Reading International (Reading International) Interest Expense : $-19.4 Mil (TTM As of Dec. 2023)

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What is Reading International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Reading International's interest expense for the three months ended in Dec. 2023 was $ -5.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-19.4 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. Reading International's Operating Income for the three months ended in Dec. 2023 was $ -7.0 Mil. Reading International's Interest Expense for the three months ended in Dec. 2023 was $ -5.4 Mil. Reading International did not have earnings to cover the interest expense. 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.

Reading International Interest Expense Historical Data

The historical data trend for Reading International'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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Reading International Interest Expense Chart

Reading International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-7.90

-9.35

-13.69

-14.39

-19.42

Reading International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-4.15	-4.12	-4.87	-5.07	-5.36

Reading International 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.4 Mil.

Reading International (NAS:RDIB) 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.

Reading International's Interest Expense for the three months ended in Dec. 2023 was $-5.4 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-7.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $354.7 Mil.

Reading International's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Reading International did not have earnings to cover the interest expense.

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

Reading International (Reading International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Reading International Inc (NAS:RDIB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

RDI:USA 46B:Germany

Address

189 Second Avenue, Suite 2S, New York, NY, USA, 10003

Website

http://www.readingrdi.com

Reading International Inc is a diversified company, engaged in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through two segments: the Cinema segment includes Reading Cinemas, Angelika Film Center, Consolidated Theatres, and City Cinemas; the Real Estate segment includes real estate development and the rental or licensing of retail, commercial, and live theater assets.