USD -777 Mil as of today(2020-08-13). In depth view into Simon Property Group Interest Expense explanation, calculation, historical data and more" />SPG Interest Expense | Simon Property Group - GuruFocus.com
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Simon Property Group Interest Expense

: USD -777 Mil (TTM As of Jun. 2020)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Simon Property Group's interest expense for the three months ended in Jun. 2020 was USD -197 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2020 was USD -777 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. Simon Property Group's Operating Income for the three months ended in Jun. 2020 was USD 451 Mil. Simon Property Group's Interest Expense for the three months ended in Jun. 2020 was USD -197 Mil. Simon Property Group's Interest Coverage for the quarter that ended in Jun. 2020 was 2.29. 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.


Simon Property Group Interest Expense Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Simon Property Group Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -923.70 -857.55 -809.39 -815.92 -789.35

Simon Property Group Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -198.43 -202.38 -189.81 -187.63 -197.06

Simon Property 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 Jun. 2020 was -202.382 (Sep. 2019 ) + -189.812 (Dec. 2019 ) + -187.627 (Mar. 2020 ) + -197.061 (Jun. 2020 ) = USD -777 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Simon Property Group  (NYSE:SPG) 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.

Simon Property Group's Interest Expense for the three months ended in Jun. 2020 was USD -197 Mil. Its Operating Income for the three months ended in Jun. 2020 was USD 451 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2020 was USD 27,788 Mil.

Simon Property Group's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Interest Coverage=-1*Operating Income (Q: Jun. 2020 )/Interest Expense (Q: Jun. 2020 )
=-1*450.868/-197.061
=2.29

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Simon Property Group Inc interest coverage is 3.33, which is low.


Simon Property Group Interest Expense Headlines

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