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ESR Kendall Square REIT (XKRX:365550) Interest Coverage : N/A (As of Nov. 2024)


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What is ESR Kendall Square REIT Interest Coverage?

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 by its Interest Expense. ESR Kendall Square REIT's Operating Income for the six months ended in Nov. 2024 was ₩0 Mil. ESR Kendall Square REIT's Interest Expense for the six months ended in Nov. 2024 was ₩0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for ESR Kendall Square REIT's Interest Coverage or its related term are showing as below:


XKRX:365550's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 2.86
* Ranked among companies with meaningful Interest Coverage only.

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


ESR Kendall Square REIT Interest Coverage Historical Data

The historical data trend for ESR Kendall Square REIT's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

ESR Kendall Square REIT Interest Coverage Chart

ESR Kendall Square REIT Annual Data
Trend May20 May21 May22 May23 May24
Interest Coverage
No Debt 1.33 1.52 1.64 1.12

ESR Kendall Square REIT Semi-Annual Data
May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of ESR Kendall Square REIT's Interest Coverage

For the REIT - Industrial subindustry, ESR Kendall Square REIT's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ESR Kendall Square REIT's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, ESR Kendall Square REIT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ESR Kendall Square REIT's Interest Coverage falls into.


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ESR Kendall Square REIT Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


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

ESR Kendall Square REIT's Interest Coverage for the fiscal year that ended in May. 2024 is calculated as

Here, for the fiscal year that ended in May. 2024, ESR Kendall Square REIT's Interest Expense was ₩-25,607 Mil. Its Operating Income was ₩28,807 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩960,116 Mil.

Interest Coverage=-1* Operating Income (A: May. 2024 )/Interest Expense (A: May. 2024 )
=-1*28807.156/-25607.408
=1.12

ESR Kendall Square REIT's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

Here, for the six months ended in Nov. 2024, ESR Kendall Square REIT's Interest Expense was ₩0 Mil. Its Operating Income was ₩0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩1,342,856 Mil.

GuruFocus does not calculate ESR Kendall Square REIT's interest coverage with the available data.

* 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.


ESR Kendall Square REIT  (XKRX:365550) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


ESR Kendall Square REIT Interest Coverage Related Terms

Thank you for viewing the detailed overview of ESR Kendall Square REIT's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


ESR Kendall Square REIT Business Description

Traded in Other Exchanges
N/A
Address
35F Three IFC, 10 Gukjegeumyung-Ro, Yeongdeungpo-gu, Seoul, KOR
ESR Kendall Square REIT is a real estate investment trust focused on development and investment of logistics centers. Some of its Logistics parks include Bucheon Cold Logistics Park, Goyang Logistics Park, Yongin Logistics Park 1, Anseong Logistics Park and Gimhae Logistics Park.

ESR Kendall Square REIT Headlines

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