Advance Residence Investment (TSE:3269) Interest Expense : 円-664 Mil (TTM As of Jan. 2023)

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What is Advance Residence Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Advance Residence Investment's interest expense for the six months ended in Jan. 2023 was 円 -683 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2023 was 円-664 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. Advance Residence Investment's Operating Income for the six months ended in Jan. 2023 was 円 8,951 Mil. Advance Residence Investment's Interest Expense for the six months ended in Jan. 2023 was 円 -683 Mil. Advance Residence Investment's Interest Coverage for the quarter that ended in Jan. 2023 was 13.10. 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.

Advance Residence Investment Interest Expense Historical Data

The historical data trend for Advance Residence Investment'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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Advance Residence Investment Interest Expense Chart

Advance Residence Investment Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Interest Expense

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-2,280.27

-2,008.87

-1,832.02

-1,606.99

-1,511.11

Advance Residence Investment Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jan24
Interest Expense	Get a 7-Day Free Trial															-737.89	-712.54	-666.10	-683.29	-664.28

Advance Residence Investment 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 Jan. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-664 Mil.

Advance Residence Investment (TSE:3269) 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.

Advance Residence Investment's Interest Expense for the six months ended in Jan. 2023 was 円-683 Mil. Its Operating Income for the six months ended in Jan. 2023 was 円8,951 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2023 was 円208,429 Mil.

Advance Residence Investment's Interest Coverage for the quarter that ended in Jan. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2023 )	/	Interest Expense (Q: Jan. 2023 )
	=	-1	*	8950.565	/	-683.286
	=	13.10

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

Advance Residence Investment (TSE:3269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Advance Residence Investment Corp (TSE:3269) » Definitions » Interest Expense

Comparable Companies

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N/A

Address

3-26 Kanda-Nishikicho, Chiyoda Ward, Tokyo, JPN, 101-0054

Website

http://www.adr-reit.com

Advance Residence Investment Corp is a real estate investment trust that engaged in the property leasing business. It was created through consolidation type merger between the former Advance Residence Investment Corporation and Nippon Residential Investment Corporation. In order to secure stable earnings and steady growth in assets under management, the company procures funds through loans, issuance of investment corporation bonds, issuance of units, and other means of financing for purchasing real estate properties and repaying its debts. The company primarily invests in residential real estate properties located in central Tokyo, and the Tokyo metropolitan area.

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