HHDS (Highlands REIT) Interest Expense : $-7.61 Mil (TTM As of Sep. 2024)

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What is Highlands REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Highlands REIT's interest expense for the three months ended in Sep. 2024 was $ -1.92 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-7.61 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. Highlands REIT's Operating Income for the three months ended in Sep. 2024 was $ -0.50 Mil. Highlands REIT's Interest Expense for the three months ended in Sep. 2024 was $ -1.92 Mil. Highlands REIT 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.

Highlands REIT Interest Expense Historical Data

The historical data trend for Highlands REIT'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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Highlands REIT Interest Expense Chart

Highlands REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-3.93

-4.49

-3.25

-2.68

-5.09

Highlands REIT 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															-1.27	-1.86	-1.91	-1.91	-1.92

Highlands REIT 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 $-7.61 Mil.

Highlands REIT (OTCPK:HHDS) 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.

Highlands REIT's Interest Expense for the three months ended in Sep. 2024 was $-1.92 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $120.77 Mil.

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

Highlands REIT did not have earnings to cover the interest expense.

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

Highlands REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Highlands REIT Inc (OTCPK:HHDS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

1 South Dearborn Street, 20th Floor, Chicago, IL, USA, 60603

Website

https://www.highlandsreit.com

Highlands REIT Inc is an independent, self-advised, non-traded real estate investment trust. The company's portfolio consists of offices, industrial, retail and apartment assets, correctional facility, and unimproved land. Its business activities are operated through two business segments namely Multi-family and other. The company generates maximum revenue from the Multi-family segment.

Executives

Kimberly A Karas	officer: See Remarks	1 SOUTH DEARBORN STREET, 20TH FLOOR, CHICAGO IL 60603
Jeffrey L. Shekell	director	1 SOUTH DEARBORN STREET, 20TH FLOOR, CHICAGO IL 60603
Robert J. Lange	officer: See Remarks	1 SOUTH DEARBORN STREET, 20TH FLOOR, CHICAGO IL 60603
Paul A. Melkus	director	332 S MICHIGAN AVENUE, NINTH FLOOR, CHICAGO IL 60604
R. David Turner	director	1 SOUTH DEARBORN STREET, 20TH FLOOR, CHICAGO IL 60603
Inventrust Properties Corp.	10 percent owner	3025 HIGHLAND PARKWAY SUITE 350, DOWNERS GROVE IL 60515
Richard Vance	director, officer: See Remarks	1 SOUTH DEARBORN STREET, 20TH FLOOR, CHICAGO IL 60603
Joseph M. Giannini	officer: See Remarks	332 S MICHIGAN AVENUE, NINTH FLOOR, CHICAGO IL 60604

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