New Frontier Properties (JSE:NFP) Interest Expense : R-92.4 Mil (TTM As of May. 2020)

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What is New Frontier Properties Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. New Frontier Properties's interest expense for the three months ended in May. 2020 was R -29.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2020 was R-92.4 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. New Frontier Properties's Operating Income for the three months ended in May. 2020 was R 12.0 Mil. New Frontier Properties's Interest Expense for the three months ended in May. 2020 was R -29.1 Mil. New Frontier Properties's Interest Coverage for the quarter that ended in May. 2020 was 0.41. 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.

New Frontier Properties Interest Expense Historical Data

The historical data trend for New Frontier Properties'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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New Frontier Properties Interest Expense Chart

New Frontier Properties Annual Data

Trend

Dec14

Aug16

Aug17

Aug18

Aug19

Interest Expense

-79.17

-93.09

-85.38

-103.94

New Frontier Properties Quarterly Data
	May15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
Interest Expense	Get a 7-Day Free Trial															-39.15	6.09	-42.92	-26.53	-29.08

New Frontier Properties 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 May. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was R-92.4 Mil.

New Frontier Properties (JSE:NFP) 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.

New Frontier Properties's Interest Expense for the three months ended in May. 2020 was R-29.1 Mil. Its Operating Income for the three months ended in May. 2020 was R12.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2020 was R1,774.2 Mil.

New Frontier Properties's Interest Coverage for the quarter that ended in May. 2020 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: May. 2020 )	/	Interest Expense (Q: May. 2020 )
	=	-1	*	12.011	/	-29.076
	=	0.41

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

New Frontier Properties (JSE:NFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » New Frontier Properties Ltd (JSE:NFP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

B45 Twenty Foot Road, 5th Floor, La Croisette, Grand Baie, MUS

Website

http://newfrontierprop.com

New Frontier Properties Ltd operates as a UK real estate investment trust. The company's primary objective is to acquire and develop good quality, income-generating retail and logistics property in the UK and Europe. Its investment portfolio comprises UK shopping centers, Cleveland Centre in Middlesbrough, Coopers Square in Burton upon Trent, and Houndshill Shopping Centre in Blackpool.

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