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FairPlay Properties REIT (XBUL:FPP) Interest Expense : лв-0.70 Mil (TTM As of Dec. 2023)


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What is FairPlay Properties REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FairPlay Properties REIT's interest expense for the three months ended in Dec. 2023 was лв -0.24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was лв-0.70 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. FairPlay Properties REIT's Operating Income for the three months ended in Dec. 2023 was лв 1.70 Mil. FairPlay Properties REIT's Interest Expense for the three months ended in Dec. 2023 was лв -0.24 Mil. FairPlay Properties REIT's Interest Coverage for the quarter that ended in Dec. 2023 was 7.13. 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.


FairPlay Properties REIT Interest Expense Historical Data

The historical data trend for FairPlay Properties REIT'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.

FairPlay Properties REIT Interest Expense Chart

FairPlay Properties REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.15 -0.14 -0.25 -0.65 -0.70

FairPlay Properties REIT 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.20 -0.18 -0.17 -0.11 -0.24

FairPlay Properties REIT 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 лв-0.70 Mil.

* 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.


FairPlay Properties REIT  (XBUL:FPP) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

FairPlay Properties REIT's Interest Expense for the three months ended in Dec. 2023 was лв-0.24 Mil. Its Operating Income for the three months ended in Dec. 2023 was лв1.70 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was лв31.79 Mil.

FairPlay Properties REIT'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*1.704/-0.239
=7.13

* 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.

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


FairPlay Properties REIT (XBUL:FPP) Business Description

Traded in Other Exchanges
N/A
Address
51B Cherni Vruh Boulevard, Sofia, BGR, 1407
FairPlay Properties REIT is a real estate investment trust. The company's portfolio consists of apartment complexes, hotels, commercial buildings, residential buildings, and offices among others. Some of its projects are Fodder Kitchen, Fodder Plant, Moderato Restaurant, Greenville Hotel and Apartment Houses, and others.

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