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GLP J-REIT (TSE:3281) Interest Expense : 円-2,180 Mil (TTM As of Aug. 2023)


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What is GLP J-REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GLP J-REIT's interest expense for the six months ended in Aug. 2023 was 円 -1,054 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2023 was 円-2,180 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. GLP J-REIT's Operating Income for the six months ended in Aug. 2023 was 円 15,325 Mil. GLP J-REIT's Interest Expense for the six months ended in Aug. 2023 was 円 -1,054 Mil. GLP J-REIT's Interest Coverage for the quarter that ended in Aug. 2023 was 14.53. 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.


GLP J-REIT Interest Expense Historical Data

The historical data trend for GLP J-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.

GLP J-REIT Interest Expense Chart

GLP J-REIT Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,780.86 -1,593.31 -1,712.36 -1,818.23 -1,991.24

GLP J-REIT Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 -905.17 -913.06 -936.82 -1,054.43 -1,125.25

GLP J-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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-2,180 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.


GLP J-REIT  (TSE:3281) 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.

GLP J-REIT's Interest Expense for the six months ended in Aug. 2023 was 円-1,054 Mil. Its Operating Income for the six months ended in Aug. 2023 was 円15,325 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2023 was 円365,090 Mil.

GLP J-REIT's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Aug. 2023 )/Interest Expense (Q: Aug. 2023 )
=-1*15325.45/-1054.425
=14.53

* 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.


GLP J-REIT (TSE:3281) Business Description

Traded in Other Exchanges
N/A
Address
Shiodome City Center, 1-5-2, Higashi-Shimbashi, Minato-ku, Tokyo, JPN
GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.

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