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United Development Funding IV (United Development Funding IV) Interest Expense : $-10.34 Mil (TTM As of Sep. 2015)


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What is United Development Funding IV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. United Development Funding IV's interest expense for the three months ended in Sep. 2015 was $ -2.62 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2015 was $-10.34 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. United Development Funding IV's Operating Income for the three months ended in Sep. 2015 was $ Mil. United Development Funding IV's Interest Expense for the three months ended in Sep. 2015 was $ Mil. 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.

United Development Funding IV Interest Expense Historical Data

The historical data trend for United Development Funding IV'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.

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United Development Funding IV Interest Expense Chart

United Development Funding IV Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Interest Expense
-1.73 -1.59 -1.04 -5.37

United Development Funding IV Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -1.91 -2.48 -2.58 -2.66 -2.62

United Development Funding IV 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 Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.34 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.

United Development Funding IV (United Development Funding IV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » United Development Funding IV (OTCPK:UDFI) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
1301 Municipal Way, Suite 200, Grapevine, TX, USA, 76051
Website
http://www.udfonline.com
United Development Funding IV is a real estate investment trust. It invests in the development and construction of single-family homes through a family of public and private funds, which direct investor capital towards the financing of homebuilders and land developers. The company offers investors to diversify their portfolios with investments in affordable residential real estate. The vast majority of the company's loan portfolio is secured by parcels of land intended for development and finished lots. Nearly all of the company's property loans and investments are secured by or related to properties located in Texas.
Executives
Phillip Kent Marshall director 10959 CUTTEN ROAD, HOUSTON TX 77066
Stacey Dwyer director, officer: Chief Operating Officer 301 COMMERCE STREET, SUITE 500, FORT WORTH TX 76102