PLYM.PRA.PFD (Plymouth Industrial REIT) Interest Expense : $-34.39 Mil (TTM As of Mar. 2025)

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What is Plymouth Industrial REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Plymouth Industrial REIT's interest expense for the three months ended in Mar. 2025 was $ -6.85 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was $-34.39 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. Plymouth Industrial REIT's Operating Income for the three months ended in Mar. 2025 was $ 7.39 Mil. Plymouth Industrial REIT's Interest Expense for the three months ended in Mar. 2025 was $ -6.85 Mil. Plymouth Industrial REIT's Interest Coverage for the quarter that ended in Mar. 2025 was 1.08. 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.

Plymouth Industrial REIT Interest Expense Historical Data

The historical data trend for Plymouth Industrial 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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Plymouth Industrial REIT Interest Expense Chart

Plymouth Industrial REIT Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-17.46

-19.97

-32.22

-36.09

-37.15

Plymouth Industrial REIT Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-9.70	-9.73	-10.36	-7.45	-6.85

Plymouth Industrial 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-34.39 Mil.

Plymouth Industrial REIT (AMEX:PLYM.PRA.PFD) 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.

Plymouth Industrial REIT's Interest Expense for the three months ended in Mar. 2025 was $-6.85 Mil. Its Operating Income for the three months ended in Mar. 2025 was $7.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was $625.47 Mil.

Plymouth Industrial REIT's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	7.387	/	-6.849
	=	1.08

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

Plymouth Industrial REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Plymouth Industrial REIT Inc (AMEX:PLYM.PRA.PFD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

PLYM:USA

Address

20 Custom House Street, 11th Floor, Boston, MA, USA, 02110

Website

https://www.plymouthreit.com

Plymouth Industrial REIT Inc is a full-service, vertically integrated, self-administered, and self-managed Maryland corporation. It is focused on the acquisition, ownership, and management of single and multi-tenant Class B industrial properties, including distribution centers, warehouses, and light industrial properties, located in secondary and primary markets across the United States. The company has one reportable segment, which is Industrial properties. The majority of its property portfolio is spread across Florida, Ohio, Indiana, Tennessee, Illinois and Georgia, among others. It receives income from the rental revenue through its properties.

Executives

Jeffrey E Witherell	director, officer: CEO	C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Daniel C Wright	officer: CFO	C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Pendleton P White	director, officer: President and CIO	C/O CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Martin Barber	director	C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
David Gaw	director	C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Philip S Cottone	director	C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Richard J Deagazio	director	C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110