Boston Properties (STU:BO9) Interest Expense : €-561 Mil (TTM As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Boston Properties Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Boston Properties's interest expense for the three months ended in Mar. 2024 was € -149 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-561 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. Boston Properties's Operating Income for the three months ended in Mar. 2024 was € 227 Mil. Boston Properties's Interest Expense for the three months ended in Mar. 2024 was € -149 Mil. Boston Properties's Interest Coverage for the quarter that ended in Mar. 2024 was 1.52. 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.

Boston Properties Interest Expense Historical Data

The historical data trend for Boston Properties'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.

Boston Properties Interest Expense Chart

Boston Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-371.45

-354.87

-374.66

-412.66

-531.47

Boston Properties Quarterly Data
	Jun19	Sep19	Dec19	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															-125.35	-131.50	-138.50	-142.21	-148.94

Boston Properties 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 €-561 Mil.

Boston Properties (STU:BO9) 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.

Boston Properties's Interest Expense for the three months ended in Mar. 2024 was €-149 Mil. Its Operating Income for the three months ended in Mar. 2024 was €227 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €14,863 Mil.

Boston Properties'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	*	226.541	/	-148.94
	=	1.52

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. Boston Properties Inc interest coverage is 1.73, which is low.

Boston Properties (STU:BO9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Boston Properties Inc (STU:BO9) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

BXP:USA BXP:Mexico BOXP34:Brazil

Address

800 Boylston Street, Suite 1900, Prudential Center, Boston, MA, USA, 02199-8103

Website

https://www.bxp.com

Boston Properties owns over 190 properties consisting of approximately 54 million rentable square feet of space. The portfolio is dominated by office buildings and is spread across major cities such as New York, Boston, San Francisco, Los Angeles, Seattle, and the Washington, D.C., region. The real estate investment trust also owns limited retail, hotel, and residential properties.

Boston Properties (STU:BO9) Headlines

No Headlines