CBLDQ.PFD (CBL & Associates Properties (Old)) Interest Expense : $-141.07 Mil (TTM As of Jun. 2021)

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What is CBL & Associates Properties (Old) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CBL & Associates Properties (Old)'s interest expense for the three months ended in Jun. 2021 was $ -22.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was $-141.07 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. CBL & Associates Properties (Old)'s Operating Income for the three months ended in Jun. 2021 was $ 33.99 Mil. CBL & Associates Properties (Old)'s Interest Expense for the three months ended in Jun. 2021 was $ -22.30 Mil. CBL & Associates Properties (Old)'s Interest Coverage for the quarter that ended in Jun. 2021 was 1.52. 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.

CBL & Associates Properties (Old) Interest Expense Historical Data

The historical data trend for CBL & Associates Properties (Old)'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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CBL & Associates Properties (Old) Interest Expense Chart

CBL & Associates Properties (Old) Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Interest Expense

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-216.32

-218.68

-218.18

-203.50

-194.27

CBL & Associates Properties (Old) Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Interest Expense	Get a 7-Day Free Trial															-52.63	-61.14	-33.51	-24.13	-22.30

CBL & Associates Properties (Old) 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 quarterly data reported by the company within the most recent 12 months, which was $-141.07 Mil.

CBL & Associates Properties (Old) (OTCPK:CBLDQ.PFD) 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.

CBL & Associates Properties (Old)'s Interest Expense for the three months ended in Jun. 2021 was $-22.30 Mil. Its Operating Income for the three months ended in Jun. 2021 was $33.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2021 was $987.59 Mil.

CBL & Associates Properties (Old)'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	*	33.989	/	-22.299
	=	1.52

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

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. CBL & Associates Properties Inc (Old)s earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

CBL & Associates Properties (Old) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CBL & Associates Properties Inc (Old) (OTCPK:CBLDQ.PFD) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

2030 Hamilton Place Boulevard, CBL Center, Suite 500, Chattanooga, TN, USA, 37421

Website

https://www.cblproperties.com

CBL & Associates Properties Inc is a U.S.-based real estate investment trust. The company engages in managing, acquiring, and leasing residential and commercial properties. Its portfolio of properties spans 24 states, mostly in the Southeastern and Midwestern regions of the United States. CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.