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AIP Realty Trust (TSXV:AIP.U) Interest Expense : $-0.16 Mil (TTM As of Dec. 2023)


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What is AIP Realty Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AIP Realty Trust's interest expense for the three months ended in Dec. 2023 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.16 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. AIP Realty Trust's Operating Income for the three months ended in Dec. 2023 was $ -0.60 Mil. AIP Realty Trust's Interest Expense for the three months ended in Dec. 2023 was $ -0.03 Mil. AIP Realty Trust did not have earnings to cover the interest expense. 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.


AIP Realty Trust Interest Expense Historical Data

The historical data trend for AIP Realty Trust'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.

AIP Realty Trust Interest Expense Chart

AIP Realty Trust Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
-0.02 -0.13 -0.16

AIP Realty Trust Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.04 -0.04 -0.04 -0.03

AIP Realty Trust 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 quarterly data reported by the company within the most recent 12 months, which was $-0.16 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.


AIP Realty Trust  (TSXV:AIP.U) 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.

AIP Realty Trust's Interest Expense for the three months ended in Dec. 2023 was $-0.03 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2.90 Mil.

AIP Realty Trust's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

AIP Realty Trust did not have earnings to cover the interest expense.

* 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.


AIP Realty Trust (TSXV:AIP.U) Business Description

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Address
885 West Georgia Street, Suite 2200, HSBC Building, Vancouver, BC, CAN, V6C 3E8
AIP Realty Trust is a real estate investment trust with a growing portfolio of new light industrial flex facilities distinctly designed to address the long-overlooked needs of small businesses and the trades and services sectors in high-growth markets in the U.S.

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