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AIM Commercial Growth Freehold And Leasehold REIT (BKK:AIMCG-F) Interest Expense : ฿-15.6 Mil (TTM As of Dec. 2023)


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What is AIM Commercial Growth Freehold And Leasehold REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AIM Commercial Growth Freehold And Leasehold REIT's interest expense for the three months ended in Dec. 2023 was ฿ -4.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ฿-15.6 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. AIM Commercial Growth Freehold And Leasehold REIT's Operating Income for the three months ended in Dec. 2023 was ฿ 64.0 Mil. AIM Commercial Growth Freehold And Leasehold REIT's Interest Expense for the three months ended in Dec. 2023 was ฿ -4.0 Mil. AIM Commercial Growth Freehold And Leasehold REIT's Interest Coverage for the quarter that ended in Dec. 2023 was 16.03. 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.


AIM Commercial Growth Freehold And Leasehold REIT Interest Expense Historical Data

The historical data trend for AIM Commercial Growth Freehold And Leasehold 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.

AIM Commercial Growth Freehold And Leasehold REIT Interest Expense Chart

AIM Commercial Growth Freehold And Leasehold REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.96 -13.48 -13.94 -13.69 -15.62

AIM Commercial Growth Freehold And Leasehold REIT Quarterly Data
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 -3.51 -3.77 -3.90 -3.95 -3.99

AIM Commercial Growth Freehold And Leasehold 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 ฿-15.6 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.


AIM Commercial Growth Freehold And Leasehold REIT  (BKK:AIMCG-F) 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.

AIM Commercial Growth Freehold And Leasehold REIT's Interest Expense for the three months ended in Dec. 2023 was ฿-4.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was ฿64.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ฿222.1 Mil.

AIM Commercial Growth Freehold And Leasehold 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*64.031/-3.994
=16.03

* 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.


AIM Commercial Growth Freehold And Leasehold REIT (BKK:AIMCG-F) Business Description

Traded in Other Exchanges
Address
Witthayu Road, GPF Witthayu Building, No. 93/1, Unit 803, 8th floor,Tower B, Lumpini, Pathumwan, Bangkok, THA, 10330
AIM Commercial Growth Freehold And Leasehold REIT is a company that invests in commercial real estate properties. It invests in shopping centers, lifestyle malls, office buildings, convention centers, and others as well as any related facilities, and equipment. Its projects portfolio includes UD Town Project, 72 Courtyard Project, Porto Chino Project, and Noble Solo Project and Others. The company operates its business in Thailand.

AIM Commercial Growth Freehold And Leasehold REIT (BKK:AIMCG-F) Headlines

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