ALE Property Group (ASX:LEP) Interest Expense : A$-23.54 Mil (TTM As of Jun. 2021)

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What is ALE Property Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ALE Property Group's interest expense for the six months ended in Jun. 2021 was A$ -14.61 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was A$-23.54 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. ALE Property Group's Operating Income for the six months ended in Jun. 2021 was A$ 25.01 Mil. ALE Property Group's Interest Expense for the six months ended in Jun. 2021 was A$ -14.61 Mil. ALE Property Group's Interest Coverage for the quarter that ended in Jun. 2021 was 1.71. 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.

ALE Property Group Interest Expense Historical Data

The historical data trend for ALE Property Group'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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ALE Property Group Interest Expense Chart

ALE Property Group Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Interest Expense

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-24.55

-25.28

-25.22

-25.86

-23.54

ALE Property Group Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Interest Expense	Get a 7-Day Free Trial															-12.53	-12.37	-13.48	-8.93	-14.61

ALE Property Group 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 Jun. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-23.54 Mil.

ALE Property Group (ASX:LEP) 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.

ALE Property Group's Interest Expense for the six months ended in Jun. 2021 was A$-14.61 Mil. Its Operating Income for the six months ended in Jun. 2021 was A$25.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2021 was A$540.89 Mil.

ALE Property Group's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2021 )	/	Interest Expense (Q: Jun. 2021 )
	=	-1	*	25.008	/	-14.607
	=	1.71

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

ALE Property Group (ASX:LEP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ALE Property Group (ASX:LEP) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

264 George Street, Level 28:02 Australia Square Tower, Sydney, NSW, AUS, 2000

Website

http://www.alegroup.com.au

ALE Property Group is an internally managed Australian real estate investment trust with a portfolio of 86 freehold pubs across Australia. It is a stapled entity comprising one trust and a company that acts as responsible entity. The portfolio is valued at more than AUD 1 billion: 48% in Victoria, 31% in Queensland, 14% in New South Wales, and small exposures to South Australia and Western Australia. All properties are leased to Australia's largest pub operator, Endeavour Group.

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