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Home REIT (CHIX:HOMEL) Interest Expense : £ Mil (TTM As of Feb. 2022)


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What is Home REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Home REIT's interest expense for the three months ended in Feb. 2022 was £ -1.57 Mil. Home REIT does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Feb. 2022.

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. Home REIT's Operating Income for the three months ended in Feb. 2022 was £ Mil. Home REIT's Interest Expense for the three months ended in Feb. 2022 was £ Mil. 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.


Home REIT Interest Expense Historical Data

The historical data trend for Home 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.

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Home REIT Interest Expense Chart

Home REIT Annual Data
Trend Aug21
Interest Expense
-1.27

Home REIT Quarterly Data
Feb21 Aug21 Feb22
Interest Expense -0.02 -1.25 -1.57

Home REIT Interest Expense Calculation

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


Home REIT (CHIX:HOMEL) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
6th Floor, 125 London Wall, London, GBR, EC2Y 5AS
Home REIT PLC operates as a real estate investment company. The company invests in a diversified portfolio of homeless accommodation assets, let or pre-let to registered charities, housing associations, community interest companies and other regulated organisations that receive housing benefit or comparable funding from local or central government, on very long-term and index-linked leases. The investment objective is to deliver inflation-protected income and capital growth over the medium term for shareholders.

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