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Prologis (FRA:POJN) Interest Expense : €-718 Mil (TTM As of Sep. 2024)


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What is Prologis Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Prologis's interest expense for the three months ended in Sep. 2024 was € -207 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-718 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. Prologis's Operating Income for the three months ended in Sep. 2024 was € 707 Mil. Prologis's Interest Expense for the three months ended in Sep. 2024 was € -207 Mil. Prologis's Interest Coverage for the quarter that ended in Sep. 2024 was 3.41. 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.

Prologis Interest Expense Historical Data

The historical data trend for Prologis'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.

Prologis Interest Expense Chart

Prologis 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 -203.99 -246.52 -221.33 -275.56 -567.37

Prologis Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -169.65 -139.13 -177.56 -193.48 -207.33

Prologis 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-718 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.

Prologis  (FRA:POJN) 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.

Prologis's Interest Expense for the three months ended in Sep. 2024 was €-207 Mil. Its Operating Income for the three months ended in Sep. 2024 was €707 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €28,498 Mil.

Prologis's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*706.853/-207.332
=3.41

* 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.

Prologis Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Prologis Inc (FRA:POJN) » Definitions » Interest Expense
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PSA EXR LINE CUBE REXR EGP FR STAG COLD TRNO LSE:SGRO SGX:A17U XBRU:WDP LSE:LMP SGX:ME8U MEX:FIBRAPL14 SGX:M44U TSE:3283 LSE:BBOX TSE:3281
Traded in Other Exchanges
PLDGP.PFD:USA PLD:USA PLD:Mexico 0KOD:UK POJN:Germany P1LD34:Brazil PRLD:Austria
Address
Pier 1, Bay 1, San Francisco, CA, USA, 94111
Website
https://www.prologis.com
Prologis was formed by the June 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1.2 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $60 billion of third-party AUM. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.

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