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Alternativeome REIT (LSE:AIRE) Interest Expense : £-1.31 Mil (TTM As of Dec. 2023)


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What is Alternativeome REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alternativeome REIT's interest expense for the six months ended in Dec. 2023 was £ -0.65 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-1.31 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. Alternativeome REIT's Operating Income for the six months ended in Dec. 2023 was £ Mil. Alternativeome REIT's Interest Expense for the six months ended in Dec. 2023 was £ Mil. 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.

Alternativeome REIT Interest Expense Historical Data

The historical data trend for Alternativeome 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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Alternativeome REIT Interest Expense Chart

Alternativeome REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial -1.08 -1.32 -1.31 -1.31 -1.31

Alternativeome REIT Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.65 -0.65 -0.65 -0.65 -0.65

Alternativeome 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.31 Mil.

* 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.

Alternativeome REIT (LSE:AIRE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alternative Income REIT PLC (LSE:AIRE) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
1 King William Street, London, GBR, EC4N 7AF
Website
https://www.alternativeincomereit.com
Alternative Income REIT PLC is a closed-ended investment company. The investment objective is to generate a secure and predictable income return, sustainable in real terms, through investment in a diversified portfolio of UK properties. The Company will invest in freehold and long leasehold properties across the whole spectrum of the UK property sector, but with a focus on alternative and specialist real estate sectors. Examples of alternative and specialist real estate sectors include, but are not limited to, leisure, hotels, healthcare, education, logistics, automotive, supported living and student accommodation.