Intervest Offices & Warehouses NV (XBRU:INTO) Interest Expense : €-28.3 Mil (TTM As of Dec. 2023)

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What is Intervest Offices & Warehouses NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Intervest Offices & Warehouses NV's interest expense for the three months ended in Dec. 2023 was € -14.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-28.3 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. Intervest Offices & Warehouses NV's Operating Income for the three months ended in Dec. 2023 was € 11.4 Mil. Intervest Offices & Warehouses NV's Interest Expense for the three months ended in Dec. 2023 was € -14.4 Mil. Intervest Offices & Warehouses NV's Interest Coverage for the quarter that ended in Dec. 2023 was 0.80. 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.

Intervest Offices & Warehouses NV Interest Expense Historical Data

The historical data trend for Intervest Offices & Warehouses NV'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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Intervest Offices & Warehouses NV Interest Expense Chart

Intervest Offices & Warehouses NV Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-6.73

-6.43

-5.71

-10.03

-28.34

Intervest Offices & Warehouses NV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-3.15	-4.28	-4.92	-4.77	-14.37

Intervest Offices & Warehouses NV 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 €-28.3 Mil.

Intervest Offices & Warehouses NV (XBRU:INTO) 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.

Intervest Offices & Warehouses NV's Interest Expense for the three months ended in Dec. 2023 was €-14.4 Mil. Its Operating Income for the three months ended in Dec. 2023 was €11.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €594.3 Mil.

Intervest Offices & Warehouses NV'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	*	11.438	/	-14.373
	=	0.80

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. Intervest Offices & Warehouses NV interest coverage is 2.09, which is low.

Intervest Offices & Warehouses NV (XBRU:INTO) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Intervest Offices & Warehouses NV (XBRU:INTO) » Definitions » Interest Expense

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INTOb:UK 0MTK:UK

Address

Uitbreidingstraat 66, Berchem, Antwerp, BEL, 2600

Website

https://www.intervest.be

Intervest Offices & Warehouses SA operates as a real estate company operating in three business segments; the offices segment includes the properties that are let to companies for professional purposes as office space or as flex-work places, logistics properties Belgium segment includes those premises with logistical function, storage facilities, and high-tech buildings in Belgium, and the logistics properties Netherlands segment includes those premises with a logistical function, storage facilities, and high-tech buildings in the Netherlands. The company generates a majority of its revenue from its investments in Belgium.

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