CTP NV (STU:3YZ) Interest Expense : €-153.3 Mil (TTM As of Mar. 2024)

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What is CTP NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CTP NV's interest expense for the three months ended in Mar. 2024 was € -50.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-153.3 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. CTP NV's Operating Income for the three months ended in Mar. 2024 was € 129.5 Mil. CTP NV's Interest Expense for the three months ended in Mar. 2024 was € -50.7 Mil. CTP NV's Interest Coverage for the quarter that ended in Mar. 2024 was 2.55. 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.

CTP NV Interest Expense Historical Data

The historical data trend for CTP NV'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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CTP NV Interest Expense Chart

CTP NV Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-62.73

-57.36

-80.60

-130.70

CTP NV Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial												-28.10	-30.10	-32.00	-40.50	-50.70

CTP NV 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-153.3 Mil.

CTP NV (STU:3YZ) 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.

CTP NV's Interest Expense for the three months ended in Mar. 2024 was €-50.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was €129.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €7,569.0 Mil.

CTP NV's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	129.5	/	-50.7
	=	2.55

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

CTP NV (STU:3YZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CTP NV (STU:3YZ) » Definitions » Interest Expense

Traded in Other Exchanges

CTPNV:Netherlands CTPNVa:UK 3YZ:Germany CTP:Czech Republic

Address

Apollolaan 151, Amsterdam, NH, NLD, 1077

Website

https://www.ctp.eu

CTP NV is the full-service commercial real estate developer managing and delivering custom-built, high-tech business parks throughout Central and Eastern Europe. A vast majority of its revenue is earned through rental income. Its segments include the Czech Republic, Romania, Hungary, Slovakia, The Netherlands, Other geographical segments, and the Hotel segment.

CTP NV (STU:3YZ) Headlines

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