PECO (Phillips Edison) Interest Expense : $-95.7 Mil (TTM As of Dec. 2024)

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What is Phillips Edison Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Phillips Edison's interest expense for the three months ended in Dec. 2024 was $ -25.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-95.7 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. Phillips Edison's Operating Income for the three months ended in Dec. 2024 was $ 46.5 Mil. Phillips Edison's Interest Expense for the three months ended in Dec. 2024 was $ -25.0 Mil. Phillips Edison's Interest Coverage for the quarter that ended in Dec. 2024 was 1.86. 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.

Phillips Edison Interest Expense Historical Data

The historical data trend for Phillips Edison'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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Phillips Edison Interest Expense Chart

Phillips Edison Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-85.30

-76.37

-71.20

-83.86

-95.70

Phillips Edison Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-22.57	-23.34	-23.62	-23.77	-24.98

Phillips Edison 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-95.7 Mil.

Phillips Edison (NAS:PECO) 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.

Phillips Edison's Interest Expense for the three months ended in Dec. 2024 was $-25.0 Mil. Its Operating Income for the three months ended in Dec. 2024 was $46.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $2,185.6 Mil.

Phillips Edison's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	46.454	/	-24.976
	=	1.86

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

Phillips Edison Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Phillips Edison & Co Inc (NAS:PECO) » Definitions » Interest Expense

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9R4:Germany

Address

11501 Northlake Drive, Cincinnati, OH, USA, 45249

Website

https://www.phillipsedison.com

Phillips Edison & Co Inc is a real estate investment trust. The company also operates a third-party investment management business providing property management and advisory services to four unconsolidated institutional joint ventures, in which it has a partial ownership interests, and one private fund. It invests in well-occupied, grocery-anchored neighborhood and community shopping centers. It holds an integrated in-house operating platform built on market of expertise designed to optimize property value and consistently deliver a great shopping experience.

Executives

Anthony E Terry	director	9002 SAN MARCO COURT, ORLANDO FL 32819
Parilee Edison Wang	director	3982 SADDLEBACK ROAD, PARK CITY UT 84098
Leslie T Chao	director	103 EISENHOWER PARKWAY, ROSELAND NJ 07068
Paul Massey	director	PHILLIPS EDISON-ARC SHOPPING CENTER REIT, 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
John P Caulfield	officer: CFO, SVP & Treasurer	11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Elizabeth Fischer	director	11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Jane Silfen	director	11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
David W Garrison	director	C/O SONICWALL, INC.,, 1143 BORREGAS AVE, SUNNYVALE CA 94089
John A. Strong	director	11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Tanya Brady	officer: See Remarks	C/O PHILLIPS EDISON & COMPANY, INC., 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Gregory S. Wood	director	800 SOUTH ST. STE # 305, WALTHAM MA 02453
Stephen R Quazzo	director	C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
Devin Ignatius Murphy	officer: CFO, Secretary and Treasurer	104 MAIN STREET, SOUTHPORT CT 06890
Jeffrey Edison	director, officer: Chairman of the Board & CEO	11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Robert Mark Addy	officer: Executive Vice President	11501 NORTHLAKE DRIVE, CINCINNATI OH 45249