Terreno Realty (Terreno Realty) Interest Expense

: $-24.8 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. Terreno Realty's interest expense for the three months ended in Dec. 2023 was $ -5.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-24.8 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. Terreno Realty's Operating Income for the three months ended in Dec. 2023 was $ 36.5 Mil. Terreno Realty's Interest Expense for the three months ended in Dec. 2023 was $ -5.7 Mil. Terreno Realty's Interest Coverage for the quarter that ended in Dec. 2023 was 6.40. 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.

Terreno Realty Interest Expense Historical Data

The historical data trend for Terreno Realty'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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Terreno Realty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-16.34

-16.00

-18.05

-23.85

-24.80

Terreno Realty 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															-7.46	-7.38	-5.90	-5.81	-5.71

Terreno Realty 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 $-24.8 Mil.

Terreno Realty (NYSE:TRNO) 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.

Terreno Realty's Interest Expense for the three months ended in Dec. 2023 was $-5.7 Mil. Its Operating Income for the three months ended in Dec. 2023 was $36.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $771.6 Mil.

Terreno Realty'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	*	36.522	/	-5.707
	=	6.40

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

Terreno Realty (Terreno Realty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Terreno Realty Corp (NYSE:TRNO) » Definitions » Interest Expense

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Traded in Other Exchanges

T37:Germany

Address

10500 NE 8th Street, Suite 1910, Bellevue, WA, USA, 98004

Website

https://www.terreno.com

Terreno Realty Corp is a real estate investment trust engaged in acquiring, owning and operating industrial real estate in six coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company invests in several types of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), transshipment and improved land.

Executives

Melinda Weston	officer: Chief Accounting Officer	TERRENO REALTY CORPORATION, 10500 NE 8TH STREET, SUITE 301, BELLEVUE WA 98004
Leroy E Carlson	director	79840 CITRUS STREET, LAQUINTA CA 92253
Michael A Coke	director, officer: PRESIDENT	TERRENO REALTY CORPORATION, 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Irene H Oh	director	135 N LOS ROBLES AVE. 7TH FL, PASADENA CA 91101
Gary N Boston	director	3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Douglas M Pasquale	director	245 FICHER AVE STE D-1, COSTA MESA CA 92626
W Blake Baird	director, officer: CHAIRMAN AND CEO	1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Linda Assante	director	C/O TERRENO REALTY CORP., 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
David M Lee	director	101 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Gabriela Franco Parcella	director	101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Dennis Polk	director	44201 NOBEL DRIVE, FREMONT CA 94538
Peter J Merlone	director	2840 DIVISADERO, SAN FRANCISCO CA 94123
John Tull Meyer	officer: EVP	101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Jaime Jackson Cannon	officer: CFO	101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Andrew Thomas Burke	officer: EVP	101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104