Centerspace (FRA:WXC1) Interest Expense : €-35.0 Mil (TTM As of Mar. 2025)

View and export this data going back to . Start your Free Trial

What is Centerspace Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Centerspace's interest expense for the three months ended in Mar. 2025 was € -8.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was €-35.0 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. Centerspace's Operating Income for the three months ended in Mar. 2025 was € 4.9 Mil. Centerspace's Interest Expense for the three months ended in Mar. 2025 was € -8.9 Mil. Centerspace's Interest Coverage for the quarter that ended in Mar. 2025 was 0.55. 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.

Centerspace Interest Expense Historical Data

The historical data trend for Centerspace'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.

Centerspace Interest Expense Chart

Centerspace Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-23.90

-28.31

-30.92

-33.41

-35.60

Centerspace Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-8.47	-8.67	-8.06	-9.35	-8.91

Centerspace 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €-35.0 Mil.

Centerspace (FRA:WXC1) 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.

Centerspace's Interest Expense for the three months ended in Mar. 2025 was €-8.9 Mil. Its Operating Income for the three months ended in Mar. 2025 was €4.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was €838.7 Mil.

Centerspace's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	4.882	/	-8.912
	=	0.55

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. Centerspaces earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Centerspace Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Centerspace (FRA:WXC1) » Definitions » Interest Expense

Comparable Companies

NXRT AIV ELME UMH VRE BRT FREVS CLPR BHM MRP AVB EQR INVH MAA ESS SUI UDR AMH CPT ELS

Traded in Other Exchanges

CSR:USA

Address

3100 10th Street SW, Post Office Box 1988, Minot, ND, USA, 58702-1988

Website

https://www.centerspacehomes.com

Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment which includes the ownership, management, development, redevelopment, and acquisition of apartment communities and conduct their corporate operations from offices in Minot, North Dakota and Minneapolis, Minnesota.

Centerspace Headlines

No Headlines