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Digital Core REIT (SGX:DCRU) Interest Expense : $-21.74 Mil (TTM As of Dec. 2024)


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What is Digital Core REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Digital Core REIT's interest expense for the six months ended in Dec. 2024 was $ -10.52 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-21.74 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. Digital Core REIT's Operating Income for the six months ended in Dec. 2024 was $ 26.55 Mil. Digital Core REIT's Interest Expense for the six months ended in Dec. 2024 was $ -10.52 Mil. Digital Core REIT's Interest Coverage for the quarter that ended in Dec. 2024 was 2.52. 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.

Digital Core REIT Interest Expense Historical Data

The historical data trend for Digital Core 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.

* Premium members only.

Digital Core REIT Interest Expense Chart

Digital Core REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -12.51 -6.07 - -24.71 -21.74

Digital Core REIT Semi-Annual Data
Jun20 Dec20 Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only - -11.57 -13.14 -11.23 -10.52

Digital Core 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-21.74 Mil.

* 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.

Digital Core REIT  (SGX:DCRU) Interest Expense Explanation

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 higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Digital Core REIT's Interest Expense for the six months ended in Dec. 2024 was $-10.52 Mil. Its Operating Income for the six months ended in Dec. 2024 was $26.55 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $653.84 Mil.

Digital Core REIT'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*26.549/-10.517
=2.52

* 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.

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. Digital Core REIT interest coverage is 2.38, which is low.

Digital Core REIT Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Digital Core REIT (SGX:DCRU) » Definitions » Interest Expense
Comparable Companies
SGX:CRPU SGX:J85 SGX:O5RU SGX:AW9U SGX:P40U SGX:Q5T SGX:AU8U SGX:CWBU SGX:M1GU SGX:ACV AMT EQIX DLR CCI IRM SBAC WY GLPI LAMR XBRU:SHUR
Traded in Other Exchanges
DGTCF:USA
Address
10 Collyer Quay, No. 42-06 Ocean Financial Centre, Singapore, SGP, 049315
Website
https://www.digitalcorereit.com
Digital Core REIT is an S-REIT established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilized income-producing real estate assets located globally which are majorly used for data centre purposes, as well as assets necessary to support the digital economy. Its objective is to create long-term, sustainable value for all stakeholders through ownership and operation of a stabilised and diversified portfolio of mission-critical data centre facilities concentrated in select global markets. The company's geographical presence is in North America (U.S. and Canada) and Germany. The company earns the majority of its revenue from the North America segment.

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