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Daiwa House Logistics Trust (SGX:DHLU) Interest Expense : S$-4.73 Mil (TTM As of Dec. 2023)


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What is Daiwa House Logistics Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Daiwa House Logistics Trust's interest expense for the six months ended in Dec. 2023 was S$ -2.28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-4.73 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. Daiwa House Logistics Trust's Operating Income for the six months ended in Dec. 2023 was S$ 21.90 Mil. Daiwa House Logistics Trust's Interest Expense for the six months ended in Dec. 2023 was S$ -2.28 Mil. Daiwa House Logistics Trust's Interest Coverage for the quarter that ended in Dec. 2023 was 9.60. 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.


Daiwa House Logistics Trust Interest Expense Historical Data

The historical data trend for Daiwa House Logistics Trust'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.

Daiwa House Logistics Trust Interest Expense Chart

Daiwa House Logistics Trust Annual Data
Trend Dec18 Dec19 Dec20 Dec22 Dec23
Interest Expense
-9.79 -9.70 -9.63 - -4.73

Daiwa House Logistics Trust Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial -4.86 -4.77 -4.52 -2.45 -2.28

Daiwa House Logistics Trust 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 semi-annually data reported by the company within the most recent 12 months, which was S$-4.73 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.


Daiwa House Logistics Trust  (SGX:DHLU) 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.

Daiwa House Logistics Trust's Interest Expense for the six months ended in Dec. 2023 was S$-2.28 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$21.90 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$375.68 Mil.

Daiwa House Logistics Trust's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*21.9/-2.281
=9.60

* 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.


Daiwa House Logistics Trust (SGX:DHLU) Business Description

Traded in Other Exchanges
N/A
Address
8 Marina View, No. 14-09 Asia Square Tower 1, Singapore, SGP, 018960
Daiwa House Logistics Trust is a real estate investment trust established with the investment strategy of principally investing in a portfolio of income-producing logistics and industrial real estate assets located across Asia. The DHLT Portfolio comprises 16 high-quality properties that are diversified across different regions in Japan, including the Greater Tokyo region and core regional markets in Japan.

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