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Granite Point Mortgage Trust (FRA:G18) Interest Expense : €-138.45 Mil (TTM As of Dec. 2024)


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What is Granite Point Mortgage Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Granite Point Mortgage Trust's interest expense for the three months ended in Dec. 2024 was € -29.75 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-138.45 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. Granite Point Mortgage Trust's Operating Income for the three months ended in Dec. 2024 was € Mil. Granite Point Mortgage Trust's Interest Expense for the three months ended in Dec. 2024 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.


Granite Point Mortgage Trust Interest Expense Historical Data

The historical data trend for Granite Point Mortgage Trust'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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Granite Point Mortgage Trust Interest Expense Chart

Granite Point Mortgage Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -92.83 -93.44 -119.07 -166.65 -142.93

Granite Point Mortgage Trust Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -40.51 -38.21 -37.48 -33.01 -29.75

Granite Point Mortgage Trust 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-138.45 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.


Granite Point Mortgage Trust Business Description

Traded in Other Exchanges
Address
3 Bryant Park, Suite 2400A, New York, NY, USA, 10036
Granite Point Mortgage Trust Inc focuses on directly originating, investing in, and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments. The company constructs its investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity, and diversification, and assesses each investment from a fundamental value perspective relative to other opportunities available in the market. It typically provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancing, and a range of business plans, including lease-up, renovation, repositioning, and repurposing of the property.

Granite Point Mortgage Trust Headlines

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