Vividend Management Group (JSE:VIF) Interest Expense : R-119.2 Mil (TTM As of Feb. 2014)

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What is Vividend Management Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vividend Management Group's interest expense for the six months ended in Feb. 2014 was R -119.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2014 was R-119.2 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. Vividend Management Group's Operating Income for the six months ended in Feb. 2014 was R 177.5 Mil. Vividend Management Group's Interest Expense for the six months ended in Feb. 2014 was R -119.2 Mil. Vividend Management Group's Interest Coverage for the quarter that ended in Feb. 2014 was 1.49. 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.

Vividend Management Group Interest Expense Historical Data

The historical data trend for Vividend Management Group'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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Vividend Management Group Interest Expense Chart

Vividend Management Group Annual Data

Trend

Aug11

Aug12

Aug13

Interest Expense

-37.62

-75.31

-106.42

Vividend Management Group Semi-Annual Data
	Feb11	Feb12	Feb13	Feb14
Interest Expense	-	-	-	-119.23

Vividend Management Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Feb. 2014 was R-119.2 Mil.

Vividend Management Group (JSE:VIF) 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.

Vividend Management Group's Interest Expense for the six months ended in Feb. 2014 was R-119.2 Mil. Its Operating Income for the six months ended in Feb. 2014 was R177.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Feb. 2014 was R1,337.4 Mil.

Vividend Management Group's Interest Coverage for the quarter that ended in Feb. 2014 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2014 )	/	Interest Expense (Q: Feb. 2014 )
	=	-1	*	177.492	/	-119.227
	=	1.49

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

Vividend Management Group (JSE:VIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vividend Management Group (JSE:VIF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.vividend.co.za

Vividend Management Group was incorporated on 17 February 2010. It is a real estate investment trust ( REIT). The Company's portfolio consists of investments in assets and opportunities within the various property sectors in South Africa and abroad with primary focus on the retail, commercial, industrial and office sectors. The Company own a portfolio of 22 properties providing 223 444 square metres of retail and commercial space.

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