INRE (Inland Real Estateome Trust) Interest Expense : $-41.3 Mil (TTM As of Dec. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Inland Real Estateome Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inland Real Estateome Trust's interest expense for the three months ended in Dec. 2024 was $ -10.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-41.3 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. Inland Real Estateome Trust's Operating Income for the three months ended in Dec. 2024 was $ 4.8 Mil. Inland Real Estateome Trust's Interest Expense for the three months ended in Dec. 2024 was $ -10.1 Mil. Inland Real Estateome Trust's Interest Coverage for the quarter that ended in Dec. 2024 was 0.47. 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.

Inland Real Estateome Trust Interest Expense Historical Data

The historical data trend for Inland Real Estateome 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.

* Premium members only.

Inland Real Estateome Trust Interest Expense Chart

Inland Real Estateome Trust Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-25.35

-23.24

-33.07

-42.45

-41.27

Inland Real Estateome Trust 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															-10.51	-10.43	-10.39	-10.40	-10.05

Inland Real Estateome 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-41.3 Mil.

Inland Real Estateome Trust (OTCPK:INRE) 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.

Inland Real Estateome Trust's Interest Expense for the three months ended in Dec. 2024 was $-10.1 Mil. Its Operating Income for the three months ended in Dec. 2024 was $4.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $861.0 Mil.

Inland Real Estateome Trust's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	4.755	/	-10.054
	=	0.47

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. Inland Real Estate Income Trust Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Inland Real Estateome Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Inland Real Estate Income Trust Inc (OTCPK:INRE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2901 Butterfield Road, Oak Brook, IL, USA, 60523

Website

https://www.inland-investments.com

Inland Real Estate Income Trust Inc is a real estate investment trust formed to acquire a portfolio of commercial real estate properties in the United States. The Company has one reportable segment which includes retail real estate. The company acquires retail properties, office buildings, multi-family properties, industrial and distribution, and warehouse facilities. The revenue from the Company's properties consists of rents received under long-term operating leases.

Executives

Stephen L Davis	director	2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Lee A Daniels	director	2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Gwen Henry	director	2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Bernard J Michael	director	2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Daniel Zatloukal	officer: Senior Vice President	2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Judith Fu	officer: Vice President	2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Mitchell A Sabshon	officer: Chief Executive Officer	2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Catherine L Lynch	officer: Chief Fiancial Officer	2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Daniel L Goodwin	director, 10 percent owner, officer: Chairman	2901 BUTTERFIELD RD, OAK BROOK IL 60523
David Z Lichterman	officer: Treasurer and CAO	2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Brenda G Gujral	director, officer: Chairman of the Board	INLAND AMERICAN REAL ESTATE TRUST, INC, 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Roberta S Matlin	officer: Vice President	2901 BUTTERFIELD ROAD, OAK BROOK IL 60181
Jack Potts	officer: Treasurer	2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Joann M Armenta	director, officer: President	2907 BUTTERFIELD ROAD, 3RD FLOOR, OAK BROOK IL 60523
Cathleen M Hrtanek	officer: Secretary	2901 BUTTERFIELD ROAD, OAK BROOK IL 60523