RMR (The RMR Group) Interest Expense : $-1.5 Mil (TTM As of Dec. 2024)

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What is The RMR Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The RMR Group's interest expense for the three months ended in Dec. 2024 was $ -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-1.5 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. The RMR Group's Operating Income for the three months ended in Dec. 2024 was $ 14.2 Mil. The RMR Group's Interest Expense for the three months ended in Dec. 2024 was $ -0.7 Mil. The RMR Group's Interest Coverage for the quarter that ended in Dec. 2024 was 20.28. 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.

The RMR Group Interest Expense Historical Data

The historical data trend for The RMR Group'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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The RMR Group Interest Expense Chart

The RMR Group Annual Data

Trend

Sep15

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Sep24

Interest Expense

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-0.78

The RMR Group 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															-0.01	-	-	-0.78	-0.70

The RMR Group 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 $-1.5 Mil.

The RMR Group (NAS:RMR) 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.

The RMR Group's Interest Expense for the three months ended in Dec. 2024 was $-0.7 Mil. Its Operating Income for the three months ended in Dec. 2024 was $14.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $106.6 Mil.

The RMR Group'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	*	14.175	/	-0.699
	=	20.28

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

The RMR Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » The RMR Group Inc (NAS:RMR) » Definitions » Interest Expense

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Traded in Other Exchanges

26R:Germany

Address

255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634

Website

https://www.rmrgroup.com

The RMR Group Inc is a holding company that conducts its business through its subsidiary, which is an alternative asset management company that invests in real estate and manages real estate-related businesses. Its business consists of providing management services to publicly owned real estate investment trusts, or REITs, and real estate-related operating companies. It also provides management services to real estate securities mutual funds and commercial real estate finance companies. The company's operating segment is RMR LLC and All Other Operations. The RMR Group derives its revenue from providing business and property management services as well as advisory and other services.

Executives

Christopher J. Bilotto	officer: Exec. VP of The RMR Group LLC	C/O THE RMR GROUP LLC, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jennifer F. Mintzer	officer: Exec. VP of The RMR Group LLC	C/O DIVERSIFIED HEALTHCARE TRUST, TWO NEWTON PL., 255 WASHINGTON STREET, NEWTON MA 02458
Jonathan Veitch	director	TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jonathan Pertchik	officer: Exec. VP of The RMR Group LLC	C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Andrew J Rebholz	officer: Exec. VP of The RMR Group LLC	C/O TRAVELCENTERS OF AMERICA LLC, 400 CENTRE STREET, NEWTON MA 02458
Rosen Plevneliev	director	THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Frederick N Zeytoonjian	director	C/O REIT MANAGEMENT & RESEARCH LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Watkins Walter C. Jr.	director	C/O THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458-1634
Ann Logan	director	C/O PHH CORPORATION, 3000 LEADENHALL RD, MOUNT LAUREL NJ 08054
John G. Murray	officer: Exec. VP of The RMR Group LLC	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Thomas M O'brien	officer: Exec. VP of The RMR Group LLC	308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
David M Blackman	officer: Exec. VP of The RMR Group LLC	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Mackey Bruce J Jr	officer: Exec. VP of The RMR Group LLC	C/O FIVE STAR QUALITY CARE, INC., 400 CENTRE STREET, NEWTON MA 02458
Matthew P. Jordan	officer: CFO and Treasurer	C/O THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
Senior Housing Properties Trust	10 percent owner	C/O THE RMR GROUP, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458