VONOY (Vonovia SE) Interest Expense : $-1,009 Mil (TTM As of Sep. 2024)

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What is Vonovia SE Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vonovia SE's interest expense for the three months ended in Sep. 2024 was $ -303 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-1,009 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. Vonovia SE's Operating Income for the three months ended in Sep. 2024 was $ 319 Mil. Vonovia SE's Interest Expense for the three months ended in Sep. 2024 was $ -303 Mil. Vonovia SE's Interest Coverage for the quarter that ended in Sep. 2024 was 1.06. 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.

Vonovia SE Interest Expense Historical Data

The historical data trend for Vonovia SE'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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Vonovia SE Interest Expense Chart

Vonovia SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-446.44

-489.66

-517.74

-615.25

-889.42

Vonovia SE Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-220.28	-247.11	-220.11	-238.97	-302.55

Vonovia SE 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,009 Mil.

Vonovia SE (OTCPK:VONOY) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Vonovia SE's Interest Expense for the three months ended in Sep. 2024 was $-303 Mil. Its Operating Income for the three months ended in Sep. 2024 was $319 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $748 Mil.

Vonovia SE's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	319.312	/	-302.553
	=	1.06

The higher the ratio, the stronger the company's financial strength is.

Vonovia SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vonovia SE (OTCPK:VONOY) » Definitions » Interest Expense

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Traded in Other Exchanges

VNNVF:USA VNA:Mexico 1VNA:Italy VNAd:UK 0QFT:UK VNA:Germany VNA:Austria

Address

Universitatsstrasse 133, Bochum, DEU, 44803

Website

https://www.vonovia.de

Vonovia SE is a residential real estate company based out of Germany. Vonovia owns and manages a multitude of residential units in many German cities and regions. The company makes long-term investments in the maintenance, modernization, and senior-friendly conversion of its properties. In addition to conducting property management, it handles financing, service, and coordination tasks. Furthermore, it is responsible for the control and monitoring systems as well as risk management. Operations are split into three units: rental, extension, and sales. Outside of extension and rental services, Vonovia's sales activities include managing its portfolio and real estate sales from any of its subportfolios.