Heiwa Real Estate REIT (TSE:8966) Interest Expense: 円-1,561 Mil (TTM As of May. 2026)

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TSE:8966 Heiwa Real Estate REIT Inc TSE:8966
73 GF Score
Price 円135,800.00
GF Value 円156,386.21
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Heiwa Real Estate REIT Interest Expense?

Heiwa Real Estate REIT TSE:8966 +1.80% 73 Interest Expense is 円-1,561 Mil as of May. 2026. GuruFocus rates TSE:8966 with a GF Score™ of 73/100 and a GF Value™ of 円156,386.21 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Heiwa Real Estate REIT's interest expense for the six months ended in May. 2026 was 円 -867 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2026 was 円-1,561 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. Heiwa Real Estate REIT's Operating Income for the six months ended in May. 2026 was 円 6,628 Mil. Heiwa Real Estate REIT's Interest Expense for the six months ended in May. 2026 was 円 -867 Mil. Heiwa Real Estate REIT's Interest Coverage for the quarter that ended in May. 2026 was 7.64. 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.

Heiwa Real Estate REIT  (TSE:8966) 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.

Heiwa Real Estate REIT's Interest Expense for the six months ended in May. 2026 was 円-867 Mil. Its Operating Income for the six months ended in May. 2026 was 円6,628 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in May. 2026 was 円122,072 Mil.

Heiwa Real Estate REIT's Interest Coverage for the quarter that ended in May. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: May. 2026 )/Interest Expense (Q: May. 2026 )
=-1*6627.764/-867.027
=7.64

* 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.

Heiwa Real Estate REIT Interest Expense Historical Data

* Premium members only.

The historical data trend for Heiwa Real Estate 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.

Heiwa Real Estate REIT Interest Expense Chart

Heiwa Real Estate REIT Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -676.84 -720.52 -798.87 -954.88 -1,284.85

Heiwa Real Estate REIT Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 -451.77 -503.12 -590.65 -694.20 -867.03
TSE:8966
73GF Score
Heiwa Real Estate REIT Inc TSE:8966
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Heiwa Real Estate 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 May. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-1,561 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of 円-1,561 Mil mean?
Heiwa Real Estate REIT (TSE:8966) has a Interest Expense of 円-1,561 Mil as of May. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Heiwa Real Estate REIT and its competitors.
Is Heiwa Real Estate REIT's Interest Expense too high?
Heiwa Real Estate REIT's current Interest Expense is 円-1,561 Mil. Overall, Heiwa Real Estate REIT has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heiwa Real Estate REIT's Interest Expense compare to VICI and WPC?
Heiwa Real Estate REIT's Interest Expense of 円-1,561 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a REITs company?
A good Interest Expense depends on the REITs industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Heiwa Real Estate REIT and its competitors. Heiwa Real Estate REIT's current Interest Expense is 円-1,561 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heiwa Real Estate REIT stock overvalued right now?
Based on GuruFocus' analysis, Heiwa Real Estate REIT (TSE:8966) is currently considered Modestly Undervalued. The stock's GF Value™ is 円156,386.21, compared to a current price of 円135,800.00 — trading 13.2% below its estimated fair value. The current Interest Expense is 円-1,561 Mil. Heiwa Real Estate REIT's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Heiwa Real Estate REIT (TSE:8966), the current Interest Expense is 円-1,561 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Heiwa Real Estate REIT (TSE:8966) Overvalued in 2026?

Based on GuruFocus' analysis, Heiwa Real Estate REIT stock appears to be undervalued. The current stock price of 円135,800.00 is trading 13.2% below its estimated GF Value™ of 円156,386.21. GuruFocus considers Heiwa Real Estate REIT to be Modestly Undervalued.

Key valuation signals for TSE:8966:

  • Interest Expense: 円-1,561 Mil
  • GF Value™: 円156,386.21 vs. price of 円135,800.00 (13.2% below fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the TSE:8966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Heiwa Real Estate REIT Business Description

Industry Real EstateREITs
Address 5-1, Nihonbashi-kabutocho, Chuo-ku, Tokyo, JPN, 105-6237
Heiwa Real Estate REIT Inc is a real estate company that invests in office buildings and residential buildings located in the Tokyo Metropolitan Area and other cities across Japan. The company leases its buildings for rental revenue and renovates its properties. The tenants include both individuals and businesses from various industries such as wholesale and retail, manufacturing, and information and technology services.
73GF Score

Get the complete analysis for TSE:8966

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円135,800.00
Price
円156,386.21
GF Value