Centuria Capital Group (ASX:CNI) Interest Expense : A$-37.8 Mil (TTM As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Centuria Capital Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Centuria Capital Group's interest expense for the six months ended in Dec. 2023 was A$ -18.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-37.8 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. Centuria Capital Group's Operating Income for the six months ended in Dec. 2023 was A$ 36.0 Mil. Centuria Capital Group's Interest Expense for the six months ended in Dec. 2023 was A$ -18.5 Mil. Centuria Capital Group's Interest Coverage for the quarter that ended in Dec. 2023 was 1.95. 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.

Centuria Capital Group Interest Expense Historical Data

The historical data trend for Centuria Capital Group'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.

Centuria Capital Group Interest Expense Chart

Centuria Capital Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

Get a 7-Day Free Trial

-20.26

-17.37

-19.17

-30.52

-36.93

Centuria Capital Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-13.80	-16.72	-17.55	-19.37	-18.47

Centuria Capital Group 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 A$-37.8 Mil.

Centuria Capital Group (ASX:CNI) 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.

Centuria Capital Group's Interest Expense for the six months ended in Dec. 2023 was A$-18.5 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$36.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$437.1 Mil.

Centuria Capital Group'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	*	36.04	/	-18.466
	=	1.95

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

Centuria Capital Group (ASX:CNI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Centuria Capital Group (ASX:CNI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Chifley Square, Level 41, Chifley Tower, Sydney, NSW, AUS, 2000

Website

https://www.centuria.com.au

Centuria Capital Group runs retail, wholesale, and institutional property investments. Assets are roughly one third each in office, industrial, and another third in retail, healthcare, agricultural property, and real estate finance. About one third of FUM is in listed REITs, a third in unlisted wholesale funds, and nearly another third in unlisted retail funds and a small amount in institutional vehicles. The group's AUD 21 billion in FUM grew rapidly from less than AUD 5 billion in FUM in 2018. Acquisitions of Augusta Capital, 360 Capital, PrimeWest, and others supercharged FUM growth. Centuria's main revenue sources are management fees on its funds, development profits, and rental income from co-investments in its funds. Centuria is the largest securityholder in its listed REITs.