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Frasers Property (Frasers Property) Interest Expense : $-427 Mil (TTM As of Mar. 2024)


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What is Frasers Property Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Frasers Property's interest expense for the six months ended in Mar. 2024 was $ -224 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-427 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. Frasers Property's Operating Income for the six months ended in Mar. 2024 was $ 319 Mil. Frasers Property's Interest Expense for the six months ended in Mar. 2024 was $ -224 Mil. Frasers Property's Interest Coverage for the quarter that ended in Mar. 2024 was 1.43. 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.


Frasers Property Interest Expense Historical Data

The historical data trend for Frasers Property'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.

Frasers Property Interest Expense Chart

Frasers Property Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -320.08 -376.61 -324.24 -278.86 -385.61

Frasers Property Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 -146.06 -138.57 -185.82 -202.94 -223.97

Frasers Property 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-427 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.


Frasers Property  (OTCPK:FSRPF) 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.

Frasers Property's Interest Expense for the six months ended in Mar. 2024 was $-224 Mil. Its Operating Income for the six months ended in Mar. 2024 was $319 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was $9,961 Mil.

Frasers Property's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*319.42/-223.973
=1.43

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Frasers Property Ltd interest coverage is 1.66, which is low.


Frasers Property (Frasers Property) Business Description

Traded in Other Exchanges
Address
438 Alexandra Road, No. 21-00 Alexandra Point, Singapore, SGP, 119958
Frasers Property Ltd owns, develops and manages a diverse, integrated portfolio of properties. Its assets range from residential, retail, commercial and business parks, to industrial and logistics in Singapore, Australia, Europe, China, and Southeast Asia. The Company's reportable operating segments comprise four strategic business units which are Singapore , Australia and Industrial, Hospitality, Thailand & Vietnam and Others. It generates majority of the revenue from singapore segment.

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