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Sekisui House Reit (TSE:3309) Interest Expense : 円-1,570 Mil (TTM As of Apr. 2024)


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What is Sekisui House Reit Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sekisui House Reit's interest expense for the six months ended in Apr. 2024 was 円 -791 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2024 was 円-1,570 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. Sekisui House Reit's Operating Income for the six months ended in Apr. 2024 was 円 9,905 Mil. Sekisui House Reit's Interest Expense for the six months ended in Apr. 2024 was 円 -791 Mil. Sekisui House Reit's Interest Coverage for the quarter that ended in Apr. 2024 was 12.53. 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.


Sekisui House Reit Interest Expense Historical Data

The historical data trend for Sekisui House 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.

Sekisui House Reit Interest Expense Chart

Sekisui House Reit Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -1,382.64 -1,445.68 -1,439.19 -1,403.40 -1,499.78

Sekisui House Reit Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 -687.40 -716.01 -720.10 -779.69 -790.75

Sekisui House 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 Apr. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-1,570 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.


Sekisui House Reit  (TSE:3309) 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.

Sekisui House Reit's Interest Expense for the six months ended in Apr. 2024 was 円-791 Mil. Its Operating Income for the six months ended in Apr. 2024 was 円9,905 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Apr. 2024 was 円207,577 Mil.

Sekisui House Reit's Interest Coverage for the quarter that ended in Apr. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Apr. 2024 )/Interest Expense (Q: Apr. 2024 )
=-1*9905.27/-790.748
=12.53

* 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.


Sekisui House Reit Business Description

Traded in Other Exchanges
N/A
Address
4-15-1 Akasaka, Minato-ku, Tokyo, JPN, 107-0051
Sekisui House Reit Inc is a Japan-based company that operates as a real estate investment trust. The company invests in commercial properties predominantly in office and commercial buildings, hotels, and retail properties located in the Tokyo Metropolitan Areas, Osaka, and Nagoya areas. The asset manager of the company is a subsidiary of Sekisui House, Ltd.

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