Frasers Logisticsmmercial Trust (SGX:BUOU) Interest Expense : S$-98.4 Mil (TTM As of Mar. 2024)

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What is Frasers Logisticsmmercial Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Frasers Logisticsmmercial Trust's interest expense for the six months ended in Mar. 2024 was S$ -51.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was S$-98.4 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. Frasers Logisticsmmercial Trust's Operating Income for the six months ended in Mar. 2024 was S$ 137.1 Mil. Frasers Logisticsmmercial Trust's Interest Expense for the six months ended in Mar. 2024 was S$ -51.4 Mil. Frasers Logisticsmmercial Trust's Interest Coverage for the quarter that ended in Mar. 2024 was 2.67. 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.

Frasers Logisticsmmercial Trust Interest Expense Historical Data

The historical data trend for Frasers Logisticsmmercial Trust'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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Frasers Logisticsmmercial Trust Interest Expense Chart

Frasers Logisticsmmercial Trust Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-22.69

-37.10

-41.36

-44.67

-86.91

Frasers Logisticsmmercial Trust Semi-Annual Data
	Sep13	Sep14	Sep15	Dec16	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial													-20.28	-24.39	-39.95	-46.96	-51.39

Frasers Logisticsmmercial Trust 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 S$-98.4 Mil.

Frasers Logisticsmmercial Trust (SGX:BUOU) 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.

Frasers Logisticsmmercial Trust's Interest Expense for the six months ended in Mar. 2024 was S$-51.4 Mil. Its Operating Income for the six months ended in Mar. 2024 was S$137.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was S$1,799.0 Mil.

Frasers Logisticsmmercial Trust'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	*	137.08	/	-51.394
	=	2.67

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Frasers Logistics & Commercial Trust interest coverage is 2.76, which is low.

Frasers Logisticsmmercial Trust (SGX:BUOU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Frasers Logistics & Commercial Trust (SGX:BUOU) » Definitions » Interest Expense

Comparable Companies

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FRLOF:USA

Address

438 Alexandra Road, No. 21-00 Alexandra Point, Singapore, SGP, 119958

Website

https://www.frasersproperty.com

Frasers Logistics & Commercial Trust was established following the merger between Frasers Logistics and Industrial Trust and Frasers Commercial Trust in April 2020. As of March 31, 2023, the trust has a diversified portfolio of 107 logistics, industrial and commercial properties valued at around SGD 6.7 billion across Singapore, Australia, Germany, the Netherlands, and the United Kingdom. The trust is externally managed by Frasers Logistics & Commercial Asset Management, a subsidiary of Frasers Property Limited, which owns around 21% of the trust.

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