GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Brookfield Property Partners LP (NAS:BPYPN.PFD) » Definitions » Interest Expense

Brookfield Property Partners LP (Brookfield Property Partners LP) Interest Expense : $-4,823.00 Mil (TTM As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Brookfield Property Partners LP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Brookfield Property Partners LP's interest expense for the three months ended in Dec. 2023 was $ -1,260.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-4,823.00 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. Brookfield Property Partners LP's Operating Income for the three months ended in Dec. 2023 was $ 922.00 Mil. Brookfield Property Partners LP's Interest Expense for the three months ended in Dec. 2023 was $ -1,260.00 Mil. Brookfield Property Partners LP's Interest Coverage for the quarter that ended in Dec. 2023 was 0.73. 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.


Brookfield Property Partners LP Interest Expense Historical Data

The historical data trend for Brookfield Property Partners LP'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.

Brookfield Property Partners LP Interest Expense Chart

Brookfield Property Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,924.00 -2,592.00 -2,593.00 -2,683.00 -4,823.00

Brookfield Property Partners LP Quarterly Data
Mar19 Jun19 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 Premium Member Only Premium Member Only -753.00 -1,167.00 -1,174.00 -1,222.00 -1,260.00

Brookfield Property Partners LP 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 $-4,823.00 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.


Brookfield Property Partners LP  (NAS:BPYPN.PFD) 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.

Brookfield Property Partners LP's Interest Expense for the three months ended in Dec. 2023 was $-1,260.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $922.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $41,321.00 Mil.

Brookfield Property Partners LP'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*922/-1260
=0.73

* 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.

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Brookfield Property Partners LP interest coverage is 1.04, which is low.


Brookfield Property Partners LP (Brookfield Property Partners LP) Business Description

Traded in Other Exchanges
Address
73 Front Street, 5th Floor, Hamilton, BMU, HM 12
Brookfield Property Partners LP owns, operates, and invests in commercial properties in North America, Europe, Australia, and Brazil. The company focuses on being an owner and operator of real estate, providing investors with diversified exposure to some of the iconic properties and acquiring high-quality assets at a discount to replacement cost or intrinsic value. Its operating segment includes Core Office, Core Retail, LP Investments, and Corporate Segments. The company operates in various sectors such as the office sector, retail sector, industrial, multifamily, hospitality, triple net lease, and corporate sector. It generates a majority of revenue from the LP Investments segment.

Brookfield Property Partners LP (Brookfield Property Partners LP) Headlines

From GuruFocus

Brookfield Property Partners Completes 2020 Annual Filings

By Marketwired Marketwired 03-01-2021