Cousins Properties (FRA:CPZ1) Interest Expense

: €-97.8 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cousins Properties's interest expense for the three months ended in Dec. 2023 was € -25.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-97.8 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. Cousins Properties's Operating Income for the three months ended in Dec. 2023 was € 42.9 Mil. Cousins Properties's Interest Expense for the three months ended in Dec. 2023 was € -25.2 Mil. Cousins Properties's Interest Coverage for the quarter that ended in Dec. 2023 was 1.70. 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.

Cousins Properties Interest Expense Historical Data

The historical data trend for Cousins Properties'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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Cousins Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-48.57

-49.82

-59.32

-68.48

-96.71

Cousins Properties Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-20.85	-23.38	-23.97	-25.31	-25.17

Cousins Properties 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 quarterly data reported by the company within the most recent 12 months, which was €-97.8 Mil.

Cousins Properties (FRA:CPZ1) 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.

Cousins Properties's Interest Expense for the three months ended in Dec. 2023 was €-25.2 Mil. Its Operating Income for the three months ended in Dec. 2023 was €42.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €2,302.6 Mil.

Cousins Properties'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	*	42.908	/	-25.174
	=	1.70

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

Cousins Properties (FRA:CPZ1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Cousins Properties Inc (FRA:CPZ1) » Definitions » Interest Expense

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CUZ:USA

Address

3344 Peachtree Road NE, Suite 1800, Atlanta, GA, USA, 30326-4802

Website

https://www.cousins.com

Cousins Properties Inc is a real estate investment trust principally involved in the ownership, management, and development of properties in the Southern United States. Cousins Properties' real estate portfolio primarily comprises offices and mixed-use developments that encompass both apartment and retail space. Offices make up the vast majority of the portfolio in terms of total square footage. Cousins' assets are mainly located in Texas and Georgia, with North Carolina also playing host to a smaller amount of rental space. The company derives nearly all of its revenue in the form of rental income from its properties, most of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company's major markets.

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