Swire Properties (FRA:SW9) Interest Expense : €-71 Mil (TTM As of Dec. 2023)

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What is Swire Properties Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Swire Properties's interest expense for the six months ended in Dec. 2023 was € -44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-71 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. Swire Properties's Operating Income for the six months ended in Dec. 2023 was € 453 Mil. Swire Properties's Interest Expense for the six months ended in Dec. 2023 was € -44 Mil. Swire Properties's Interest Coverage for the quarter that ended in Dec. 2023 was 10.21. 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.

Swire Properties Interest Expense Historical Data

The historical data trend for Swire 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.

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Swire Properties Interest Expense Chart

Swire Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-82.11

-54.50

-45.05

-23.77

-70.45

Swire Properties Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-20.20	-10.61	-13.10	-26.16	-44.38

Swire 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-71 Mil.

Swire Properties (FRA:SW9) 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.

Swire Properties's Interest Expense for the six months ended in Dec. 2023 was €-44 Mil. Its Operating Income for the six months ended in Dec. 2023 was €453 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €4,008 Mil.

Swire Properties'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	*	453.228	/	-44.383
	=	10.21

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

Swire Properties (FRA:SW9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Swire Properties Ltd (FRA:SW9) » Definitions » Interest Expense

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SWPFF:USA 01972:Hong Kong SW9:Germany

Address

88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG

Website

https://www.swireproperties.com

Swire Properties is a Hong Kong-based property investor, and Hong Kong's largest office landlord. Its Hong Kong portfolio provides more than 13 million square feet of gross floor area, with its portfolio of Grade A office contributing more than 9 million square feet. The firm also holds investment properties and development projects in China, the United States and Southeast Asia. Rental income accounts for over 60% of its total revenue, with property development and hotel operations contributing the balance. The company was listed in 2012. Parent company Swire Pacific holds an 82% stake.

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