Retail Estates (XBRU:RET) Interest Expense : €-19.5 Mil (TTM As of Sep. 2023)

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What is Retail Estates Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Retail Estates's interest expense for the six months ended in Sep. 2023 was € -9.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was €-19.5 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. Retail Estates's Operating Income for the six months ended in Sep. 2023 was € 54.5 Mil. Retail Estates's Interest Expense for the six months ended in Sep. 2023 was € -9.9 Mil. Retail Estates's Interest Coverage for the quarter that ended in Sep. 2023 was 5.52. 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.

Retail Estates Interest Expense Historical Data

The historical data trend for Retail Estates'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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Retail Estates Interest Expense Chart

Retail Estates Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-18.48

-19.28

-20.59

-18.49

-19.03

Retail Estates Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial															-9.46	-9.03	-9.40	-9.63	-9.88

Retail Estates 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-19.5 Mil.

Retail Estates (XBRU:RET) 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.

Retail Estates's Interest Expense for the six months ended in Sep. 2023 was €-9.9 Mil. Its Operating Income for the six months ended in Sep. 2023 was €54.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was €829.9 Mil.

Retail Estates's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	54.544	/	-9.88
	=	5.52

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

Retail Estates (XBRU:RET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Retail Estates SA (XBRU:RET) » Definitions » Interest Expense

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Traded in Other Exchanges

0FSO:UK R6N:Germany

Address

Industrielaan 6, Ternat, BEL, B-1740

Website

https://www.retailestates.com

Retail Estates SA is a real estate investment trust that invests mainly in retail properties located on the periphery of residential areas or along access roads to urban centers, mainly in the Flemish and Wallonia Regions of Belgium. The company buys these properties from third parties or builds and markets retail buildings for its account. It rents its properties in a structural state, with the furnishings, fittings, and maintenance left to the discretion of the tenants. Geographically, it derives a majority of its revenue in the form of rental income from Belgium.

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