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United Hampshire US REIT (SGX:ODBU) Interest Expense : $-14.67 Mil (TTM As of Dec. 2023)


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What is United Hampshire US REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. United Hampshire US REIT's interest expense for the six months ended in Dec. 2023 was $ -7.80 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-14.67 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. United Hampshire US REIT's Operating Income for the six months ended in Dec. 2023 was $ 22.04 Mil. United Hampshire US REIT's Interest Expense for the six months ended in Dec. 2023 was $ -7.80 Mil. United Hampshire US REIT's Interest Coverage for the quarter that ended in Dec. 2023 was 2.83. 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.


United Hampshire US REIT Interest Expense Historical Data

The historical data trend for United Hampshire US REIT'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.

United Hampshire US REIT Interest Expense Chart

United Hampshire US REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -6.87 - -6.29 -8.52 -14.67

United Hampshire US REIT Semi-Annual Data
Dec16 Dec17 Dec18 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only -3.23 -3.65 -4.88 -6.87 -7.80

United Hampshire US REIT 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-14.67 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.


United Hampshire US REIT  (SGX:ODBU) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

United Hampshire US REIT's Interest Expense for the six months ended in Dec. 2023 was $-7.80 Mil. Its Operating Income for the six months ended in Dec. 2023 was $22.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $323.51 Mil.

United Hampshire US REIT's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*22.044/-7.803
=2.83

* 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.

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. United Hampshire US REIT interest coverage is 3.07, which is low.


United Hampshire US REIT (SGX:ODBU) Business Description

Traded in Other Exchanges
N/A
Address
80 Raffles Place, No. 28-21 UOB Plaza 2, Singapore, SGP, 048624
United Hampshire US REIT is a Singapore REIT investing in a diversified portfolio of stabilized income-producing grocery-anchored and necessity-based retail properties, and modern, climate-controlled self-storage facilities, located in the United States of America. The company's objectives are to provide unitholders with regular and stable distributions and to achieve long-term growth in distribution per unit and net asset value per unit while maintaining an appropriate capital structure. The group's reportable operating segments are Grocery and Necessity Properties, and Self-Storage Properties. The company generates the majority of its revenue from the Grocery and Necessity Properties segment.

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