Logistic Properties of the Americas (Logistic Properties of the Americas) Interest Expense : $-19.04 Mil (TTM As of Mar. 2024)

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What is Logistic Properties of the Americas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Logistic Properties of the Americas's interest expense for the three months ended in Mar. 2024 was $ -5.56 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-19.04 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. Logistic Properties of the Americas's Operating Income for the three months ended in Mar. 2024 was $ 7.26 Mil. Logistic Properties of the Americas's Interest Expense for the three months ended in Mar. 2024 was $ -5.56 Mil. Logistic Properties of the Americas's Interest Coverage for the quarter that ended in Mar. 2024 was 1.30. 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.

Logistic Properties of the Americas Interest Expense Historical Data

The historical data trend for Logistic Properties of the Americas'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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Logistic Properties of the Americas Interest Expense Chart

Logistic Properties of the Americas Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-9.80

-11.77

-31.11

Logistic Properties of the Americas Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial			-4.69	-5.50	-5.65	-7.83	-5.56

Logistic Properties of the Americas 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 quarterly data reported by the company within the most recent 12 months, which was $-19.04 Mil.

Logistic Properties of the Americas (AMEX:LPA) 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.

Logistic Properties of the Americas's Interest Expense for the three months ended in Mar. 2024 was $-5.56 Mil. Its Operating Income for the three months ended in Mar. 2024 was $7.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $250.57 Mil.

Logistic Properties of the Americas'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	*	7.258	/	-5.562
	=	1.30

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

Logistic Properties of the Americas (Logistic Properties of the Americas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Logistic Properties of the Americas (AMEX:LPA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plaza Tempo, Edificio B, Oficina B1, Piso 2, San Rafael de Escazu, San Jose, CRI

Website

https://www.latamlp.com

Logistic Properties of the Americas is a fully-integrated, internally managed real estate company that develops, owns and manages a diversified portfolio of warehouse logistics assets in Central America and the South America. It focuses on modern Class A logistics real estate in high growth and high barrier-to-entry markets that are undersupplied and have low penetration rates.