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Equity One (Equity One) Interest Expense : $-48.6 Mil (TTM As of Dec. 2016)


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What is Equity One Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Equity One's interest expense for the three months ended in Dec. 2016 was $ -11.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2016 was $-48.6 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. Equity One's Operating Income for the three months ended in Dec. 2016 was $ 34.7 Mil. Equity One's Interest Expense for the three months ended in Dec. 2016 was $ -11.8 Mil. Equity One's Interest Coverage for the quarter that ended in Dec. 2016 was 2.94. 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.

Equity One Interest Expense Historical Data

The historical data trend for Equity One'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.

Equity One Interest Expense Chart

Equity One Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -70.67 -70.57 -66.43 -55.32 -48.60

Equity One Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 -13.28 -12.85 -12.48 -11.49 -11.78

Equity One 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-48.6 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.

Equity One  (NYSE:EQY) 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.

Equity One's Interest Expense for the three months ended in Dec. 2016 was $-11.8 Mil. Its Operating Income for the three months ended in Dec. 2016 was $34.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2016 was $1,415.6 Mil.

Equity One's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2016 )/Interest Expense (Q: Dec. 2016 )
=-1*34.655/-11.783
=2.94

* 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.

Equity One (Equity One) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equity One Inc (NYSE:EQY) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Website
http://www.equityone.com
Equity One is a retail real estate investment trust that mainly owns and manages neighborhood shopping centers often anchored by supermarkets, drugstores, or discount retail stores. Recently, Equity One owned roughly 160 properties in 13 states, with concentrations in south Florida (27% of assets), the Northeast (27%), California (21%), and north Florida (10%).
Executives
David R Lukes officer: Chief Executive Officer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Galia Maor director 1600 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Matthew Louis Ostrower officer: CFO 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Michael Makinen officer: Chief Operating Officer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Cynthia R Cohen director 1401 BRICKELL AVENUE, SUITE 640, C/O STRATEGIC MINDSHARE, MIAMI FL 33131
Jordan Heller director C/O BED BATH & BEYOND INC, 650 LIBERTY AVE, UNION NJ 07083
Mgn America, Llc 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Mgn Usa Inc 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH, FL 33179
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Gazit First Generation Ll 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Gazit-globe Ltd 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Gazit 1995 Inc 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179