec. 2023 was $ -27.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-112.2 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. H&R Real Estate Investment Trust's Operating Income for the three months ended in Dec. 2023 was $ 104.6 Mil. H&R Real Estate Investment Trust's Interest Expense for the three months ended in Dec. 2023 was $ -27.0 Mil. H&R Real Estate Investment Trust's Interest Coverage for the quarter that ended in Dec. 2023 was 3.87. 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.

H&R Real Estate Investment Trust Interest Expense Historical Data

The historical data trend for H&R Real Estate Investment 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.

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H&R Real Estate Investment Trust Interest Expense Chart

H&R Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-178.16

-167.78

-169.41

-112.02

-112.72

H&R Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-28.26	-28.15	-29.06	-28.00	-27.00

H&R Real Estate Investment 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-112.2 Mil.

H&R Real Estate Investment Trust (OTCPK:HRUFF) Interest Expense Explanation

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

H&R Real Estate Investment Trust's Interest Expense for the three months ended in Dec. 2023 was $-27.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was $104.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,521.0 Mil.

H&R Real Estate Investment Trust's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	104.581	/	-26.999
	=	3.87

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. H&R Real Estate Investment Trust interest coverage is 3.45, which is low.

H&R Real Estate Investment Trust (H&R Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » H&R Real Estate Investment Trust (OTCPK:HRUFF) » Definitions » Interest Expense

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Traded in Other Exchanges

HR.UN:Canada

Address

3625 Dufferin Street, Suite 500, Toronto, ON, CAN, M3K 1N4

Website

https://www.hr-reit.com

H&R Real Estate Investment Trust is a real estate investment trust principally involved in the ownership of properties in Canada and the U.S. The REIT has four reportable operating segments- Residential, Industrial, Office and Retail, in two geographical locations -Canada and the United States. The operating segments derive their revenue from rental income from leases. The majority of this income is generated by its Canadian properties. In terms of property type, H&R's Office contribute to its total revenue.

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