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Westfield Trust (ASX:WFT) Interest Expense : A$-218.40 Mil (TTM As of Dec. 2003)


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What is Westfield Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Westfield Trust's interest expense for the six months ended in Dec. 2003 was A$ -218.40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2003 was A$-218.40 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. Westfield Trust's Operating Income for the six months ended in Dec. 2003 was A$ -1,165.10 Mil. Westfield Trust's Interest Expense for the six months ended in Dec. 2003 was A$ -218.40 Mil. Westfield Trust did not have earnings to cover the interest expense. 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.


Westfield Trust Interest Expense Historical Data

The historical data trend for Westfield Trust'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.

Westfield Trust Interest Expense Chart

Westfield Trust Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
Interest Expense
Get a 7-Day Free Trial -57.70 -55.50 -122.00 -140.50 -169.10

Westfield Trust Semi-Annual Data
Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Interest Expense Get a 7-Day Free Trial Premium Member Only -55.50 -122.00 -140.50 -169.10 -218.40

Westfield Trust Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2003 was A$-218.40 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.


Westfield Trust  (ASX:WFT) 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.

Westfield Trust's Interest Expense for the six months ended in Dec. 2003 was A$-218.40 Mil. Its Operating Income for the six months ended in Dec. 2003 was A$-1,165.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2003 was A$11,557.70 Mil.

Westfield Trust's Interest Coverage for the quarter that ended in Dec. 2003 is calculated as

Westfield Trust did not have earnings to cover the interest expense.

* 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.


Westfield Trust (ASX:WFT) Business Description

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Westfield Trust (WFT) comprises interests in 50 shopping centres in Australia and New Zealand, with 3.1m sqm2 of gross lettable area servicing more than 9,400 retailers who generate in excess of $13.9 billion of retail sales.

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