Jones Lang LaSalle (Jones Lang LaSalle) Interest Expense

: $-135 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jones Lang LaSalle's interest expense for the three months ended in Dec. 2023 was $ -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-135 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. Jones Lang LaSalle's Operating Income for the three months ended in Dec. 2023 was $ 312 Mil. Jones Lang LaSalle's Interest Expense for the three months ended in Dec. 2023 was $ -32 Mil. Jones Lang LaSalle's Interest Coverage for the quarter that ended in Dec. 2023 was 9.90. 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.

Jones Lang LaSalle Interest Expense Historical Data

The historical data trend for Jones Lang LaSalle'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => -56.40 [6] => -52.80 [7] => -40.10 [8] => -75.20 [9] => -135.40 )

Jones Lang LaSalle Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-56.40

-52.80

-40.10

-75.20

-135.40

Jones Lang LaSalle Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-26.10	-26.30	-40.50	-37.10	-31.50

Jones Lang LaSalle 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 $-135 Mil.

Jones Lang LaSalle (NYSE:JLL) 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.

Jones Lang LaSalle's Interest Expense for the three months ended in Dec. 2023 was $-32 Mil. Its Operating Income for the three months ended in Dec. 2023 was $312 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,144 Mil.

Jones Lang LaSalle'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	*	312	/	-31.5
	=	9.90

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

Jones Lang LaSalle (Jones Lang LaSalle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Jones Lang LaSalle Inc (NYSE:JLL) » Definitions » Interest Expense

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Traded in Other Exchanges

4J2:Germany

Address

200 East Randolph Drive, Chicago, IL, USA, 60601

Website

https://www.jll.com

Jones Lang LaSalle provides a wide range of real estate-related services to owners, occupiers, and investors worldwide, including leasing, property and project management, and capital markets advisory. JLL's investment management arm, LaSalle Investment Management, manages over $70 billion for clients across diverse public and private real estate strategies.

Executives

Andrew W Poppink	officer: CEO, Markets Advisory	200 E. RANDOLPH, CHICAGO IL 60601
Moses Ifidon Ojeisekhoba	director	200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Laura M. Adams	officer: Chief Human Resources Officer	200 E. RANDOLPH, CHICAGO IL 60601
Larry Quinlan	director	2225 LAWSON LANE, SANTA CLARA CA 95054
Mark Gabbay	officer: CEO LaSalle Investment Mgmt	200 E. RANDOLPH, CHICAGO IL 60601
Benjamin G. Hawke	officer: Chief Accounting Officer	200 E. RANDOLPH, CHICAGO IL 60601
Efrain Rivera	director	911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Louis F Bowers	officer: Global Controller	200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Kylie L Kendrick	officer: Chief Operating Officer	200 E. RANDOLPH, CHICAGO IL 60601
Tina L. Ju	director	200 E. RANDOLPH, CHICAGO IL 60601
Richard Bloxam	officer: Global Head, Capital Markets	200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Jeff A Jacobson	officer: CEO, LaSalle Investment Mgmt	200 E. RANDOLPH DR., CHICAGO IL 60601
Karen G Brennan	officer: Chief Financial Officer	200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Yishai Lerner	officer: Co-CEO JLL Technologies	200 E. RANDOLPH STREET, CHICAGO IL 60601
Mihir Shah	officer: Co-CEO JLL Technologies	200 E. RANDOLPH STREET, CHICAGO IL 60601