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Urban Logistics REIT (LSE:SHED) Interest Expense : £-17.43 Mil (TTM As of Mar. 2024)


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What is Urban Logistics REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Urban Logistics REIT's interest expense for the six months ended in Mar. 2024 was £ -8.64 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was £-17.43 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. Urban Logistics REIT's Operating Income for the six months ended in Mar. 2024 was £ Mil. Urban Logistics REIT's Interest Expense for the six months ended in Mar. 2024 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.


Urban Logistics REIT Interest Expense Historical Data

The historical data trend for Urban Logistics 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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Urban Logistics REIT Interest Expense Chart

Urban Logistics REIT Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -2.37 -3.41 -6.90 -11.01 -17.43

Urban Logistics REIT Semi-Annual Data
Sep16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.16 -4.22 -6.79 -8.78 -8.64

Urban Logistics 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-17.43 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.


Urban Logistics REIT (LSE:SHED) Business Description

Traded in Other Exchanges
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Urban Logistics REIT PLC is a property investment company. The company invests in the United Kingdom based industrial and logistics properties with a view to delivering attractive dividends and capital return to its shareholders. Its investment strategy is focused on smaller single let industrial and logistics properties in key geographical locations servicing high-quality tenants. Investment returns will be generated by quality stock, asset management, and a strong occupational market.

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