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Globe Residency REIT (KAR:GRR) Interest Expense : ₨ Mil (TTM As of . 20)


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What is Globe Residency REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Globe Residency REIT's interest expense for the six months ended in . 20 was ₨ 0.00 Mil. Globe Residency REIT does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Globe Residency REIT's Operating Income for the six months ended in . 20 was ₨ 0.00 Mil. Globe Residency REIT's Interest Expense for the six months ended in . 20 was ₨ 0.00 Mil. Globe Residency 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.

Globe Residency REIT Interest Expense Historical Data

The historical data trend for Globe Residency 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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Globe Residency REIT Interest Expense Chart

Globe Residency REIT Annual Data
Trend
Interest Expense

Globe Residency REIT Semi-Annual Data
Interest Expense

Globe Residency REIT Interest Expense Calculation

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

Globe Residency REIT  (KAR:GRR) 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.

Globe Residency REIT's Interest Expense for the six months ended in . 20 was ₨0.00 Mil. Its Operating Income for the six months ended in . 20 was ₨0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was ₨0.00 Mil.

Globe Residency REIT's Interest Coverage for the quarter that ended in . 20 is calculated as

Globe Residency REIT had no long-term debt (1).

* 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.

Globe Residency REIT (KAR:GRR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Globe Residency REIT (KAR:GRR) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
23, M. T. Khan Road, Arif Habib Center, karachi, SD, PAK
Website
https://www.arifhabibdolmenreit.com
Globe Residency REIT operates as a real estate investment trust. The company is managed by Arif Habib Dolmen REIT Management Limited. The company's project Globe Residency Apartments or the REIT Project site is situated inside Naya Nazimabad in Karachi.