Oasis Crescent Property Fund (JSE:OAS) Interest Expense : R-0.1 Mil (TTM As of Mar. 2024)

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What is Oasis Crescent Property Fund Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Oasis Crescent Property Fund's interest expense for the six months ended in Mar. 2024 was R -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R-0.1 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. Oasis Crescent Property Fund's Operating Income for the six months ended in Mar. 2024 was R 38.0 Mil. Oasis Crescent Property Fund's Interest Expense for the six months ended in Mar. 2024 was R -0.1 Mil. Oasis Crescent Property Fund's Interest Coverage for the quarter that ended in Mar. 2024 was 521.16. 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.

Oasis Crescent Property Fund Interest Expense Historical Data

The historical data trend for Oasis Crescent Property Fund'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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Oasis Crescent Property Fund Interest Expense Chart

Oasis Crescent Property Fund Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-0.12

-0.16

-0.15

-0.14

Oasis Crescent Property Fund 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															-0.08	-0.07	-0.07	-0.07	-0.07

Oasis Crescent Property Fund 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 R-0.1 Mil.

Oasis Crescent Property Fund (JSE:OAS) 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.

Oasis Crescent Property Fund's Interest Expense for the six months ended in Mar. 2024 was R-0.1 Mil. Its Operating Income for the six months ended in Mar. 2024 was R38.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was R1.2 Mil.

Oasis Crescent Property Fund'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	*	38.045	/	-0.073
	=	521.16

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Oasis Crescent Property Fund has enough cash to cover all of its debt. Its financial situation is stable.

Oasis Crescent Property Fund (JSE:OAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Oasis Crescent Property Fund (JSE:OAS) » Definitions » Interest Expense

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Address

96 Upper Roodebloem Road, Oasis House, University Estate, Cape Town, WC, ZAF, 7925

Website

http://www.oasiscrescent.com

Oasis Crescent Property Fund is a closed-ended REIT property fund established to provide sustainable income and real returns to investors by investing in shares of companies, collective investment schemes, and real estate investment trusts. The Fund operates in the following primary business segments such as Office - comprising office buildings and office parking, Industrial - industrial buildings such as warehouses and factories, Retail - comprising retail outlets, Investments - comprising financial assets at fair value through profit or loss, other financial assets at fair value through profit or loss, other short-term financial assets at fair value through profit or loss, other receivables and cash and cash equivalents.

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