AREIT (PHS:AREIT) Interest Expense : ₱-316 Mil (TTM As of Sep. 2024)

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What is AREIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AREIT's interest expense for the three months ended in Sep. 2024 was ₱ -84 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₱-316 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. AREIT's Operating Income for the three months ended in Sep. 2024 was ₱ 1,724 Mil. AREIT's Interest Expense for the three months ended in Sep. 2024 was ₱ -84 Mil. AREIT's Interest Coverage for the quarter that ended in Sep. 2024 was 20.47. 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.

AREIT Interest Expense Historical Data

The historical data trend for AREIT'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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AREIT Interest Expense Chart

AREIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-12.56

-65.42

-185.46

-231.24

-236.97

AREIT Quarterly Data
	Sep19	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-50.20	-84.95	-80.41	-66.20	-84.20

AREIT 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱-316 Mil.

AREIT (PHS:AREIT) 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.

AREIT's Interest Expense for the three months ended in Sep. 2024 was ₱-84 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₱1,724 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₱1,218 Mil.

AREIT's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	1723.592	/	-84.198
	=	20.47

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

AREIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AREIT Inc (PHS:AREIT) » Definitions » Interest Expense

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Address

Ayala Triangle, Ayala Avenue, 28th Floor Tower One and Exchange Plaza, Makati, PHL, 1226

Website

https://www.areit.com.ph

AREIT Inc is a real estate investment trust company operating in the Philippines. The company is engaged in the business, which includes the following; to own, invest in, purchase, acquire, hold, possess, lease, construct, develop, alter, improve, operate, manage, administer, sell, assign, convey, encumber, or otherwise deal in and dispose of, income-generating real estate; to invest in, purchase, acquire own, hold, sell, assign, transfer, mortgage, pledge, exchange or otherwise dispose of real estate and managed funds; to receive, collect and dispose of the rent, interest, dividends, and income rising from its property and investments.

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