GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ground Rents Income Fund PLC (LSE:GRIO) » Definitions » Interest Expense

Ground Rentsome Fund (LSE:GRIO) Interest Expense : £-0.55 Mil (TTM As of Sep. 2022)


View and export this data going back to 2012. Start your Free Trial

What is Ground Rentsome Fund Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ground Rentsome Fund's interest expense for the six months ended in Sep. 2022 was £ -0.31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was £-0.55 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. Ground Rentsome Fund's Operating Income for the six months ended in Sep. 2022 was £ Mil. Ground Rentsome Fund's Interest Expense for the six months ended in Sep. 2022 was £ Mil. 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.


Ground Rentsome Fund Interest Expense Historical Data

The historical data trend for Ground Rentsome 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.

* Premium members only.

Ground Rentsome Fund Interest Expense Chart

Ground Rentsome Fund Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Interest Expense
Get a 7-Day Free Trial -0.66 -0.66 -0.50 -0.47 -0.55

Ground Rentsome Fund Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.22 -0.23 -0.24 -0.24 -0.31

Ground Rentsome 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 Sep. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.55 Mil.

* 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.


Ground Rentsome Fund (LSE:GRIO) Business Description

Traded in Other Exchanges
N/A
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Ground Rents Income Fund PLC is a closed-ended real estate investment trust. It is involved in ground rents which include freeholds and leaseholds of residential, retail, and commercial. Its investment objective is to provide secure long-term performance through investment in long-dated UK ground rents, which have historically had little correlation to traditional property asset classes and have seen their value remain consistent regardless of the underlying state of the economy. It also offers a commission on insurance policies. The majority of the revenue is earned by the income received from the ground rent.

Ground Rentsome Fund (LSE:GRIO) Headlines

No Headlines