GLLOF (Galileo Japan Trust) Interest Expense: $-6.79 Mil (TTM As of Jun. 2016)


What is Galileo Japan Trust Interest Expense?

Galileo Japan Trust GLLOF Interest Expense is $-6.79 Mil as of Jun. 2016.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Galileo Japan Trust's interest expense for the six months ended in Jun. 2016 was $ -6.79 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2016 was $-6.79 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. Galileo Japan Trust's Operating Income for the six months ended in Jun. 2016 was $ 54.45 Mil. Galileo Japan Trust's Interest Expense for the six months ended in Jun. 2016 was $ -6.79 Mil. Galileo Japan Trust's Interest Coverage for the quarter that ended in Jun. 2016 was 8.02. 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.

Galileo Japan Trust  (GREY:GLLOF) 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.

Galileo Japan Trust's Interest Expense for the six months ended in Jun. 2016 was $-6.79 Mil. Its Operating Income for the six months ended in Jun. 2016 was $54.45 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2016 was $0.00 Mil.

Galileo Japan Trust's Interest Coverage for the quarter that ended in Jun. 2016 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2016 )/Interest Expense (Q: Jun. 2016 )
=-1*54.453/-6.787
=8.02

* 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.

Galileo Japan Trust Interest Expense Historical Data

* Premium members only.

The historical data trend for Galileo Japan 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.

Galileo Japan Trust Interest Expense Chart

Galileo Japan Trust Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.82 -29.22 -0.98 0.00 -6.79

Galileo Japan Trust Semi-Annual Data
Jun06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 0.00 0.00 0.00 0.00 -6.79

Galileo Japan 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 Jun. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-6.79 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-6.79 Mil mean?
Galileo Japan Trust (GLLOF) has a Interest Expense of $-6.79 Mil as of Jun. 2016. Interest Expense is the amount a company pays on its long-term debt. View historical data on Galileo Japan Trust and its competitors.
Is Galileo Japan Trust's Interest Expense too high?
Galileo Japan Trust's current Interest Expense is $-6.79 Mil.
How does Galileo Japan Trust's Interest Expense compare to CLPR?
Galileo Japan Trust's Interest Expense of $-6.79 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a REITs company?
A good Interest Expense depends on the REITs industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Galileo Japan Trust and its competitors. Galileo Japan Trust's current Interest Expense is $-6.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galileo Japan Trust stock overvalued right now?
Galileo Japan Trust (GLLOF) has a current Interest Expense of $-6.79 Mil. The current Interest Expense is $-6.79 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Galileo Japan Trust (GLLOF), the current Interest Expense is $-6.79 Mil as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Galileo Japan Trust Business Description

Industry Real EstateREITs
Address Level 9, 1 Alfred Street, Sydney, NSW, AUS, 2000
Galileo Japan Trust is a property trust which indirectly invests in a diverse portfolio of real estate assets in Japan. Galileo Japan Funds Management Limited is the responsible entity of the Trust.