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Japan Prime Realty Investment (TSE:8955) Interest Expense : 円-1,451 Mil (TTM As of Dec. 2023)


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What is Japan Prime Realty Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Japan Prime Realty Investment's interest expense for the six months ended in Dec. 2023 was 円 -729 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-1,451 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. Japan Prime Realty Investment's Operating Income for the six months ended in Dec. 2023 was 円 8,152 Mil. Japan Prime Realty Investment's Interest Expense for the six months ended in Dec. 2023 was 円 -729 Mil. Japan Prime Realty Investment's Interest Coverage for the quarter that ended in Dec. 2023 was 11.19. 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.


Japan Prime Realty Investment Interest Expense Historical Data

The historical data trend for Japan Prime Realty 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.

Japan Prime Realty Investment Interest Expense Chart

Japan Prime Realty Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,491.31 -1,408.18 -1,396.54 -1,442.03 -1,451.31

Japan Prime Realty Investment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -701.61 -710.34 -731.69 -722.77 -728.54

Japan Prime Realty 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-1,451 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.


Japan Prime Realty Investment  (TSE:8955) 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.

Japan Prime Realty Investment's Interest Expense for the six months ended in Dec. 2023 was 円-729 Mil. Its Operating Income for the six months ended in Dec. 2023 was 円8,152 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was 円182,400 Mil.

Japan Prime Realty Investment's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*8151.718/-728.537
=11.19

* 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.


Japan Prime Realty Investment (TSE:8955) Business Description

Traded in Other Exchanges
Address
4-16 Yaesu, 1-Chome, Chuo-ku, Tokyo, JPN, 103-0028
Japan Prime Realty Investment Corporation, or JPR, is a Japanese real estate investment trust primarily involved in the ownership of properties in the Greater Tokyo region. Most of JPR's real estate portfolio is comprised of office buildings, with retail properties making up the rest of the company's holdings. The vast majority of JPR's assets are in the Tokyo metropolitan area, which are mostly concentrated in Central Tokyo. The company generates nearly all of its revenue through collecting funds from investors, investing that money into real estate properties, and then collecting rental income from those properties. Its collection of tenants is fairly evenly distributed among service, information and communication, manufacturing, finance, retail, and real estate companies.

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