KMC Properties ASA (OSL:KMCP) Interest Expense : kr-269.6 Mil (TTM As of Mar. 2024)

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What is KMC Properties ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. KMC Properties ASA's interest expense for the three months ended in Mar. 2024 was kr -55.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-269.6 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. KMC Properties ASA's Operating Income for the three months ended in Mar. 2024 was kr 99.0 Mil. KMC Properties ASA's Interest Expense for the three months ended in Mar. 2024 was kr -55.1 Mil. KMC Properties ASA's Interest Coverage for the quarter that ended in Mar. 2024 was 1.80. 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.

KMC Properties ASA Interest Expense Historical Data

The historical data trend for KMC Properties ASA'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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KMC Properties ASA Interest Expense Chart

KMC Properties ASA Annual Data

Trend

Dec14

Dec15

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-12.39

-22.34

-83.00

-142.30

-260.00

KMC Properties ASA Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-44.00	-51.00	-57.00	-106.50	-55.10

KMC Properties ASA 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 kr-269.6 Mil.

KMC Properties ASA (OSL:KMCP) 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.

KMC Properties ASA's Interest Expense for the three months ended in Mar. 2024 was kr-55.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr99.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr3,441.6 Mil.

KMC Properties ASA'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	*	99	/	-55.1
	=	1.80

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

KMC Properties ASA (OSL:KMCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KMC Properties ASA (OSL:KMCP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dyre Halses gate 1a, Trondheim, NOR, 7042

Website

https://www.kmcp.no

KMC Properties ASA is a real estate company whose business strategy is to invest in high-yield industrial and logistical properties, primarily in the light industry and warehouse segment. The company has a diversified portfolio of properties in the Nordics and the Netherlands. The company's portfolio consisted of 61 industrial and logistics properties in the Nordics and the Netherlands. The company's four largest tenants are BEWI ASA, Insula AS, Grontvedt Group, and Scana ASA.

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