Frasers Centrepoint Trust (Frasers Centrepoint Trust) Interest Expense : $-61.6 Mil (TTM As of Mar. 2024)

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What is Frasers Centrepoint Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Frasers Centrepoint Trust's interest expense for the six months ended in Mar. 2024 was $ -29.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-61.6 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. Frasers Centrepoint Trust's Operating Income for the six months ended in Mar. 2024 was $ 78.5 Mil. Frasers Centrepoint Trust's Interest Expense for the six months ended in Mar. 2024 was $ -29.5 Mil. Frasers Centrepoint Trust's Interest Coverage for the quarter that ended in Mar. 2024 was 2.66. 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.

Frasers Centrepoint Trust Interest Expense Historical Data

The historical data trend for Frasers Centrepoint Trust'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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Frasers Centrepoint Trust Interest Expense Chart

Frasers Centrepoint Trust Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-17.05

-19.22

-31.69

-31.39

-57.38

Frasers Centrepoint Trust Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-14.13	-17.82	-25.68	-32.14	-29.48

Frasers Centrepoint Trust 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-61.6 Mil.

Frasers Centrepoint Trust (OTCPK:FRZCF) 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.

Frasers Centrepoint Trust's Interest Expense for the six months ended in Mar. 2024 was $-29.5 Mil. Its Operating Income for the six months ended in Mar. 2024 was $78.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was $1,403.7 Mil.

Frasers Centrepoint Trust's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	78.537	/	-29.475
	=	2.66

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Frasers Centrepoint Trust interest coverage is 2.58, which is low.

Frasers Centrepoint Trust (Frasers Centrepoint Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Frasers Centrepoint Trust (OTCPK:FRZCF) » Definitions » Interest Expense

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Traded in Other Exchanges

J69U:Singapore

Address

10 Marina Boulevard, Marina Bay Financial Centre, Tower 2 Number 48-01, Singapore, SGP, 018983

Website

https://www.frasersproperty.com

Frasers Centrepoint Trust is a real estate investment trust listed on the Singapore Exchange that predominately invests in suburban retail assets in Singapore. Its portfolio consists of 11 retail malls (of which two are not wholly owned) and one office property with a total valuation of SGD 7.6 billion as at Sept. 30, 2023. FCT also holds a: i) 30.97% interest in Hektar REIT, a retail-focused REIT in Malaysia; and ii) 43.7% interest in Changi City Carpark. The trust is externally managed by Frasers Centrepoint Asset Management, a wholly owned subsidiary of Frasers Property Limited that has a 41.2% direct and indirect interest in FCT.

Frasers Centrepoint Trust (Frasers Centrepoint Trust) Headlines

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