LFM Properties (PHS:LPC) Interest Expense : ₱-47.0 Mil (TTM As of Mar. 2024)

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What is LFM Properties Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LFM Properties's interest expense for the three months ended in Mar. 2024 was ₱ -12.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-47.0 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. LFM Properties's Operating Income for the three months ended in Mar. 2024 was ₱ 28.9 Mil. LFM Properties's Interest Expense for the three months ended in Mar. 2024 was ₱ -12.1 Mil. LFM Properties's Interest Coverage for the quarter that ended in Mar. 2024 was 2.39. 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.

LFM Properties Interest Expense Historical Data

The historical data trend for LFM Properties'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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LFM Properties Interest Expense Chart

LFM Properties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-50.49

-34.75

-30.69

-27.89

-43.62

LFM Properties Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial								-8.71	-11.56	-12.14	-11.21	-12.10

LFM Properties 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 quarterly data reported by the company within the most recent 12 months, which was ₱-47.0 Mil.

LFM Properties (PHS:LPC) 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.

LFM Properties's Interest Expense for the three months ended in Mar. 2024 was ₱-12.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₱28.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₱136.6 Mil.

LFM Properties's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	28.899	/	-12.098
	=	2.39

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. LFM Properties Corp interest coverage is 1.89, which is low.

LFM Properties (PHS:LPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » LFM Properties Corp (PHS:LPC) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

835 A. Arnaiz Avenue, 3rd Floor, Liberty Building, Makati, PHL

Website

https://www.lfmproperty.com

LFM Properties Corp is engaged in the real estate business. It holds, develops, manages, administer, sells, convey, encumber, purchase, acquire, rent, or otherwise deal in and dispose all kinds of real estate projects. The company derives all its revenues from the real estate properties it owns and leases out to tenants.

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