Urstadt Biddle Properties (Urstadt Biddle Properties) Interest Expense : $-13.9 Mil (TTM As of Apr. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Urstadt Biddle Properties Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Urstadt Biddle Properties's interest expense for the three months ended in Apr. 2023 was $ -3.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2023 was $-13.9 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. Urstadt Biddle Properties's Operating Income for the three months ended in Apr. 2023 was $ 12.6 Mil. Urstadt Biddle Properties's Interest Expense for the three months ended in Apr. 2023 was $ -3.7 Mil. Urstadt Biddle Properties's Interest Coverage for the quarter that ended in Apr. 2023 was 3.42. 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.

Urstadt Biddle Properties Interest Expense Historical Data

The historical data trend for Urstadt Biddle Properties'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.

Urstadt Biddle Properties Interest Expense Chart

Urstadt Biddle Properties Annual Data

Trend

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Interest Expense

Get a 7-Day Free Trial

-13.68

-14.10

-13.51

-13.09

-13.18

Urstadt Biddle Properties Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23
Interest Expense	Get a 7-Day Free Trial															-3.26	-3.19	-3.43	-3.65	-3.68

Urstadt Biddle Properties 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 Apr. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-13.9 Mil.

Urstadt Biddle Properties (NYSE:UBA) 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.

Urstadt Biddle Properties's Interest Expense for the three months ended in Apr. 2023 was $-3.7 Mil. Its Operating Income for the three months ended in Apr. 2023 was $12.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2023 was $298.7 Mil.

Urstadt Biddle Properties's Interest Coverage for the quarter that ended in Apr. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Apr. 2023 )	/	Interest Expense (Q: Apr. 2023 )
	=	-1	*	12.574	/	-3.676
	=	3.42

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

Urstadt Biddle Properties (Urstadt Biddle Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Urstadt Biddle Properties Inc (NYSE:UBA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

321 Railroad Avenue, Greenwich, CT, USA, 06830

Website

https://www.ubproperties.com

Urstadt Biddle Properties Inc is a real estate investment trust. It is engaged in acquisition, ownership, and management of the commercial real estate. The company's business is the ownership of real estate investments, which consist principally of investments in income-producing properties, with primary emphasis on neighborhood and community shopping centers in the metropolitan New York tri-state area outside of the City of New York. The company's operating segment is one of its property, Ridgeway, located in Stamford, Connecticut, US.

Executives

Bryan O. Colley	director	83 NORTH SALEM ROAD, CROSS RIVER NY 10518
Kevin J Bannon	director	62 CROTON AVENUE, MOUNT KISCO NY 10549
Elinor F Urstadt	10 percent owner	6 BEECHWOOD ROAD, BRONXVILLE NY 10708
Estate Of Urstadt, Charles J.	10 percent owner	6 BEECHWOOD ROAD, BRONXVILLE NY 10708
Stephan A Rapaglia	officer: SVP and COO	8 OLD MUSKET LANE, RIDGEFIELD CT 06877
John T Hayes	officer: Senior VP and CFO	321 RAILROAD AVENUE, GREENWICH CT 06830
Stephens Willis H. Jr.	director	15 MT. EBO ROAD SOUTH, P.O. BOX 408, BREWSTER NY 10509
Charles J Urstadt	director, 10 percent owner, officer: Chairman of Board & CEO	321 RAILROAD AVE, GREENWICH CT 06830
Miyun Sung	officer: SVP and CLO	4-75 48TH AVENUE #705, LONG ISLAND CITY NY 11109
Carpenter Noble O Jr	director	18 HAWTHORNE ROAD, BRONXVILLE NY 10708
Thomas D Myers	officer: Co-Counsel	321 RAILROAD AVENUE, GREENWICH CT 06830
Catherine U Biddle	director	53 ELMWOOD ROAD, SOUTH SALEM NY 10590
Richard Grellier	director	4 EGGLESTON LANE, OLD GREENWICH CT 06870
Robert J Mueller	director	321 RAILROAD AVENUE, GREENWICH CT 06830
Raymond P Argila	officer: Senior Vice President	321 RAILROAD AVENUE, GREENWICH CT 06830