MIAPF (Minto Apartment REIT) Interest Expense: $-20.9 Mil (TTM As of Mar. 2026)

What is Minto Apartment REIT Interest Expense?

Minto Apartment REIT MIAPF -0.32% 48 Interest Expense is $-20.9 Mil as of Mar. 2026. GuruFocus rates MIAPF with a GF Score™ of 48/100 and a GF Value™ of $11.64 (Fairly Valued). The stock has 9 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Minto Apartment REIT's interest expense for the three months ended in Mar. 2026 was $ -5.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-20.9 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. Minto Apartment REIT's Operating Income for the three months ended in Mar. 2026 was $ 12.8 Mil. Minto Apartment REIT's Interest Expense for the three months ended in Mar. 2026 was $ -5.6 Mil. Minto Apartment REIT's Interest Coverage for the quarter that ended in Mar. 2026 was 2.28. 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.

Minto Apartment REIT (OTCPK:MIAPF) 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.

Minto Apartment REIT's Interest Expense for the three months ended in Mar. 2026 was $-5.6 Mil. Its Operating Income for the three months ended in Mar. 2026 was $12.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $650.1 Mil.

Minto Apartment REIT's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	12.794	/	-5.6
	=	2.28

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Minto Apartment REIT interest coverage is 2.81, which is low.

Minto Apartment REIT Interest Expense Historical Data

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The historical data trend for Minto Apartment REIT's Interest Expense can be seen below:

Minto Apartment REIT Interest Expense Chart

Minto Apartment REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-14.27

-19.05

-25.54

-19.43

-20.34

Minto Apartment REIT Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-4.84	-5.19	-5.09	-5.07	-5.60

48GF Score

Minto Apartment REIT MIAPF

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Minto Apartment 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-20.9 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-20.9 Mil mean?

Minto Apartment REIT (MIAPF) has a Interest Expense of $-20.9 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Minto Apartment REIT and its competitors.

Is Minto Apartment REIT's Interest Expense too high?

Minto Apartment REIT's current Interest Expense is $-20.9 Mil. Overall, Minto Apartment REIT has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Minto Apartment REIT's Interest Expense compare to AVB and EQR?

Minto Apartment REIT's Interest Expense of $-20.9 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a REITs company?

A good Interest Expense depends on the REITs industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Minto Apartment REIT and its competitors. Minto Apartment REIT's current Interest Expense is $-20.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Minto Apartment REIT stock overvalued right now?

Based on GuruFocus' analysis, Minto Apartment REIT (MIAPF) is currently considered Fairly Valued. The stock's GF Value™ is $11.64, compared to a current price of $12.55 — trading 7.8% above its estimated fair value. The current Interest Expense is $-20.9 Mil. Minto Apartment REIT's overall GF Score™ is 48/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Minto Apartment REIT (MIAPF), the current Interest Expense is $-20.9 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Minto Apartment REIT (MIAPF) Overvalued in 2026?

Based on GuruFocus' analysis, Minto Apartment REIT stock appears to be overvalued. The current stock price of $12.55 is trading 7.8% above its estimated GF Value™ of $11.64. GuruFocus considers Minto Apartment REIT to be Fairly Valued.

Key valuation signals for MIAPF:

Interest Expense: $-20.9 Mil
GF Value™: $11.64 vs. price of $12.55 (7.8% above fair value)
GF Score™: 48/100 with 9 warning signs

No single metric tells the full story. See the MIAPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Minto Apartment REIT Business Description

Industry Real Estate REITs

Comparable Companies TSX:NRR.UN TSX:HOM.U TSX:MHC.U TSX:GO.U TSX:MRG.UN TSX:ERE.UN TSXV:FCA.UN TSXV:MAR.UN TSXV:SURF.UN TSX:IIP.UN AVB EQR ESS INVH SUI MAA UDR ELS AMH CPT

Other Exchanges MI.UN:Canada

Address 180 Kent Street, Suite 200, Ottawa, ON, CAN, K1P 0B6

Website https://www.mintoapartmentreit.com

Minto Apartment REIT is an unincorporated, open-ended real estate investment trust. It owns, develops, and operates a portfolio of income-producing multi-residential rental properties located in Canada. Its portfolio consists of interests in multi-residential rental properties, including four mixed-use residential apartments and commercial buildings. The Reit's primary source of revenue is rental revenue.

48GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.55

Price

$11.64

GF Value

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