Mapletree Pan Asia Commercial Trust (SGX:N2IU) Interest Expense : S$-246.7 Mil (TTM As of Dec. 2023)

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What is Mapletree Pan Asia Commercial Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mapletree Pan Asia Commercial Trust's interest expense for the three months ended in Dec. 2023 was S$ -58.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-246.7 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. Mapletree Pan Asia Commercial Trust's Operating Income for the three months ended in Dec. 2023 was S$ 169.1 Mil. Mapletree Pan Asia Commercial Trust's Interest Expense for the three months ended in Dec. 2023 was S$ -58.1 Mil. Mapletree Pan Asia Commercial Trust's Interest Coverage for the quarter that ended in Dec. 2023 was 2.91. 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.

Mapletree Pan Asia Commercial Trust Interest Expense Historical Data

The historical data trend for Mapletree Pan Asia Commercial Trust'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.

Mapletree Pan Asia Commercial Trust Interest Expense Chart

Mapletree Pan Asia Commercial Trust Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-67.22

-76.33

-59.15

-54.07

-188.06

Mapletree Pan Asia Commercial Trust Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-50.79	-75.78	-54.71	-58.21	-58.05

Mapletree Pan Asia Commercial Trust 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 S$-246.7 Mil.

Mapletree Pan Asia Commercial Trust (SGX:N2IU) 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.

Mapletree Pan Asia Commercial Trust's Interest Expense for the three months ended in Dec. 2023 was S$-58.1 Mil. Its Operating Income for the three months ended in Dec. 2023 was S$169.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was S$5,667.8 Mil.

Mapletree Pan Asia Commercial Trust'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	*	169.098	/	-58.051
	=	2.91

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. Mapletree Pan Asia Commercial Trust interest coverage is 2.71, which is low.

Mapletree Pan Asia Commercial Trust (SGX:N2IU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mapletree Pan Asia Commercial Trust (SGX:N2IU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MPCMF:USA BI0:Germany

Address

10-80 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438

Website

https://www.mapletreepact.com

Mapletree Pan Asia Commercial Trust was established in July 2022 as a result of the merger between Mapletree Commercial Trust and Mapletree North Asia Commercial Trust. The trust has a diversified portfolio of 18 properties, which includes business parks, offices and retail malls across Singapore, Hong Kong, China, Japan, and South Korea. The trust is externally managed by MPACT Management, a subsidiary of its sponsor, which owns around a 56% stake in the trust.

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