Citycon Oyj (FRA:TY2B) Interest Expense : €-77.1 Mil (TTM As of Dec. 2024)

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What is Citycon Oyj Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Citycon Oyj's interest expense for the three months ended in Dec. 2024 was € 0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-77.1 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. Citycon Oyj's Operating Income for the three months ended in Dec. 2024 was € 45.9 Mil. Citycon Oyj's Interest Expense for the three months ended in Dec. 2024 was € 0.8 Mil. Citycon Oyj did not have earnings to cover the interest expense. 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.

Citycon Oyj Interest Expense Historical Data

The historical data trend for Citycon Oyj'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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Citycon Oyj Interest Expense Chart

Citycon Oyj Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-47.00

-45.90

-45.70

-52.50

-76.60

Citycon Oyj 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															-7.00	-21.40	-29.90	-26.60	0.80

Citycon Oyj 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 €-77.1 Mil.

Citycon Oyj (FRA:TY2B) 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.

Citycon Oyj's Interest Expense for the three months ended in Dec. 2024 was €0.8 Mil. Its Operating Income for the three months ended in Dec. 2024 was €45.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €2,110.7 Mil.

Citycon Oyj's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Citycon Oyj interest coverage is 2.44, which is low.

Citycon Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Citycon Oyj (FRA:TY2B) » Definitions » Interest Expense

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0A0F:UK CTY1S:Finland

Address

Piispansilta 9 A 1, Iso Omena, Espoo, FIN, 02230

Website

https://www.citycon.com

Citycon Oyj owns, develops, and manages shopping centers and other retail properties in Finland, Norway, Sweden, Estonia, and Denmark. The company owns 33 centers and 1 other retail property. Among those centers, 9 are located in Finland, 2 in Estonia, 14 in Norway, 6 in Sweden and 2 in Denmark. Citycon's business operations units: 1) Finland, Estonia and Denmark 2)Sweden 3)Norway. The business units are further subdivided into clusters. The Finnish, Estonian and Danish unit is composed of two clusters, the Swedish unit of one cluster and the Norwegian unit of two.

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