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Mori Hills Reit Investment (TSE:3234) Interest Expense : 円-793 Mil (TTM As of Jul. 2023)


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What is Mori Hills Reit Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mori Hills Reit Investment's interest expense for the six months ended in Jul. 2023 was 円 -397 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2023 was 円-793 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. Mori Hills Reit Investment's Operating Income for the six months ended in Jul. 2023 was 円 6,956 Mil. Mori Hills Reit Investment's Interest Expense for the six months ended in Jul. 2023 was 円 -397 Mil. Mori Hills Reit Investment's Interest Coverage for the quarter that ended in Jul. 2023 was 17.51. 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.


Mori Hills Reit Investment Interest Expense Historical Data

The historical data trend for Mori Hills Reit Investment'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.

Mori Hills Reit Investment Interest Expense Chart

Mori Hills Reit Investment Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -881.41 -877.05 -848.99 -828.28 -803.25

Mori Hills Reit Investment Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -422.56 -405.73 -405.89 -397.36 -395.62

Mori Hills Reit Investment 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 Jul. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-793 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.


Mori Hills Reit Investment  (TSE:3234) 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.

Mori Hills Reit Investment's Interest Expense for the six months ended in Jul. 2023 was 円-397 Mil. Its Operating Income for the six months ended in Jul. 2023 was 円6,956 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jul. 2023 was 円173,622 Mil.

Mori Hills Reit Investment's Interest Coverage for the quarter that ended in Jul. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jul. 2023 )/Interest Expense (Q: Jul. 2023 )
=-1*6955.843/-397.355
=17.51

* 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.


Mori Hills Reit Investment (TSE:3234) Business Description

Traded in Other Exchanges
N/A
Address
12-32 Akasaka 1-chome, Minato-ku, Tokyo, JPN
Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate primarily office buildings and residential and retail properties available for lease in Tokyo.

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