PS Business Parks (PS Business Parks) Interest Expense : $-1.1 Mil (TTM As of Sep. 2022)

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What is PS Business Parks Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PS Business Parks's interest expense for the three months ended in Sep. 2022 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was $-1.1 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. PS Business Parks's Operating Income for the three months ended in Sep. 2022 was $ 0.0 Mil. PS Business Parks's Interest Expense for the three months ended in Sep. 2022 was $ 0.0 Mil. GuruFocus does not calculate PS Business Parks's interest coverage with the available data. 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.

PS Business Parks Interest Expense Historical Data

The historical data trend for PS Business Parks'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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PS Business Parks Interest Expense Chart

PS Business Parks Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.67

-0.66

-0.55

-0.73

PS Business Parks Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Interest Expense	Get a 7-Day Free Trial															-0.25	-0.33	-0.48	-	-

PS Business Parks 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.1 Mil.

PS Business Parks (NYSE:PSB) 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.

PS Business Parks's Interest Expense for the three months ended in Sep. 2022 was $0.0 Mil. Its Operating Income for the three months ended in Sep. 2022 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $3,751.0 Mil.

PS Business Parks's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

GuruFocus does not calculate PS Business Parks's interest coverage with the available data.

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

PS Business Parks (PS Business Parks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » PS Business Parks Inc (NYSE:PSB) » Definitions » Interest Expense

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PSBZP.PFD:USA PSBYP.PFD:USA PSBXP.PFD:USA

Address

345 Park Avenue, New York, NY, USA, 10154

Website

https://www.psbusinessparks.com

Link Parks Inc formerly NamePS Business Parks Inc is a real estate investment trust that owns and operates primarily multitenant commercial warehouse, office, industrial park, and flex properties in the United States. The business activities of the group functioned through the acquisition, development, ownership and management of commercial real estate and the acquisition, development, ownership and management of multifamily real estate. The company defines flex space as locations that combine both warehouse and office space in a single configuration. Almost half the company's properties are located in California. The company generates nearly most of its revenue from rental income derived from its flex space and low-rise office holdings.

Executives

Havner Ronald L Jr	director	701 WESTERN AVENUE, GLENDALE CA 91201
Maria R Hawthorne	director	701 WESTERN AVENUE, GLENDALE CA 91201
Trenton Groves	officer: SVP, CAO & Asst. Sec.	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Adeel Khan	officer: Chief Financial Officer	11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
Jennifer Holden Dunbar	director	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
M Christian Mitchell	director	355 S. GRAND AVE, SUITE 1750, LOS ANGELES CA 90071
Jeffrey D Hedges	officer: EVP, CFO & Secretary	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Russell Joseph D Jr	officer: PRESIDENT / CEO	PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Irene H Oh	director	135 N LOS ROBLES AVE. 7TH FL, PASADENA CA 91101
Chandler, Iii Dan M.	officer: President & CEO	915 WILSHIRE BOULEVARD, SUITE 2200, LOS ANGELES CA 90017
Kristy Pipes	director	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
James H Kropp	director	701 WESTERN AVENUE, GLENDALE CA 91201
John W Petersen	officer: Executive Vice President & COO	701 WESTERN AVENUE, GLENDALE CA 91201
Stephen W Wilson	director	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Robert S Rollo	director	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201