Ble Kedros REIC (ATH:BLEKEDROS) Interest Expense : €-0.10 Mil (TTM As of Dec. 2023)

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What is Ble Kedros REIC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ble Kedros REIC's interest expense for the six months ended in Dec. 2023 was € -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.10 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. Ble Kedros REIC's Operating Income for the six months ended in Dec. 2023 was € 2.81 Mil. Ble Kedros REIC's Interest Expense for the six months ended in Dec. 2023 was € -0.05 Mil. Ble Kedros REIC's Interest Coverage for the quarter that ended in Dec. 2023 was 56.20. 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.

Ble Kedros REIC Interest Expense Historical Data

The historical data trend for Ble Kedros REIC'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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Ble Kedros REIC Interest Expense Chart

Ble Kedros REIC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.11

-0.10

-0.14

-0.10

Ble Kedros REIC Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial				-0.07	-0.05	-0.10	-0.05	-0.05

Ble Kedros REIC 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 semi-annually data reported by the company within the most recent 12 months, which was €-0.10 Mil.

Ble Kedros REIC (ATH:BLEKEDROS) 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.

Ble Kedros REIC's Interest Expense for the six months ended in Dec. 2023 was €-0.05 Mil. Its Operating Income for the six months ended in Dec. 2023 was €2.81 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.16 Mil.

Ble Kedros REIC'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	*	2.81	/	-0.05
	=	56.20

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ble Kedros REIC has enough cash to cover all of its debt. Its financial situation is stable.

Ble Kedros REIC (ATH:BLEKEDROS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ble Kedros REIC (ATH:BLEKEDROS) » Definitions » Interest Expense

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Address

4 Palaias Tatoiou Street, P.C. 14 671, Kifissia, Athens, GRC

Website

https://www.blekedros.com

Ble Kedros REIC operates as a Real Estate Investment Company (REIC). It operates in the field of real estate investment, development, and management. Its aim is to create a real estate portfolio that generates consistently high returns and generates stable cash inflows, It invests in commercial real estate which may be utilized immediately such as stores, offices, and industrial buildings, as well as assets for the future development such as plots of land.

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