AREIT Prop (JSE:APO) Interest Expense : R0.00 Mil (TTM As of Dec. 2022)

View and export this data going back to 2022. Start your Free Trial

What is AREIT Prop Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AREIT Prop's interest expense for the three months ended in Dec. 2022 was R 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was R0.00 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. AREIT Prop's Operating Income for the three months ended in Dec. 2022 was R 7.08 Mil. AREIT Prop's Interest Expense for the three months ended in Dec. 2022 was R 0.00 Mil. AREIT Prop has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

AREIT Prop Interest Expense Historical Data

The historical data trend for AREIT Prop'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.

AREIT Prop Interest Expense Chart

AREIT Prop Annual Data

Trend

Dec21

Dec22

Interest Expense

AREIT Prop Quarterly Data
	Mar22	Jun22	Sep22	Dec22
Interest Expense	-	-	-	-

AREIT Prop 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was R0.00 Mil.

AREIT Prop (JSE:APO) 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.

AREIT Prop's Interest Expense for the three months ended in Dec. 2022 was R0.00 Mil. Its Operating Income for the three months ended in Dec. 2022 was R7.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2022 was R0.00 Mil.

AREIT Prop's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

AREIT Prop had no long-term debt ⁽¹⁾.

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

AREIT Prop (JSE:APO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AREIT Prop Ltd (JSE:APO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cape Town, Cape Town, ZAF

Website

http://www.areitprop.co.za

AREIT Prop Ltd is a property group holding leasehold properties focused on the hospitality and medical sector, allowing investors to gain exposure to the property ?market without the exposure to property-related expenses, risks, and debt.